To further drive and support Enhesa’s mission of helping companies striving for Environmental, Health and Safety (EHS) compliance, Enhesa has been acquired by CGE Partners (“CGE”), a new European mid-market buyout fund.
CGE Partners was founded in 2019, with €440mn raised to invest in strongly performing companies in Western and Northern Europe, but with a global reach. CGE seeks to invest in high margin businesses with strong growth potential, backing ambitious management teams with a proven track record and a clear vision. CGE recognizes the value of Enhesa’s purposeful business and its associated busines model. Enhesa’s experienced in-house legal experts together with its solid and premium client & partner community make the company well positioned to harvest the full potential in this large and growing market.
Peter Schramme, CEO at Enhesa, commented: “We are excited to move to a new phase of our success story by welcoming CGE at such an important time for our company. We look forward to sharing the benefits of their business expertise and investment capital with our clients, partners, and employees while we continue our expansion across the globe. CGE’s engaged and supportive approach makes them the ideal partner to help us to achieve our vision for Enhesa and cement our position as the global market leader. I also would like to thank the Waterland team for the fruitful and enjoyable collaboration over the past years, they were a tremendous hands-on partner for me and my team.”
CGE will use its in-house Operator Panel, which is comprised of experienced former business leaders, to support Enhesa’s growth initiatives, to provide an expert sounding board for management and to help accelerate the company’s already impressive performance. Furthermore, CGE will help the company to reinforce its status as the leading global EHS intelligence platform with support in carrying out strategic, targeted add-on acquisitions.
The team at CGE commented: “Enhesa represents a perfect fit for CGE’s strategy of investing in top-performing businesses that fulfil mission-critical services in the tech-enabled business services sector. Enhesa’s position as the global leader in EHS regulatory compliance will form a strong platform for targeted M&A activity, and we look forward to supporting Peter and his team to consolidate the company’s market leadership and drive further growth.”
