HSI, a leader in Environmental, Health, Safety, and Quality (EHSQ) compliance and workforce development solutions, has announced the acquisition of Skillko, a prominent provider of competency and compliance management services. This strategic acquisition strengthens HSI’s operational risk management capabilities while increasing its presence in the EU and UK markets, leveraging Skillko’s established footprint in Europe.
Key Highlights of the Acquisition
- Expanded Operational Risk Management
- HSI enhances its suite of EHSQ management solutions with Skillko’s advanced competency and compliance management capabilities.
- European Market Presence
- Skillko, based in Ireland, specializes in competency management, induction processes, and supplier onboarding, significantly boosting HSI’s market presence in the EU and UK.
- Efficiency and Cost Savings
- Skillko’s streamlined approach reduces up to 90% of the tasks associated with compliance management, enabling organizations to save time, resources, and money.
- Real-Time Compliance Automation
- Skillko’s solutions allow businesses to track compliance gaps by job role, project, customer, or business unit, ensuring true workforce competency.
Leadership Insights
- Chad Birckelbaw, CEO of HSI
- Highlights the importance of having a powerful and scalable solution to manage employee, contractor, and supplier skills in increasingly complex supplier networks. He notes that the acquisition of Skillko enhances HSI’s geographic and solution capabilities, better serving global customers.
- Brendan Maloney, Co-CEO of Skillko
- Expresses optimism for Skillko customers who will now benefit from HSI’s extensive EHSQ software and training capabilities. He emphasizes the value of a single-source partner in delivering effective safety and compliance programs globally.
The acquisition of Skillko marks a significant step forward for HSI in its mission to make workplaces safer and smarter while facilitating EHSQ compliance. With the backing of Waud Capital Partners, HSI continues to focus on strategic acquisitions that empower employee development and enhance compliance management capabilities across the EU and UK markets. This partnership positions HSI to deliver stronger safety and compliance solutions, ultimately benefiting organizations across various sectors.
