KPMG Corporate Finance LLC acted as exclusive financial advisor to EWN
KPMG Corporate Finance LLC (“KPMG CF” or the “Firm”) acted as the exclusive financial advisor to EWN (The “Company”) on its growth equity raise led by Noble Rock Software (“Noble Rock”). EWN is a utility management SaaS empowering Oil and Gas (O&G) pipeline owners and contractors to stay safe and compliant. The platform offers full visibility into pipeline job site operations by providing accurate qualification and asset management solutions. As the industry's largest provider of pipeline Operator Qualification (OQ) solutions, EWN serves as the undisputed industry authority, delivering defensible technology offerings while also actively shaping regulatory standards.
KPMG CF’s role in this significant transaction underscores the firm’s deep-rooted expertise in the safety and compliance software industry. KPMG CF’s comprehensive understanding of the unique market dynamics within Environment, Health, & Safety (EHS) / Governance, Risk, & Compliance (GRC) software enabled the firm to strategically position EWN, highlighting its cutting-edge solutions and potential for scalability. The firm’s approach was instrumental in driving a competitive process that not only secured an optimal mix of primary and secondary growth equity to accelerate growth and offer shareholder liquidity, but also brought in an investor who shares EWN’s vision for growth and innovation.
"After 30 years of running our family business, the thought of transitioning to private equity was daunting, to say the least. Thankfully, JP, Grant, and the KPMG team were there every step of the way to guide us through the process. There were several equity firms already courting us, and KPMG helped us narrow down the right fit by aligning us with firms that truly understood our values. KPMG not only took the time to understand us, our values, and our goals, but they also helped us tell our story in a way that resonated with potential partners. Thanks to our newfound friends at KPMG, we were able to sort through over 200 equity firms and find the perfect partner to help us grow while preserving what matters most to us, our culture. Their expertise and support were invaluable, and we couldn’t have asked for a better team to help us through this transition. Anyone wanting to take their company to the next level, give KPMG a call first. You won’t regret it.”
Coleman Sterling
CEO, EWN
Headquartered in Decatur, Texas, EWN is an industry pioneer addressing a significant market void in the O&G pipeline safety and compliance market. The Company’s cloud-based platform provides the most comprehensive, accurate, and intuitive training and qualification offerings, enabling pipeline owners and contractors to execute critical projects with qualified personnel across thousands of job types and tasks. EWN offers 640+ courses and 770+ performance evaluations, developed by education professionals and industry subject matter experts, which are highly customizable and flexible to meet client requirements. The Company proudly serves 2,300+ customers throughout North America and Canada.
Headquartered in Boston, Massachusetts, Noble Rock is a private equity firm that specializes in investing in mission-critical software companies across diverse sectors such as GRC, finance, business productivity, supply chain, HR, and vertical-focused businesses. For over 35 years, the firm has successfully backed 300+ software companies, empowering founders, CEOs, and exceptional management teams to support the growth of their enterprises.
The global Corporate Finance practice of KPMG International’s network of independent member firms was ranked #1 as the top M&A middle-market adviser globally by Refinitiv, based on number of completed transactions, for the past 25 years.
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KPMG CORPORATE FINANCE LLC
The global Corporate Finance practice of KPMG International’s network of independent member firms was ranked as the top (#1) M&A middle-market adviser globally by Refinitiv, based on number of completed transactions, for the past 20 years.