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New Deal


Announced

Completed

VelocityEHS completed the acquisition of Contractor Compliance.

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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Canada

enterprise safety

risk management software

Software

Acquisition

Cross Border

Majority

Private

Completed

Friendly

Single Bidder

Synopsis

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VelocityEHS, a provider of enterprise EHS & ESG software solutions, completed the acquisition of Contractor Compliance, a Canadian-based enterprise safety and risk management software solution provider. Financial terms were not disclosed. ''Making workplaces safer, more sustainable and resilient does not get easier than this. Contractor Compliance really cracked the code on reducing risk and alleviating the administrative burdens of vendor management in an easily accessible way for the customer. Just as important, their solution is a perfect fit for our Accelerate Platform, and their people share our passion for simplifying complex challenges through beautifully designed software,'' Matt Airhart, VelocityEHS CEO.

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