Cority announces new growth investment with Thoma Bravo as majority investor
Cority, the trusted provider of environmental, health, safety and quality (EHSQ) software, has announced that it has entered into an agreement with Thoma Bravo, LLC, in which the leading private equity investment firm will own a majority stake in the company. Previous majority investor Norwest Venture Partners will continue to retain a significant stake in the business and will re-invest over half of its proceeds.
Over its 30-year history, Cority has built the only enterprise-grade, unified true SaaS platform spanning all aspects of EHSQ. Today, Cority’s award winning solutions serve over 800 clients worldwide, allowing 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. The company has continually driven innovation on behalf of its clients, most recently with the introduction of its Quality and Predictive Analytics solutions and announced record levels of growth and investment in 2018.