Digital health and safety specialist EcoOnline has acquired StaySafe, a leading provider of cloud-based monitoring solutions that ensures workers in remote or risky environments have twenty-four-seven protection, expanding and strengthening its comprehensive suite of EHS SaaS Solutions.
Commenting on the acquisition, EcoOnline's CEO Göran Lindö said: "Our mission in EcoOnline is to protect people and the environment. In StaySafe, we have found a team where the protection of people is in their DNA, and we see great potential for future joint growth and innovation. We believe StaySafe's solution is at the forefront of lone worker protection, and marrying it with our user-friendly EHS and chemical safety suite is an attractive match. Together, we will bring StaySafe's product to our 7 100+ customer base in the UK, Ireland, the US, and the Nordics, while offering our own broad EHS platform to StaySafe customers, creating a best-in-class on and off-site worker safety solution."
London-based StaySafe was established in 2012, and has 35 employees. It has a market presence in the UK, Ireland, the USA, Canada, Australia, and New Zealand and has reported strong ARR and customer growth over several years.
The solution provides global coverage, and the company has over 900 clients and more than 45,000 users across the UK, Ireland, USA, Canada, Australia, and New Zealand. Amongst its loyal customer base is several blue-chip customers such as Nokia, KPMG, Skanska, and GE.
Don Cameron, CEO of StaySafe, commented: "We're delighted to become part of EcoOnline. For our customers, EcoOnline's significant resources will allow us to accelerate the development of the StaySafe Lone Worker product and offer some exciting new best-of-breed EHS solutions. EcoOnline's greater market access will allow us to accelerate our growth, particularly in areas where we have little presence. I think it's a great fit for our people, the company, and our clients.”