Carlsquare advised WEKA Group on the sale of Quick-FDS to 3E
Carlsquare advised WEKA Group on the sale of its, safety-solutions provider Quick-FDS, to global market leader 3E.
Quick-FDS helps chemical manufacturers and end-users across the globe to comply with safety regulations. Headquartered in Saint-Denis, France, Quick-FDS offers turnkey solutions for hosting, managing, operating and delivering safety data sheets (SDS). The firm is renowned for its comprehensive and up-to-the-minute regulatory expertise. Clients include some of the world’s largest corporations.
3E has over 35 years of experience in environmental, health, safety and sustainability (EHS&S) compliance. The US-based firm is a portfolio company of New Mountain Capital.
The strategic acquisition of Quick-FDS further strengthens 3E’s global leadership in SDS management, facilitating expansion into the European market, as well as expanding the safety and compliance offerings available to its clients and so reducing their risk.
The transaction is conditional on regulatory approval. It is expected to close in early 2024.
Carlsquare acted as the exclusive financial advisor to WEKA Group.