KPA Acquires AnchoRock to Accelerate Growth in Construction Industry

By Cindi Choi.
Updated May 23, 2023

WESTMINSTER, Colo. (PRWEB) 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:

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 KPAs rapid growth as a leading provider of EHS solutions for mid-sized companies.

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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 AnchoRock AnchoRock provides software to help construction contractors make job sites safer and fully compliant with all regulatory requirements. With a mobile-first approach, AnchoRock brings simple, yet powerful safety management software tools to construction companies from every vertical and sub-trade. With automated solutions, any-device accessibility, and detailed reporting capabilities, AnchoRock helps construction companies digitize their safety programs and automate daily field tasks from the job site, the office, or anywhere in between.

For more information, go to anchorock.com.

About Providence Equity Partners Providence Equity Partners is a specialist private equity investment firm focused on growth-oriented media, communications, education, and technology companies across North America and Europe. Providence combines its partnership approach to investing with deep industry expertise to help management teams build exceptional businesses and generate attractive returns.

Since its founding in 1989, Providence has invested over $35 billion across more than 170 private equity portfolio companies. With its headquarters in Providence, RI, the firm also has offices in New York, London, Boston and Atlanta.

For more information, please visit provequity.com.