Veriforce Acquires Highwire

Apax Funds Acquire Veriforce from Thoma Bravo

August 28, 2024

Cloud & SaaS

Funds advised by Apax Partners LLP have acquired a controlling stake in Veriforce from Thoma Bravo. Veriforce, a US-headquartered provider of supply chain risk management SaaS and services, will partner with Apax to drive further organic growth, international expansion and product scaling; financial terms were not disclosed.

Veriforce Acquires Global Worker Pass

May 3, 2023

Cloud & SaaS

Veriforce has acquired Global Worker Pass to strengthen its contractor and global workforce management capabilities by integrating real-time worker qualification and credential verification. The acquisition brings Global Worker Pass's credentialing platform and CEO Craig Scott into Veriforce to expand its SaaS suite for safety, compliance and workforce verification across high-hazard industries.

Veriforce Acquires CHAS (UK Contractor Management Company)

January 3, 2023

Cloud & SaaS

Thoma Bravo-backed Veriforce has completed the acquisition of CHAS (CHAS 2013 Limited) from the London Borough of Merton, creating an expanded global supply chain risk and compliance platform. The deal brings CHAS's UK-focused contractor prequalification and health & safety services into Veriforce's SaaS safety and compliance network to accelerate international expansion and capability development.

Summit Partners Leads $96M Growth Investment in ConstructSecure (Highwire)

January 24, 2022

Cloud & SaaS

ConstructSecure, a Partner Elevation Platform for capital projects, received a $96 million growth equity investment led by Summit Partners to accelerate product development and expand its platform. Headquartered in Burlington, Massachusetts, ConstructSecure (now rebranded as Highwire) will use the capital to scale its Partner Elevation offerings and broaden its footprint across construction and facilities markets.

Veriforce Acquires ComplyWorks

August 18, 2020

Cloud & SaaS

Veriforce, a Thoma Bravo-backed supply chain risk and compliance management provider, acquired Calgary-based ComplyWorks, a leading compliance management and contractor-management SaaS platform. The acquisition expands Veriforce's global footprint and broadens its capabilities to serve hiring clients and contractors across multiple industries, creating an enhanced global supply chain risk management platform.

MPS Limited Acquires HighWire Press

July 1, 2020

Media & Entertainment

MPS Limited completed the acquisition of HighWire Press, adding a leading scholarly publishing platform to its content, learning, and platform solutions portfolio. The deal is intended to accelerate MPS's platform business and expand its digital publishing capabilities for academic and STM customers.