KPA, a Lafayette, CO-based provider of Environmental Health and Safety (EHS) Risk Management solutions, received a majority investment from Providence Equity Partners.
The financial terms of the transaction were not disclosed. Existing investor CIVC Partners will retain a minority investment in the company going forward.
The company will use the proceeds from the investment to further accelerate its organic growth and acquisition strategy.
Led by Vane Clayton, Chairman and CEO, KPA provides cloud-based EHS risk management solutions for the automotive, collision repair, manufacturing, insurance, and distribution & logistics industries. Its software platform combined with recurring on-site audit/loss control services delivers a comprehensive solution for 10,000+ client locations to achieve regulatory compliance; control risk; protect assets; and effectively train, retain, and manage people.