It's official - Pegasus has acquired Compliance Fox!
The acquisition is the first for Pegasus after the software company secured a significant growth investment from Silicon Valley tech investor Accel-KKR earlier this year.
Compliance Fox supports the Pegasus strategy to expand its workforce competency network to directly support the needs of the entire workforce. This expansion goes beyond contractors and employees to include SME subcontractors, many of whom perform critical work functions for blue chip Pegasus clients and their large contractors.
"This strategic acquisition supports Pegasus to be as nimble and as robust as our clients demand," said Pegasus CEO Adam Boyle. "Organisations know they cannot abdicate responsibility for safety, and we look forward to offering SMEs and subcontractors the same degree of assurance and risk management that we offer our larger clients for whom they work."
The Compliance Fox SME workforce management software will be fully integrated into the Pegasus platform. Operations Manager of Compliance Fox, Harry Balding, joins Pegasus as Head of Sub-Contractor Services alongside business partner Peter Hubbard in a Product Leadership capacity.
Compliance Fox enables SME contractors to maintain a job-ready workforce in minutes per month – removing inefficiencies, preventing injuries, and reducing site gate rejections.
Together, Pegasus and Compliance Fox manage the safety and competency of over 3 million workers for more than 80,000 companies on a single network, offering workforce management solutions and pricing for the full spectrum of company size, no matter teams of 10 or 10,000.
“Plenty of our clients use Pegasus to manage their sites and contractors, and we use Compliance Fox for our own workforce management.” said Darren Walsh, National Operations Manager at ARA Fire Protection, a subcontractor to Pegasus clients including ALDI, Woolworths, and John Holland.
“This acquisition aims to drive better visibility and management of our clients' compliance requirements for us, as well as giving Compliance Fox more resources to continue developing and supporting their software,” said Mr Walsh.
“Our Operations and Safety teams will be very happy!'
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Established in 1998 to keep Australian workers safe on site, Pegasus connects workers, contractors and assets in real-time on nearly 2,500 worksites for companies including Woolworths, BHP, Visy, Lendlease, Aurizon and Ausgrid. Pegasus is the leading industry workforce management solution for mining, rail & transport, construction, manufacturing, retail, and facilities management & utilities.
ABOUT COMPLIANCE FOX
Compliance Fox is a Newcastle-based, compliance-oriented workforce management software system designed for businesses of 20 - 2,000 workers. Through simple competency, inductions, training records, and online learning functionality, Compliance Fox reduces workforce risk, reduces administration time, and protects revenue and customer relationships.