Monday, May 6, 2024

Second deal in a week sees Ideagen expand Australian capabilities

Ideagen has further strengthened its position in regulatory compliance software with the acquisition of Australian workforce safety solution, Damstra Technology.

Damstra’s suite of cloud-based contractor and workforce management tools complement Ideagen’s existing portfolio of quality, compliance, health, safety and risk management software, enabling Ideagen to offer even more comprehensive, tailored solutions to regulated industries.

Speaking about their latest acquisition, Ben Dorks, Ideagen CEO, said: “We’re thrilled to welcome Damstra into the Ideagen family. This acquisition significantly strengthens our solutions for high-risk industries such as mining, energy and construction.

“Damstra’s robust safety and compliance solutions enhance our EHS capabilities enabling us to help our customers meet regulatory requirements, mitigate risk and achieve operational excellence.”

Damstra software provides end-to-end safety solutions for workforce management that allows organizations to predict, mitigate and reduce unforeseen and unnecessary business risks to people, workplaces, assets and information.

Christian Damstra, CEO of Damstra Technology, commented on the acquisition: “Joining Ideagen is a pivotal moment for Damstra. We’re excited about the opportunities this acquisition opens up for customers and colleagues.

“Leveraging Ideagen’s global footprint and deep industry expertise means we can offer our customers enhanced support, scalability and a wider portfolio of products.

“As Ideagen Damstra, we can continue to introduce cutting-edge, integrated solutions, redefining industry standards and creating safer, more efficient workplaces. Together, we’ll enhance our capabilities and further solidify our dedication to innovation and excellence, delivering solutions to regulated industries worldwide.”

This acquisition is the fifth Australian business to be brought into the Ideagen family since the start of 2023. It is their third acquisition of 2024 and follows Monday’s announcement that InPhase, the mobile frontline worker safety solution, would be joining Ideagen.

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