apexanalytix, a Greensboro, NC-based provider of global supply chain risk management data, software and services, acquired ESG Enterprise, a Houston, TX-based provider of environmental, social and governance (ESG) management data, software and services.
The amount of the deal was not disclosed.
With the acquisition, apexanalitix will expand its offerings.
Led by Alan Lee, CEO, ESG Enterprise helps companies meet their ESG and climate objectives through a suite of software solutions that include a front-end data management platform, and artificial intelligence (AI) powered supply chain analytics. The company’s data-powered cloud platform provides the rigorous ESG risk and climate data necessary for companies to effectively measure their climate footprints; meet Scope 1, Scope 2, and Scope 3 reporting requirements; and comply with international regulations and other leading ESG reporting frameworks.
ESG Enterprise uses AI and publicly available data to maintain a map of ESG characteristics across global supply chains, providing proprietary scores, company profiles, and benchmarks that help companies assess the ESG attributes of their supply chains significantly faster and more accurately than other ESG assessment methods.
Led by Steve Yurko, CEO, apexanalitix provides supply chain software, data, and analytics markets with data-powered software and services for supplier management, fraud prevention, and overpayment recovery. Its suite of products includes its supplier management platform, apexportal, which fully automates supplier on-boarding, compliant master data management, and continuous monitoring of supplier and supply chain risk, throughout the supplier life cycle.
The company serves over 250 Fortune 500 and Forbes Global 2000 companies, protecting more than $9 trillion of annual spend across complex supply chains.
FinSMEs
08/03/2023