Cority, a Toronto, Canada-based provider of environmental, health, safety and quality (EHSQ) software, received a new investment of undisclosed amount.
Thoma Bravo is making a majority investment in the company while previous majority investor Norwest Venture Partners will continue to retain a significant stake in the business and re-invest over half of its proceeds along with Georgian Partners.
The transaction is expected to close by the end of June 2019 subject to customary closing conditions.
Led by CEO Mark Wallace, Cority has built an SaaS based, enterprise-grade environmental, health, safety, and quality (EHSQ) software. Its solutions allow organizations to gain actionable insights from their data, manage risk and compliance, and improve business performance by safeguarding employees, protecting the environment and streamlining complex workflows.
Cority’s team of over 350 experts serve over 800 clients in 100 countries, supporting 2.5 million end users.