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Software vendor IsoMetrix acquired to create partnership with NOSA

Software vendor IsoMetrix acquired to create partnership with NOSA

AfricaRegional NewsSoftwareTop Stories

The Carlyle Group, a global investment firm with US$223 billion of assets under management, has acquired a majority stake in IsoMetrix, the world’s leading Environmental, Health and Safety (EHS) software vendor, through their US$698 million Carlyle Africa (Buyout) Fund.

Madison Park Group served as exclusive financial advisor to IsoMetrix on the transaction and existing shareholders and management retain a significant stake in the business.

The investment will equip IsoMetrix for further growth, enabling the company to compete more aggressively for outright leadership within the EHS and integrated risk management software arena through accelerated software development.

The acquisition also offers synergies with occupational health and safety (OHS) risk management solutions provider NOSA – another recent Carlyle Group acquisition.   

IsoMetrix and NOSA will continue to operate independently. However, they will collaborate in developing and cross-selling to enterprise clients across mining, oil and gas, power and transport sectors offering a suite of technology-enabled managed solutions designed to address environmental and occupational health and safety risks. 

IsoMetrix has an office in South Africa and was recently included in the 2019 Verdantix EHS Leaders Quadrant. The Carlyle Group will support the continued growth of IsoMetrix and NOSA through its Sub-Saharan Africa fund and its global network.

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