Lavyuk Consultancy

Avetta is a leading provider of supply chain risk management software, specializing in enhancing safety, sustainability, and compliance across global supply chains. Founded in 2003 and headquartered in Lehi, Utah, Avetta operates from 12 offices worldwide, serving clients in over 130 countries. Business Wire+8Business Wire+8Business Wire+8Business Wire+6WSJ+6Reuters+6 Key Services and Solutions:Avetta One Platform: A comprehensive SaaS platform that enables clients to manage various supply chain risks, including safety, sustainability, worker competency, and performance. It offers contractor prequalification and worker competency management across industries such as construction, energy, manufacturing, and telecom. WSJ+9avetta.com+9GlobeNewswire+9avetta.com+9GlobeNewswire+9Business Wire+9 Sustainability and ESG Solutions: Avetta provides tools to help companies achieve their Environmental, Social, and Governance (ESG) goals by offering analytics, sustainability ratings, and maturity scores based on global standards. This assists organizations in reducing supply chain risks and creating data-driven roadmaps for sustainability. GlobeNewswire+3Business Wire+3avetta.com+3avetta.com Recent Developments:Acquisition by EQT: In April 2024, European private equity firm EQT agreed to acquire Avetta from Welsh, Carson, Anderson & Stowe. The transaction, valued at over $3 billion including debt, aims to support Avetta's global expansion and technological advancements, particularly in automation and AI. Reuters+3Reuters+3WSJ+3WSJ+1Reuters+1 Partnerships and Innovations: Avetta has partnered with organizations like the National Safety Council to introduce initiatives such as the Safety Maturity Index, enhancing contractor safety management. Additionally, Avetta has integrated AI-powered features into its platform to improve risk assessment and management capabilities. Business Wire