Ushering in a new era of sustainability-led business decisions.
EcoVadis is a leading provider of globally trusted business sustainability ratings, delivered via its SaaS platform to 800 enterprise customers, over 95,000 rated companies, and more than 175 countries covered.
This is the largest equity fundraising for a sustainability data SaaS company to date, bringing EcoVadis’ total capital raised to over $725m, accelerating the firm’s vision of influencing every business decision with sustainability intelligence, becoming one of the first sustainability impact unicorns.
Frédéric Trinel, Co-founder and Co-CEO of EcoVadis, said: “This investment enables us to build on our traction to meet companies at any stage of their sustainability journey, and collaboratively drive improvement in practices and impact at scale. GP Bullhound has again been an exceptional advisory partner to us, helping identify the ideal partners and delivering the best possible transaction to continue our mission.”
Guillaume Bonneton, Partner at GP Bullhound, added: “Following two previous transactions closed in 2016 and 2020, we are thrilled to once again have helped EcoVadis in finding the right capital to continue realising their vision and execute their potential. This transaction is another testament to GP Bullhound’s unwavering commitment to entrepreneurs’ long-term success, both in good as well as more challenging macroeconomic environments.”
This transaction highlights GP Bullhound’s expertise in software, with 30 deals completed in the last 18 months globally including the investment in Weglot by Partech, the acquisition of Foxintelligence by NielsenIQ, the investment in InterCloud by Aleph Capital, and the acquisition of Linkfluence by Meltwater, among many others.
The transaction is expected to close in Q2 2022 following regulatory approvals.
Enquiries
For enquiries, please contact:
Guillaume Bonneton, Partner, at guillaume.bonneton@gpbullhound.com
Joy Sioufi, Partner, Partner, at joy.sioufi@gpbullhound.com
Manish Madhvani, Managing Partner, at manish.madhvani@gpbullhound.com
Kevin Siagam, Vice President, at kevin.siagam@gpbullhound.com
About GP Bullhound
GP Bullhound is a leading technology advisory and investment firm, providing transaction advice and capital to the world’s best entrepreneurs and founders. Founded in 1999 in London and Menlo Park, the firm today has 12 offices spanning Europe, the US and Asia. For more information, please visit www.gpbullhound.com.
Previous transactions
$200m investment from CVC growth partners in EcoVadis (2020)
€30m investment from Partech Ventures in EcoVadis (2016)