Code & Co.

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  • Extra logo for case study

Engagement — Add-on Due Diligence

Code & Co. advises Enhesa, a CGE Partners and Bregal Sagemount Portfolio Company, on Tech & Product Due Diligence ahead of its acquisition of TotalSDS, a US-based provider of Safety Data Sheet (SDS) authoring software.

CGE- and Bregal Sagemount-backed Enhesa, the leading provider of regulatory business intelligence worldwide, has announced the acquisition of TotalSDS, a specialist provider of Safety Data Sheet (SDS) authoring software. The acquisition builds on Enhesa’s leadership position in product compliance, EHS intelligence and sustainable chemistry solutions. By integrating TotalSDS’ software and solutions, Enhesa will create an end-to-end workflow for the management of chemical safety data, allowing chemical manufacturers, formulators and distributors in the chemicals supply chain to stay compliant with complex and constantly changing global regulatory requirements.

Scope of Work

Code & Co. conducted a comprehensive due diligence of TotalSDS’s compliance platform, assessing its architecture, infrastructure, technology stack, and security posture.

The review also covered the company’s product roadmap, integration capabilities, and modernization strategy focused on platform migration, automation, and enterprise scalability.

Furthermore, Code & Co. evaluated the engineering organization, software development lifecycle, and QA processes to support continued growth and operational maturity.

About TotalSDS

TotalSDS is dedicated to make the workplace and the environment safer by simplifying compliance and chemical product documentation. With roots as a regulatory professional services provider for the chemical industry, TotalSDS developed a transformational approach to SDS authoring that focuses on a limited universe of chemical hazards rather than chemical ingredients, avoiding the need to review a potentially infinite number of ingredient combinations. The team consists of regulatory compliance experts that are ready to support you and your unique needs.https://www.totalsds.com

About Enhesa

Enhesa is the leading provider of regulatory business intelligence worldwide — a partner to global corporations, empowering business leaders to anticipate risks, navigate complex compliance challenges, and make confident decisions in an increasingly volatile global marketplace. With more than 30 years of regulatory expertise, Enhesa combines purpose-built AI with an ‘experts-in-control’ model to transform complex, fast-changing environmental, health, safety, and chemical regulations and scientific data into timely, actionable insights. Its curated, standardized intelligence drives operational efficiency and strategic advantage, setting the standard for regulatory business intelligence at scale and turning compliance into a competitive advantage. Visit enhesa.com and follow us on LinkedIn.

About CGE Partners

CGE Partners is a private equity firm investing in information, data and software businesses that are shaping the future of their industries. Founded in 2018 and based in London, the firm invests in companies operating within global megatrends – from the energy transition and artificial intelligence to compliance, resource efficiency, digital learning, and the productisation of intelligence. With a proven team of entrepreneurially minded investors with experience across a range of sectors globally, CGE Partners backs the vision of founders and CEOs, supporting companies on their unique journeys to scale with confidence and unlock their full potential. Visit cge-partners.com.

About Bregal Sagemount

Bregal Sagemount is a leading growth-focused private capital firm with more than $7.5 billion of cumulative capital raised. The firm provides flexible capital and strategic assistance to market-leading companies in high-growth sectors across a wide variety of transaction situations. Bregal Sagemount has invested in over 70 companies in a variety of sectors, including software, information/data services, financial technology & financial services, digital infrastructure, healthcare IT, and business & consumer services. The firm has offices in New York, Palo Alto, and Dallas. www.sagemount.com