VelocityEHS Set For Rapid Progress Following CVC Growth Fund Acquisition

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.