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New Deal


Announced

STG-backed SAI360 to acquire Evotix.

Financials

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Transaction Value-
Consideration TypeCash
Capital Owned-
Capital Bid For100%
EV/Sales-
EV/EBITDA-
Share Price Premium-
One Off Charge-

Tags

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Private

Pending

Acquisition

United Kingdom

Majority

Private Equity

well-being company

Friendly

Software

Cross Border

Single Bidder

Synopsis

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STG-backed SAI360, a ESG cloud provider, agreed to acquire Evotix, an environment, health, safety and well-being software company. Financial terms were not disclosed. “We conducted a robust review of strategic opportunities across the EHS&S software market and unanimously determined that Evotix’s impressive platform is a natural expansion with SAI360’s EHS&S business. Additionally, Evotix’s values mirror SAI360’s commitment to providing innovative technology and exceptional service to protect the health and safety of employees and ensure sustainable operations,” Peter Granat, SAI360 CEO.

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