Contractor Compliance

Canaccord Genuity Advises Contractor Compliance on its Sale to VelocityEHS

Canaccord Genuity is pleased to announce its client, Contractor Compliance, has been acquired by VelocityEHS, a portfolio company of CVC and Partners Group. Contractor Compliance is an enterprise safety and risk management software solution provider that helps customers with automated workflows & contractor submissions collection, stakeholder access & management, audit facilitation and more. The deal adds innovative third-party contractor and vendor compliance capabilities to the award winning VelocityEHS Accelerate Platform. 

With the addition of Contractor Compliance, enterprises in highly regulated industries like manufacturing, food & beverage and pharma have greater access to enterprise-grade contractor management software in order to easily reduce compliance admin up to 70% vs. traditional third-party management processes. Further, Contractor Compliance’s capabilities and rapid deployment model — enabling roll-out in 30 days or less — are a great complement and entryway to the Control of Work solution available on the Velocity Accelerate Platform.