An affiliate of Peak Rock Capital has signed a definitive agreement to acquire the Employee Health and Safety software business of UL Solutions, with plans to rebrand the business as PureEHS following the anticipated close in the second quarter of 2026.
The transaction will carve out the EHS software operations from UL Solutions and position the business as a standalone platform under Peak Rock’s ownership. Peak Rock said it intends to make significant investments in the company’s products and operational resources to support continued growth and enhance customer experience.
PureEHS will offer a comprehensive software suite focused on employee health and safety, occupational health management, and workplace safety training. Its portfolio includes PureOHS and OHM, which provide employee health and safety and occupational health management software solutions.
The SYSTOC platform delivers electronic medical record and practice management software solutions. In addition, LearnShare provides workplace safety training and learning management system solutions supported by a robust training content library.
The company serves more than 900 customers across industries where regulatory compliance and workplace safety are critical. Peak Rock highlighted its experience investing in mission-critical software businesses and executing carve-out transactions as key factors supporting the acquisition.
Peak Rock Capital is a private investment firm focused on the middle market, making equity and debt investments across North America and Europe. Its equity platform targets opportunities to support senior management teams in driving growth and performance improvement, particularly in corporate carve-outs and founder-led businesses seeking institutional capital for the first time. The firm also operates credit and real estate investment platforms.
The financial terms of the transaction were not disclosed.
KEY QUOTES:
“PureEHS represents a compelling opportunity to invest in mission-critical EHS software products that help businesses minimize risk, increase efficiency, and ensure compliance. Our investment highlights Peak Rock’s continued focus on investing in leading software businesses that are differentiated in their categories and are well-positioned for further revenue growth. We intend to make significant investments in PureEHS’ products and operational resources to deliver leading software solutions and a best-in-class customer experience to its broad base of over 900 customers.”
Preston Thomas, Managing Director, Peak Rock Capital
“PureEHS boasts a highly attractive software suite that serves durable, high-growth end markets where compliance and safety are of paramount importance. As a carve-out from UL Solutions, these health and safety software businesses are well-positioned for significant growth, and we look forward to partnering with management to accelerate that growth through investments in PureEHS’ capabilities and employees.”
Joe Garigliano, Managing Director, Peak Rock Capital
“This transaction exemplifies Peak Rock’s deep commitment to investing in leading enterprise software businesses with a differentiated value proposition that are serving attractive end markets, as well as our experience and capabilities in executing carve-out transactions. We continue to actively seek technology platforms and carve-out opportunities where our resources and expertise can drive transformational growth and long-term value creation.”
Anthony DiSimone, Chief Executive Officer, Peak Rock Capital
