Harris Williams Advises Health & Safety Institute on its Sale to Waud Capital Partners
September 03 2019 - 10:39AM
Business Wire
Harris Williams, a global investment bank specializing in
M&A advisory services, announces that it advised Health &
Safety Institute (HSI), a portfolio company of The Riverside
Company (Riverside), on its sale to Waud Capital Partners (WCP).
HSI is a leading platform for environmental, health and safety
(EHS) compliance, training and workflow solutions. The transaction
was led by Mike Wilkins and Andy Leed of the Harris Williams
Technology, Media & Telecom (TMT) Group and Andy Dixon, Andrew
Hoft and Michael Mahoney of the Harris Williams Healthcare &
Life Sciences (HCLS) Group.
“Over the course of Riverside’s investment, HSI has solidified
its position as a leading provider of fully-integrated compliance
and training solutions delivered through a highly-innovative
technology platform,” stated Mike Wilkins, a managing director at
Harris Williams. “It has been an absolute pleasure working with the
HSI and Riverside teams on this transaction, and HSI has found a
terrific partner in Waud to help support the organization’s next
chapter of growth.”
“HSI’s solutions are critically important in helping
organizations reduce workplace incidents and costs due to
non-compliance,” added Andy Leed, a director at Harris Williams.
“In today’s regulatory environment, organizations cannot afford to
make compliance-related missteps, which makes technology-driven
compliance and training platforms very attractive assets.”
HSI is a premier EHS compliance and training platform that
enables organizations of all sizes to make their workplaces and
communities safer, while reducing both financial and reputational
risk and ensuring compliance in an increasingly complex regulatory
environment.
Riverside is a global private equity firm focused on investing
in growing businesses valued at up to $400 million. Since its
founding in 1988, Riverside has made more than 600 investments. The
firm's international private equity and structured capital
portfolios include more than 90 companies.
Based in Chicago, WCP is a leading growth-oriented private
equity firm with total capital commitments of approximately $3
billion since its founding in 1993. WCP partners with exceptional
management teams to build market-leading companies in two sectors:
healthcare services, and business and technology services. Since
its founding, the firm has successfully completed more than 275
investments, including platform companies and follow-on
opportunities.
Harris Williams, an investment bank specializing in M&A
advisory services, advocates for sellers and buyers of companies
worldwide through critical milestones and provides thoughtful
advice during the lives of their businesses. By collaborating as
one firm across Industry Groups and geographies, the firm helps its
clients achieve outcomes that support their objectives and
strategically create value. Harris Williams is committed to
execution excellence and to building enduring, valued relationships
that are based on mutual trust. Harris Williams is a subsidiary of
the PNC Financial Services Group, Inc. (NYSE: PNC).
The Harris Williams TMT Group advises leading private and public
companies, entrepreneurs, private equity firms and venture capital
firms on mergers and acquisitions and capital-raising transactions
worldwide. The TMT Group has deep domain expertise in the
Software/SaaS and Internet & Digital Media segments, with
particular emphasis on specific verticals including education
technology, data analytics, energy technology, fintech, public
sector, and supply chain/logistics—with a dedicated healthcare
technology (HCIT) practice. Across verticals, the firm also advises
technology services and networking solutions businesses. For more
information on the TMT Group and its recent transactions, visit the
TMT Group’s section of the Harris Williams website.
The Harris Williams HCLS Group has experience across a broad
range of sectors, including medical devices, products and
distribution; multi-site and retail healthcare providers; alternate
site care; healthcare IT; managed care and cost containment
services; outsourced clinical services; and outsourced pharma
services. For more information on the HCLS Group and other recent
transactions, visit the HCLS Group’s section of the Harris Williams
website.
Harris Williams LLC is a registered broker-dealer and member of
FINRA and SIPC. Harris Williams & Co. Ltd is a private limited
company incorporated under English law with its registered office
at 5th Floor, 6 St. Andrew Street, London EC4A 3AE, UK, registered
with the Registrar of Companies for England and Wales (registration
number 07078852). Harris Williams & Co. Ltd is authorized and
regulated by the Financial Conduct Authority. Harris Williams &
Co. Corporate Finance Advisors GmbH is registered in the commercial
register of the local court of Frankfurt am Main, Germany, under
HRB 107540. The registered address is Bockenheimer Landstrasse
33-35, 60325 Frankfurt am Main, Germany (email address:
hwgermany@harriswilliams.com). Geschäftsführer/Directors: Jeffery
H. Perkins, Paul Poggi. (VAT No. awaited). Harris Williams is a
trade name under which Harris Williams LLC, Harris Williams &
Co. Ltd and Harris Williams & Co. Corporate Finance Advisors
GmbH conduct business.
For media inquiries, please contact Katie Langemeier, associate
brand manager, at +1 (804) 648-0072.
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version on businesswire.com: https://www.businesswire.com/news/home/20190903005623/en/
Katie Langemeier, associate brand manager +1 (804) 648-0072
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