Raymond James advises IntegrityNext on the strategic growth investment from EQT

The Deal

IntegrityNext (the “Company”), a leading sustainability software platform dedicated to enabling supply chain transparency and regulatory compliance, announced today that EQT Growth, a leading global growth private equity fund, has signed a definitive agreement to make a strategic growth investment in the Company
EQT Growth will join the co-founding management in a co-control partnership, alongside other existing private investors, while the management will continue to lead the Company

Deal Rationale

The Company’s cloud-based platform enables enterprises to assess risk and monitor a large portion of their supply chain for ESG metrics and compliance, allowing them to meet stakeholder demands and regulatory requirements
The platform has grown to serve more than 200 customers, including Siemens Gamesa, Infineon, SwissRe, Kion and Hilti. To date, the company monitors almost 1 million suppliers in more than 190 countries
IntegrityNext has also partnered and integrated with leading enterprise software tools, including Celonis, Coupa and SAP, allowing it to offer supply chain assessments across numerous major industries
This new round of investment aims to further support the Company’s expansion strategy and product build-out through continued organic growth acceleration

Deal Background

Raymond James acts as exclusive financial advisor to IntegrityNext and its shareholders
The transaction is expected to close in April 2023
Financial terms of the transaction are not disclosed

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