SCM Software Avetta Agrees to Acquire Pegasus

Aitechpark07 May, 2021Technology

Combination to create largest global provider of supply chain risk and worker management solutions Avetta?, the leading provider of supply chain risk management software, announced today it has agreed to acquire Pegasus, a leader in worker competency management software and services. Based in Newcastle, Australia, its products are used by more than 100 hiring clients, including BHP, Lendlease, and Otis, to manage 3.5 million workers employed by 70,000 suppliers. The combination will help accelerate Avetta?s global growth strategy and is expected to create the largest provider of supply chain risk management and compliance solutions, with nearly 170,000 suppliers and 4 million managed workers.