Announced
Synopsis
Partners Group, a private equity firm, agreed to acquire a minority stake in CVC Capital-backed VelocityEHS, an EHS software company. Financial terms were not disclosed. "Our thematic research identified EHS as an attractive sub-sector of the US software market due to its large size, strong secular growth trends, and fragmented landscape. VelocityEHS is a market-leading SaaS platform in this space, with a comprehensive product portfolio, and we have strong conviction in its future prospects. We look forward to working with management and our partners at CVC on scaling VelocityEHS further and executing on the value creation plan," Chris Russell, Partners Group Managing Director.
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