Software and Technology

Workplace Answers

Provider of SaaS workplace compliance solutions to enterprises and higher-ed institutions.

Transaction Overview

  • Represented Workplace Answers, LLC (“WPA”), in its sale to EVERFI.
  • WPA is a market leader in the SaaS-based online compliance and training sector.
  • The Company’s eLearning courseware addresses the needs of multiple industries, such as high-tech, education and retail, as well as multiple regulatory topic areas, such as anti-corruption/FCPA, harassment & discrimination, code of conduct & ethics, Title IX & sexual violence prevention, diversity & inclusion, and security & privacy awareness.
  • WPA’s online compliance and training platform delivers approximately 200 courses to over 1,250 customers globally, which represents more than 2.5 million learners.

Key Observations

  • WPA is a search-fund backed privately held company located in Austin, TX that has been built into a growing, profitable business of scale.
  • The Company sought a buyer/financial sponsor that would be able to offer the desired operational expertise to accelerate growth and further capture market share, as well as build on its reputation as a market leader.
Hennepin Partners LLC