eCompliance

Driving exponential growth
Josh Lebrun - President and CEO of eCompliance

One of the fastest-growing environmental health and safety (EHS) software companies in the world

About the company

Offers a real-time solution to enable EHS professionals to make faster, fact-based decisions and provide executives with a view of safety risks across their company

Location: Toronto, Ontario

Industry: EHS safety software solutions

Entrepreneur challenge

Primarily focused on the creation of online training courses for the health and safety industry, the company decided to move into software and needed additional cash to cover customer acquisition costs and grow at the speed it wanted. The firm also needed financing to acquire a business.

BDC expertise

As an alternative to equity, BDC’s Growth & Transition Capital team provided the company financing to make the transition to software solutions. The bank also provided mezzanine financing in order to acquire Field iD, a leading provider of equipment inspection software.

Proven results

  • Significantly expanded its EHS management platform, creating a single cloud solution
  • Grew from seven to nearly 70 employees
  • Positioned to eliminate one million workplace incidents
  • Increased client renewal rate by more than 90%

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