Ideagen, the regulatory and compliance software firm, has further strengthened its EHS capabilities with the acquisition of Australian health, safety, environment and quality software company, Lucidity.
It is Ideagen’s second Australian acquisition of 2023 following OnePlace Solutions in May, joining Ideagen CompliSpace, Ideagen’s established governance, risk and compliance management solution acquired in 2021. This takes the total investment by Ideagen into Australia-based software businesses to around AUS $150m.
It is also Ideagen’s third health and safety solution in 12 months, following the acquisition of DevonWay last month and ProcessMAP in 2022 as the Nottingham-based business proactively boosts its EHS and asset management capabilities.
Ideagen CEO, Ben Dorks, said: “Australia is a hot bed of good, innovative tech businesses and Lucidity is a great example of this – a class-leading solution offering customers depth of functionality and scalability to meet their EHS and quality needs.
“The addition of Lucidity builds our footprint and increases the support we can offer to regulated industries in that region, and we are looking forward to amplifying that great tech globally.”
Lucidity CEO, James Graham, said: “Joining Ideagen means we can realize our growth ambitions faster by leveraging Ideagen’s global reach, which opens up additional business possibilities.
“We will be able to deliver even more value and innovative solutions to our clients as we will have the tools, resources and support to accelerate the development of our product and, importantly, our people too. By combining our strengths, we’ll be better equipped to tackle industry challenges, deliver remarkable solutions to our clients, and create lasting impact.”
Lucidity is a cloud-based environmental health, safety and quality management solution that connects on-the-ground workers with management teams. It enables workers to record hazards, incidents and operational processes in one central location while providing real-time dashboards for management to monitor compliance, accountability and efficiency.
Customers include Acciona Australia, infrastructure business Downer, Cargill in the agricultural sector and construction companies Meinhardt Group, Metricon Homes and Built.
Lucidity is Ideagen’s fifth acquisition of 2023 following Qadex (now Ideagen Quality Management Food and Beverage edition) in January, Ideagen Tritan and Ideagen OnePlace Solutions in May and Ideagen DevonWay last month.
