ChemADVISOR Madison Park Group Advises ChemAdvisor on sale to UL
ChemADVISOR is a leading provider of Environmental, Health, Safety, and Transportation (EHS&T) information & regulatory compliance solutions to the global chemical-based manufacturing industry. The company offers a variety of database products, training programs, and consulting services for handling hazardous materials on a global basis. ChemADVISOR's database products, including ChemADVISOR Navigator, LOLI (List of Lists) Database, and Transportation Advisor provdide comprehensive up-to-date chemical regulatory information. LOLI contains hundreds of thousands of substances in over 5,700 lists, including non-regulatory and supplementary information. ChemADVISOR's products are designed by EHS&T experts to empower its customers to achieve compliance with regulations, author SDSs and label statements in multiple languages, determining Global Harmonized System (GHS) and Transportation Classifications, and much more. For more information, please visit ChemADVISOR's website.
UL is a premier global independent safety science company that has championed progress for more than 120 years. Its more than 11,000 professionals are guided by the UL mission to promote safe working and living environments for all people. UL uses research and standards to continually advance and meet ever-evolving safety needs. UL partners with businesses, manufacturers, trade associations, and international regulatory authorities to bring solutions to a more complex global supply chain. For more information about UL's certification, testing, inspection, advisory, and education services, please visit UL's website.
Pittsburgh, PA – November 17, 2017 – Madison Park Group is pleased to announce that its client ChemADVISOR, a recognized leader in chemical regulatory compliance and data solutions, has been acquired by UL, a global leader in safety science. Madison Park Group served as exclusive financial advisor to ChemADVISOR on the transaction.
CEO Andy Dsida commented on the transaction:
"Madison Park Group provided invaluable advice throughout each step of the sale process. Their depth of sector knowledge proved instrumental in positioning ChemADVISOR's unique value to strategic acquirers, and MPG's skillful process execution demonstrated its value to the company's shareholders & employees beyond even our highest expectations. I look forward to working with them again."
Jonathan Adler, Co-Founder and Managing Director at Madison Park Group, commented:
"ChemADVISOR has long been recognized in the market as one of the most trusted data & solution providers for chemical regulatory compliance. ChemADVISOR's comprehensive chemical regulatory database products will enable UL to expand its full suite of value chain services and help strengthen global relationships with its customers."
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