EQT has agreed to acquire Avetta, a supply chain risk management software company, from Welsh, Carson, Anderson & Stowe.
For over two decades, Avetta’s SaaS platform has helped clients manage supply chain risks across health, safety and sustainability, among other risk vectors. With 12 offices around the globe and more than 750 employees, Avetta’s network spans over 130 countries. Through the development of new products and technologies, adoption of AI, automation and global expansion, Avetta will drive its value proposition to both hiring clients and suppliers.
Goldman Sachs & Co. LLC served as financial advisor and Kirkland & Ellis served as legal counsel to Avetta. Citi served as financial advisor and Ropes & Gray served as legal counsel to EQT.