Second deal in a week for Ideagen as Aussie firm snapped up

Ben Dorks

Ideagen has sealed its second deal in a week with the acquisition of Australian workforce safety solution, Damstra Technology.

Damstra is a provider of cloud-based contractor and workforce management tools.

Ben Dorks, Ideagen CEO, said: “This acquisition significantly strengthens our solutions for high-risk industries such as mining, energy and construction.

“Damstra’s robust safety and compliance solutions enhance our EHS capabilities enabling us to help our customers meet regulatory requirements, mitigate risk and achieve operational excellence. ”

Damstra software provides safety solutions for workforce management that allows organizations to predict, mitigate and reduce unforeseen and unnecessary business risks to people, workplaces, assets and information.

Christian Damstra, CEO of Damstra Technologies, said: “Joining Ideagen is a pivotal moment for Damstra. We’re excited about the opportunities this acquisition opens up for customers and colleagues.

“Leveraging Ideagen’s global footprint and deep industry expertise means we can offer our customers enhanced support, scalability and a wider portfolio of products.

“As Ideagen Damstra, we can continue to introduce cutting-edge, integrated solutions, redefining industry standards and creating safer, more efficient workplaces. Together, we’ll enhance our capabilities and further solidify our dedication to innovation and excellence, delivering solutions to regulated industries worldwide. ”

The acquisition is the fifth Australian business to be brought into the Ideagen family since the start of 2023. As part of its Asia-Pacific footprint, Ideagen Damstra joins Ideagen OnePlace Solutions (May 2023), Ideagen Lucidity (October 2023) Ideagen OpCentral (November 2023) and Ideagen Plant Assessor (January 2024) alongside Ideagen CompliSpace (December 2021).

It is Ideagen’s third acquisition of 2024 and follows Monday’s announcement that InPhase, the mobile frontline worker safety solution would be joining the company.

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