Latest News
Harris Williams Advises Cority on its Acquisition of French Consultancy Reporting 21
Thursday 22 September 2022

US-based investment bank Harris Williams advised enterprise environmental, health, and safety software provider Cority, a portfolio company of Thoma Bravo, on its acquisition of Reporting 21, a portfolio company of CAPZA, the bank said.

Reporting 21 is a sustainability-focused SaaS platform and consultancy based in Paris.

The transaction was led by Julien Oussadon, Erik Szyndlar and Brian Titterington of the Harris Williams Technology Group.

Cority gives every employee from the field to the boardroom the power to make a difference; reducing risks and creating a safer, healthier, and more sustainable world.

For over 35 years, Cority's people-first software solutions have been built by EHS and sustainability experts who know the pressures businesses face.

Time-tested, scalable, and configurable, CorityOne is the responsible business platform that combines datasets from across the organization to enable improved efficiencies, actionable insights, data-driven decisions, and more accurate reporting on performance.

Trusted by over 1,400 organizations worldwide, Cority deeply cares about helping people work toward a better future for everyone.

Thoma Bravo is one of the largest private equity firms in the world, with more than USD 114bn in assets under management as of March 31, 2022.

The firm invests in growth-oriented, innovative companies operating in the software and technology sectors.

Leveraging the firm's deep sector expertise and proven strategic and operational capabilities, Thoma Bravo collaborates with its portfolio companies to implement operating best practices, drive growth initiatives and make accretive acquisitions intended to accelerate revenue and earnings.

Over the past 20 years, the firm has acquired or invested in more than 380 companies representing over USD 190bn in enterprise value. The firm has offices in Chicago, Miami and San Francisco.

Founded in 2014 in Paris, Reporting 21 is an ESG data monitoring platform, backed by robust expertise in sustainability transformations.

With a team of more than 70 professionals, Reporting 21 bridges the gap between software and advisory, offering a comprehensive SaaS solution informed by expert guidance.

The company's software accommodates hundreds of KPIs mapped to global frameworks and can be configured to individual client needs.

Created in 2004, CAPZA is an established European private investment platform focused on small and mid-cap companies.

CAPZA Group has more than 90 employees based in Paris, Munich, Madrid, Milan and Amsterdam.

Harris Williams, an investment bank specializing in M and A advisory services, advocates for sellers and buyers of companies worldwide. Harris Williams is a subsidiary of the PNC Financial Services Group, Inc. (NYSE: PNC).
Details
Date Published: 22/09/2022

Options