Denver, CO – Hennepin Partners acted as exclusive financial advisor to Hellman & Associates, Inc. (the “Company”), a Denver-based regional leader in EHS compliance solutions, on its sale to U.S. Compliance (“USC”), a portfolio company of Susquehanna Growth Equity (“SGE”). Fredrikson & Byron acted as Hellman & Associates legal counsel.
USC, a platform company backed by Susquehanna Growth Equity, an entrepreneur-centric growth equity firm, employs a unique Compliance-as-a-Service (CaaS) model which is a transformational approach to EHS compliance that combines expert consulting, cloud-based software, and on-demand support to help clients achieve and sustain EHS compliance, reduce risk, and improve overall company performance. USC’s CaaS model is designed to be flexible, scalable, and cost-effective, allowing clients to focus on growing their business.
“We are excited to welcome Hellman & Associates, Inc. to the U.S. Compliance family. This acquisition strengthens our presence in the Rocky Mountain region and accelerates our continued growth across the country. Our shared commitment to clients and team members makes this partnership an ideal fit,” said Jim Ginther, CEO, U.S. Compliance Corporation.
Hellman & Associates, Inc. was founded in 1998, by Ryan Hellman, Founder & President. Hellman & Associates, Inc. offers a wide range of EHS services, including their version of CaaS called Assured Compliance, management systems, customized training programs, auditing, regulatory compliance reporting, gas detection services, etc. They have been a market leader and reliable partner to over 140 businesses in the Rocky Mountain region.
“This acquisition makes perfect sense for Hellman & Associates, Inc. as it allows us to leverage U.S. Compliance’s broad geographic reach, extensive resources and expertise. By joining forces, we can enhance our current business and provide even more comprehensive EHS solutions to our clients,” added Ryan Hellman.
Regarding working with Hennepin Partners, Ryan Hellman said “We evaluated several advisors when considering our strategic options, ultimately choosing Hennepin Partners for its impressive industry knowledge and unparalleled expertise in the compliance sector.” Hellman added “Beyond Hennepin’s domain experience, its track record of success working with companies possessing a subscription business model allowed them to present our story in a way that ultimately maximized value. The Hennepin team closely collaborated with us, taking the time to understand our unique market and competitive landscape, while guiding us through a fast-paced, efficient process that closed on a tight deal timeline. Hennepin played a critical role in helping Hellman & Associates, Inc. achieve a tremendous outcome. I highly recommend the Hennepin Partners team to other founders exploring their strategic options.”