VelocityEHS Set For Rapid Progress Following CVC Growth Fund Acquisition
Yaowen Ma
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Executive Summary
This report is one in a series covering prominent technology suppliers in the environment, health and safety (EHS) and product stewardship market. Headquartered in Chicago, USA, VelocityEHS is a global EHS solutions provider with deep competency in chemicals compliance management and a breadth of turnkey, cloud-based modules across EHS information management. In late-2017, CVC’s Growth Fund entered into an agreement with Actua Corporation to purchase VelocityEHS at a Verdantix-estimated value of $290 million, making it one of the largest market transactions in 2017. CVC’s acquisition of VelocityEHS will see an aggressive sales and marketing-driven growth that reaffirms its long-term strategy around offering targeted, out-of-the-box solutions for EHS information management. Verdantix analysis finds that large multinational and mid-market firms seeking rapid time-to-value for EHS and chemical compliance software should consider VelocityEHS.The Fundamentals Are In Place To Power A Big Expansion Play For VelocityEHS
The VelocityEHS Product Strategy Focuses On Pervasive Engagement Of Frontline Workers
Firms Seeking Rapid Time-To-Value For EHS And Chemical Compliance Software Should Consider VelocityEHS
About the Author
Yaowen Ma
Principal Analyst
Yaowen is a Principal Analyst at Verdantix conducting research on EHS and ESG information management. His current agenda focuses on digital technologies, best practices and gr...
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