Houlihan Lokey Advises Enviance

Transaction: Houlihan Lokey Advises Enviance

Houlihan Lokey is pleased to announce that Enviance, Inc., a leading environmental, chemical management, and ergonomics software vendor backed by investment firm Battery Ventures, has been acquired by Cority Software Inc. (Cority). The transaction closed on January 22, 2020.

Based in Carlsbad, California, Enviance is a leader in environmental, health, and safety (EHS) software, leveraging a SaaS approach to deliver its EHS platform enterprise-wide. Enviance software is used by more than 400 organizations across 30 industries with more than 800,000 active profiles. In addition, Enviance has more than 1 million users of its behavior-based office ergonomics software, RSI Guard, to improve employee health and wellness. This platform simplifies integrating EHS into operations to better measure, manage, and report mission-critical EHS results.

Cority is the most trusted environmental, health, safety, and quality (EHSQ) software for assuring client success. Cority enables organizations to utilize EHSQ software to facilitate sustainability and operational excellence by combining the deepest domain expertise with the most comprehensive and secure SaaS solutions. With more than 30 years of innovation and experience, Cority's team of nearly 500 experts serves more than 1,200 clients across 30 industries in 100 countries, supporting millions of end users. The company enjoys the industry's highest levels of client satisfaction and has received many awards for its strong employee culture and outstanding business performance.

Enviance's SaaS solution brings additional breadth and depth of complementary capabilities to Cority, which strengthens the offering for the shared portfolio of clients.

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