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Completion of Sale of EnviroSuite’s Consulting Practice

Announcement posted by EnviroSuite Limited 26 Jun 2017

EnviroSuite Limited (ASX: EVS) (EnviroSuite or the Company) today announced the completion of the sale of its entire Pacific Environment Consulting practice, including DLA, (together PEC) to the world’s leading environmental and sustainability consulting group, Environmental Resources Management (ERM).  Details of the sale are set out in the Company’s announcement of 27 April 2017.
 
Robin Ormerod, Managing Director and Founder of EnviroSuite, said “This is a transformational transaction for EnviroSuite as it becomes a focused, well-funded, global SaaS technology business. I would like to thank the staff of EnviroSuite, our legal advisers Addisons, and corporate advisers TMT Partners, for their assistance in the transaction.  We look forward to working with ERM as one of our partners in the globalisation of the EnviroSuite platform.”

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About ERM
Environmental Resources Management (ERM) is a leading global provider of environmental, health, safety, risk, social consulting services and sustainability related services. Through more than 160 offices in over 40 countries and territories employing more than 4,500 people, ERM is committed to providing a service that is consistent, professional and of the highest quality to create value for its clients. Over the past three years, ERM has worked for more than 50 per cent of the Global Fortune 500 companies, delivering innovative solutions for business and selected government clients, helping them understand and manage the sustainability challenges that the world is increasingly facing.
 
About EnviroSuite
EnviroSuite Limited (ASX:EVS), is a global provider of monitoring and operational management services through its leading software-as-a-service platform. The EnviroSuite platform provides a range of monitoring, management and reporting capabilities that are incorporated into a diverse array of operations from water treatment to large scale construction, open cut mines, food processing, port operations, environmental regulators and other industry uses. The leading edge software platform complements and facilitates the pace of technology adoption by industry and the growing expectations of communities the world over that hold environmental quality as key pillars to human health and wellbeing.

EnviroSuite offers a stand-alone software service through to a comprehensive platform to assist companies with their environmental monitoring, management and reporting requirements.

The EnviroSuite technology was developed, and continues to be driven and supported by some of the world’s best minds in environmental science and engineering.  EnviroSuite is receiving increasing global recognition for its innovative platform that is quickly working its way into the everyday operations of industry.

ENDS