Harris Williams Advises Health & Safety Institute on its Sale to Waud Capital Partners

Harris Williams, a global investment bank specializing in M&A advisory services, announces that it advised Health & Safety Institute (HSI), a portfolio company of The Riverside Company (Riverside), on its sale to Waud Capital Partners (WCP). HSI is a leading platform for environmental, health and safety (EHS) compliance, training and workflow solutions. The transaction was led by Mike Wilkins and Andy Leed of the Harris Williams Technology, Media & Telecom (TMT) Group and Andy Dixon, Andrew Hoft and Michael Mahoney of the Harris Williams Healthcare & Life Sciences (HCLS) Group.

“Over the course of Riverside’s investment, HSI has solidified its position as a leading provider of fully-integrated compliance and training solutions delivered through a highly-innovative technology platform,” stated Mike Wilkins, a managing director at Harris Williams. “It has been an absolute pleasure working with the HSI and Riverside teams on this transaction, and HSI has found a terrific partner in Waud to help support the organization’s next chapter of growth.”

“HSI’s solutions are critically important in helping organizations reduce workplace incidents and costs due to non-compliance,” added Andy Leed, a director at Harris Williams. “In today’s regulatory environment, organizations cannot afford to make compliance-related missteps, which makes technology-driven compliance and training platforms very attractive assets.”

HSI is a premier EHS compliance and training platform that enables organizations of all sizes to make their workplaces and communities safer, while reducing both financial and reputational risk and ensuring compliance in an increasingly complex regulatory environment.

Riverside is a global private equity firm focused on investing in growing businesses valued at up to $400 million. Since its founding in 1988, Riverside has made more than 600 investments. The firm's international private equity and structured capital portfolios include more than 90 companies.

Based in Chicago, WCP is a leading growth-oriented private equity firm with total capital commitments of approximately $3 billion since its founding in 1993. WCP partners with exceptional management teams to build market-leading companies in two sectors: healthcare services, and business and technology services. Since its founding, the firm has successfully completed more than 275 investments, including platform companies and follow-on opportunities.