SAI Global Limited (SAI) today announced the acquisition of Cintellate Pty Ltd, a leading global provider of compliance and risk management tools that allow companies to manage their compliance obligations and risk mitigation in the areas of safety, health and the environment (SH&E). Cintellate is head-quartered in Perth, Western Australia and has an office in Houston, USA. The company focuses predominantly on the utilities, oil, gas, refining, mining, engineering, construction, manufacturing and chemical sectors. Since its foundation in 1994 Cintellate’s core technology has been developed specifically for the management of safety, health and the environment.
Commenting on the acquisition, the Chief Executive Officer of SAI Global Limited, Mr Tony Scotton, said “safety, health and the environment are attractive growth sectors and Cintellate has a proven technology solution which has seen sales continue to grow despite the recent challenging economic times”. He added “SAI Global has a stated strategic intent to concentrate on acquiring assets with proprietary intellectual property that focus on providing work flow solutions to global clients so Cintellate fits perfectly with our objective. The business has grown revenue and profit strongly over the last three years”.
This acquisition enhances SAI Global in two important ways by providing a state of the art, market-leading suite of software tools for compliance and risk management that complements SAI’s existing Safety Health and & Environment products, and an opportunity to leverage the Cintellate product suite into new markets using SAI’s established geographic footprint and sales channels and accessing Cintellate’s client base for existing SAI products.
