Add-on Acquisition • Software

HCG Associates Acquires Protexus

On April 19, 2021, HCG Associates acquired software company Protexus

Acquisition Context

This is HCG Associates’ 1st transaction in the Software sector.
This is HCG Associates’ 1st transaction in the United States.
This is HCG Associates’ 1st transaction in Texas.

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M&A Deal Summary
Date	April 19, 2021
Target	Protexus
Sector	Software
Buyer(s)	HCG Associates
Deal Type	Add-on Acquisition

Target Company

Protexus

Willis, Texas, United States

Protexus is a regional provider of Process Safety Management (PSM) solutions and Mechanical Integrity services for anhydrous ammonia refrigeration systems. Protexus provides compliance services for companies with industrial and commercial refrigeration systems across a variety of industries in the southern and mid-western regions of the U.S. Protexus also has an industry-leading cloud-based PSM PRO® Software Protexus is based in Willis, Texas.

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Buyer Overview 1

Buyer

HCG Associates

Taunton, Massachusetts, United States

Category	Company
Founded	2004
Sector	Business Services

DESCRIPTION

HCG Associates is providing professional process safety management, health, safety, environmental, and hazardous materials compliance advice. HCG helps business owners achieve their mandated health, safety, environmental, and regulatory compliance requirements for years, with advice and expertise that is supported by experience. HCG works directly with clients in formulating their custom compliance blueprint. HCG Associates was founded in 2004 and is based in Taunton, Massachusetts.

Deal Context for Buyer	#
Overall	1 of 1
Sector: Software	1 of 1
Type: Add-on Acquisition	1 of 1
State: Texas	1 of 1
Country: United States	1 of 1
Year: 2021	1 of 1

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