Redefining Construction Supply Chains: GTCR Acquires Once For All from Warburg Pincus

July 24, 2023
by
www.gtcr.com

Key Takeaways:

  1. GTCR, a leading private equity firm, is set to acquire Once For All, a renowned compliance and supply chain management software provider, from Warburg Pincus. Financial terms of the deal remain undisclosed.
  2. Founded in 1998, Once For All is based in Basingstoke, UK, and Paris, France, serving the construction industry in these regions with its SaaS-based network of over 150,000 companies.
  3. GTCR aims to accelerate Once For All’s growth through product innovation and the addition of capabilities through M&A, drawing from its extensive investment history in vertical software with compliance solutions.
  4. Warburg Pincus reflects on its successful partnership with Once For All, during which the company introduced innovative compliance and business development solutions and expanded into Continental Europe.

A Strategic Move: GTCR Acquires Once For All

GTCR, a prominent private equity firm, has announced its decision to acquire Once For All, a key compliance and supply chain management software provider. This strategic acquisition from Warburg Pincus is expected to further enhance GTCR’s position in the tech industry.

Once For All: Pioneering Change in Supply Chain Management

Operating from Basingstoke, United Kingdom, and Paris, France, Once For All is a notable name in the realm of compliance and supply chain management software, with a significant influence on the construction industry. This SaaS-based network of over 150,000 construction and facilities management companies allows contractors and property owners to manage their supply chain of subcontractors and ensure compliance with public regulations and private standards.

“We are excited to partner with the Once For All team to continue to build on the success of the business,” said Mark Anderson, Managing Director and Head of Technology, Media & Telecommunications at GTCR. He added, “We will look to accelerate the Company’s growth and scale through product innovation and the addition of capabilities through M&A. GTCR has a long investment history and experience in vertical software with compliance solutions which we will leverage in helping develop strategies that drive further growth for the business and value for our customers.”

Warburg Pincus: Reflecting on a Successful Partnership

Warburg Pincus, the outgoing investor, reflects positively on its partnership with Once For All. “We are proud to have supported Once For All through a transformative growth journey. Under our ownership, the Company pursued a strategy prioritizing technology and product investment, enabling the launch of innovative compliance and business development solutions for the construction industry,” said Adarsh Sarma and David Reis, Managing Directors at Warburg Pincus.

They added, “A UK-only business when Warburg Pincus invested, Once For All also internationalized during our investment period, bringing its unique product suite to Continental Europe. We would like to thank the management team for their hard work and commitment – they have built a truly world-class business and we wish them and GTCR all the best in the next growth phase.”

About GTCR

Since its establishment in 1980, GTCR has become a leading private equity firm, pioneering The Leaders Strategy™, which focuses on partnering with management leaders to identify, acquire, and build market-leading companies through organic growth and strategic acquisitions. With over $35 billion in equity capital, GTCR continues to invest in transformative growth across various sectors, including Business & Consumer Services, Financial Services & Technology, Healthcare, and Technology, Media & Telecommunications. Learn more about GTCR at www.gtcr.com.

About Once For All

Once For All, the European leader in supply chain risk management solutions for the construction industry, serves over 150,000 customers with its innovative SaaS solution. The company has over 400 employees and operates in the UK, France, Belgium, and Germany. As a market leader, Once For All manages one of the world’s largest proprietary ESG data sets. To find out more about Once For All, visit www.onceforall.com.

About Warburg Pincus

Warburg Pincus LLC is a leading global growth investor with more than $80 billion in assets under management. The firm’s portfolio, consisting of over 250 companies, is highly diversified across stages, sectors, and geographies. Since its inception in 1966, Warburg Pincus has invested more than $112 billion in over 1,000 companies worldwide. More information about Warburg Pincus can be found at www.warburgpincus.com.

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