Software and Technology

IndustrySafe

Leading provider of SaaS-based Environmental, Health & Safety (“EHS”) management solutions for businesses serving a wide variety of end-markets.

Transaction Overview

  • Represented IndustrySafe Inc. (“IndustrySafe”) in its sale to Vector Solutions, a portfolio company of Golden Gate Capital.
  • IndustrySafe is a leading global Software-as-a-Service (“SaaS”) provider of Environmental, Health & Safety (”EHS”) management solutions for businesses serving a wide variety of end-markets.

Key Observations

  • Founder/owner seeking a liquidity event after several years of significant growth.

Driver of Interest

  • Market-leading provider of safety management software.
  • SaaS/subscription model creating predictable, sticky revenue, and strong recurring free cash flow.
  • Broad base of global, loyal customers with minimal concentration.
  • Large and growing end-markets with heavy workplace compliance rules and regulations.
  • Attractive top line growth and strong free cash flow combination.
  • Robust, scalable technical platform.
Hennepin Partners LLC