On the eve of our 2023 Impact Conference, we at Benchmark Gensuite® are thrilled to announce a new partnership that will significantly enhance the future of our product and services platform. I am pleased to share that at the end of April 2023, Benchmark Gensuite® accepted a minority growth investment from Vista Equity Partners, a leading global technology investor specializing in mission-critical software businesses with clear purpose and a demonstrated track record of success.
Since our founding, our ethos has been rooted in collaborative partnerships with our customers, focusing on delivering a product with rapid ROI, excellent service, and continuous innovation. This investment marks our company’s first external capital since we began our journey as an independent, mission-focused enterprise nearly 15 years ago. This truly exciting milestone will enable us to accelerate our mission of globally powering safer, compliant, and more sustainable operations through technology. Vista and its team share our company’s vision of powering safer, compliant, and more sustainable operations worldwide with technology. Their extensive knowledge, experience, and expertise are poised to enhance and contribute to our continued success.
When we embarked on this journey over 25 years ago, I firmly believed that Web-based software could benefit the EHS function by addressing its most daunting challenges, and that collaboration would be essential for success. I am truly grateful for the team that has come together with me to realize this vision and forge a path toward the future with the unified, cross-functional, and natively integrated Benchmark Gensuite platform that now serves EHS, Sustainability, Quality, Operational Risk, and ESG Disclosure Reporting. Unlike our competitors and atypical of other companies of a similar scale, we built our product platform and our services systematically from the ground up, and did so organically, laser-focused on delivering for our customers and providing something fundamentally differentiated for EHS, Sustainability, Operational Risk, and more recently ESG Disclosure Reporting functions. Today, those efforts are recognized by one of the best software investors in the world, an accomplishment of which we all can be rightfully proud.
I am confident that Vista is the ideal partner to help us—and our subscribers—realize our full potential and capitalize on the growing demand for digital solutions across EHS, Sustainability, Quality, Product Stewardship, Supply Chain, Operational Risk, and ESG Reporting.
This investment will give us:
- Increased opportunity for strategic investments. It’s all about our subscribers and providing them with the best possible solutions – today, tomorrow, and a decade from now. Vista believes in our current and future capabilities, and they are committed to investing in the technology, infrastructure, and talent needed to expand and advance our successes.
- Access to exceptional resources for success. Vista invests in category leaders and has a vast ecosystem and large team dedicated to helping us continue to lead. As EHS, Sustainability, and ESG functions continue to grow in responsibility, complexity and maturity, Vista will partner with us to ensure we have the capital, resources, and strategic guidance required to rapidly scale and reach our full potential.
- Cultural and value alignment. A strong team culture has always been a bedrock value for us. Likewise, Vista believes in fostering an inclusive culture that encourages a diversity of opinion and a desire to transform. Their passion lies in people, and I am excited for the numerous growth opportunities for those willing to grow, scale, and deliver exceptional results.
I am so proud to have the privilege to lead this organization of passionate, values-oriented, and driven team members. I’m sincerely grateful for their dedication, collaboration, and teamwork over the years. I look forward to continuing this exciting and fulfilling adventure.