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CIVC Partners Portfolio Company, KPA, Acquires AnchoRock to Accelerate Growth in Construction Industry

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WESTMINSTER, CO, May 23, 2023 KPA, a leading provider of Environment, Health and Safety (EHS) software and solutions, announced today the acquisition of AnchoRock, a construction safety and compliance software company. AnchoRock provides easy-to-use, mobile-first safety and compliance management software specifically designed for contractors to digitize their safety programs and automate daily tasks to stay compliant and keep workers safe.

“We are very excited to welcome the AnchoRock team and their clients to KPA,” said Chris Fanning, KPA President and Chief Executive Officer. “We share a similar vision for helping construction contractors move away from paper and manual processes to a digital software platform that will help lower incident rates, save money and time, stay compliant, and build a culture of safety with a modern toolset. We believe AnchoRock will add market specific software and domain expertise that will help KPA expand its rapidly growing customer base within the middle-market.”

AnchoRock software was built specifically for the needs of the construction industry, with solutions for general, electrical, mechanical, steel, roofing, and solar contractors looking to digitize their safety and compliance programs. AnchoRock provides contractors with user-friendly tools to manage:

  • Inspections and observations
  • Incident management and OSHA reporting
  • Toolbox talks
  • JHA and pre-task planning
  • Certifications and training
  • Safety documents, and more

“We are very happy to join forces with an EHS market leader like KPA,” said Taylor Thorn, CEO of AnchoRock. “I am incredibly proud of the AnchoRock team and the fantastic solutions we have provided for our clients. We look forward to further expanding the value we provide for the construction market by combining forces with KPA.”

In a high-risk and highly scrutinized industry, there is an increased demand for construction companies and contractors to make their safety programs streamlined, accessible, and digital. KPA and AnchoRock together provide an enhanced offering for contractors to manage and decrease incidents rates, implement targeted training, remain compliant with regulatory requirements, and keep employees safe. In addition to construction, KPA provides EHS software and solutions to other industries that need configurable software, mobile access, and online training.

“We are excited to continue investing in the safety and compliance market as there is increased demand for software and training solutions that help organizations digitize and improve their safety programs,” said Will Hughes, Managing Director at Providence Equity Partners, the majority shareholder in KPA. “We believe AnchoRock is a perfect fit to join KPA and will help to further accelerate KPA’s rapid growth as a leading provider of EHS solutions for mid-sized companies.”

 

About KPA

KPA provides Environment, Health, and Safety (EHS) software, services, and award-winning online training to help organizations stay compliant with state and federal regulations and maintain a safe and productive workplace. The KPA EHS software platform is easy to use, highly configurable, and designed for a mobile workforce, which encourages broad adoption and an improved culture of safety across the organization.   For more information, go to kpa.io.

About CIVC Partners, LP

CIVC Partners is a Chicago-based private equity firm established in 1970 to provide growth capital to entrepreneurs and founders. Since 1989, CIVC has invested over $2.1 billion in 79 platforms, primarily as growth and buyout capital along with founders and executives in middle-market companies mainly in the business services sector. CIVC Partners currently invests from CIVC Partners Fund VI. More information on CIVC Partners and its portfolio companies can be found at www.civc.com.

If you have an opportunity that may be an acquisition candidate for KPA, please contact Scott Schwartz (sschwartz@civc.com).

 

Press Contact

Kate Gallego

kgallego@civc.com

(312) 873-7331