CGE-backed Enhesa completes acquisition of Scivera
Enhesa, the global compliance and sustainability business backed by CGE Partners, has completed the acquisition of Scivera, a chemicals management software platform.
LONDON, 11th October 2021
Enhesa, the global compliance and sustainability business backed by CGE Partners (“CGE”), has completed the acquisition of Scivera. The deal marks the second add-on acquisition for Enhesa since CGE backed the company in July 2020 and is a further boost to CGE’s rapidly growing investment portfolio of high-growth European tech-enabled businesses.
Scivera helps leading product brands across the globe to create better products via better chemicals. The platform SciveraLENS is driving the transformation towards safer chemistry and material health – helping businesses to simplify the start of their chemical management program.
CGE commented: “The acquisition of Scivera supports Enhesa’s ambitious growth plans and its standing as a market -leading platform in the compliance content space. Together with Chemical Watch, Enhesa’s first CGE-backed acquisition, Scivera broadens Enhesa’s offerings, providing their customers with the tools to understand and achieve the highest EHS standards and contribute to a more sustainable world.’
Peter Schramme, CEO at Enhesa, commented: “I am delighted to welcome the Scivera team to the Enhesa group. At Enhesa we are on a mission to help build a safer, more sustainable world, and Scivera fundamentally adds to that mission with scientific insight. Their team of sustainable chemistry experts and toxicologists adds unparalleled scientific, forward-thinking content to Enhesa’s core global regulatory intelligence and Chemical Watch’s independent, journalistic insights. This unique trilogy in the market will help our clients even more to stay ahead of the ever-changing curve.”
Joe Rinkevich, Founder of Scivera, remarked: “I am excited about joining the Enhesa group. We have found partners with Enhesa where there is a strong alignment of values. Our shared vision for more sustainability will help drive the transformational mission we are on towards safer chemistry. The chemistry within the group is definitely on!”
About CGE Partners – cge-partners.com
CGE Partners is a €440m European mid-market investment fund. CGE invests in businesses using technology to facilitate the transition to a more digital, renewable, secure and compliant future, providing capital and expertise to enable rapid international expansion in global markets.
About Scivera – scivera.com
Scivera offers on-demand, Web-based chemicals management software and supporting professional services to simplify and speed the review of product chemical ingredients for human and environmental health.
Scivera has developed a proprietary and automated approach to reviewing chemicals and materials for key toxicological hazard and risk attributes to enable better product formulation decisions by users throughout complex supply chains.
Through SciveraLENS, Enterprise, and their services, they enable global brands to own and participate in their shared mission: to create better products via better chemicals.
About Enhesa – enhesa.com
Enhesa is a partner to global multinational companies, helping them be compliant with, and stay on top of, EHS regulations wherever they operate. Over the past 25 years, Enhesa has built an extensive knowledgebase of EHS and product regulatory content in more than 300 jurisdictions with support in 30+ languages. Combining advanced expertise with the latest AI-powered technology, our team of 75 in-house legal experts translate complex regulatory data into clear, concise and standardized content and insight on current and future EHS regulatory obligations. Enhesa has offices in Brussels, Washington D.C., Toronto, Shanghai and Tokyo.