PureSafety Continues Aggressive Growth Strategy
Taps Avondale Partners to identify acquisition opportunities
FRANKLIN, Tenn. — Nov. 10, 2009 — PureSafety, a leading provider of results-driven software and information solutions for workforce safety and health, is ramping up its acquisition strategy and has engaged Avondale Partners, a full-service investment banking firm, to assist in identifying potential opportunities.
PureSafety’s scale, market leadership and momentum make it well positioned for additional growth and a prime candidate to further consolidate the industry. The company is seeking highly capable and committed teams as well as complementary software solutions and service partners within the workforce safety, health, environmental and risk management sectors.
This heightened focus on acquisition growth is in support of PureSafety’s vision to create the industry’s most comprehensive suite of web-based software and information solutions to address compliance, risk management, governance and culture needs.
“Our ability to help our customers protect their most important assets and drive meaningful business results has never been stronger,” said PureSafety President and CEO Bill Grana. “We are looking for like-minded people and companies that share this vision.”
The company’s successful acquisitions to date include the December 2008 acquisition of Unique Software Solutions, Inc. (USSI) and its Occupational Health Manager® (OHM) software suite and PerDatum’s Prognos® software application in November 2006.
“We are excited to partner with PureSafety on this engagement, and already have multiple indications of interest outstanding to acquire complementary firms,” said Chris Calton, director, Investment Banking at Avondale Partners.
About PureSafety
Born out of a workplace tragedy in 1999, PureSafety empowers its customers to protect their organization’s most valuable assets: their people and profits. PureSafety provides comprehensive, web-based software and information solutions that support compliance requirements, overall risk management needs, and the enhancement of governance and company culture through improved programs, processes, awareness, understanding, visibility, and accountability within workforce safety and health. The company’s growing team of 160 employees serves more than 2,000 companies operating in more than 20 major industries including manufacturing, construction, distribution, energy, and healthcare, and encompasses 34 percent of the Fortune 500. Headquartered in the Nashville-area, PureSafety has an additional location in Colorado Springs, Col. To learn more, visit www.puresafety.com or call 888.202.3016.
MEDIA CONTACT:
Amy Gray, APR
Gray Public Relations
615.497.1799
agray@graypr.com
