Avetta, LLC
Avetta is a global provider of cloud-based supply chain risk management and contractor compliance solutions. The company's core mission is to foster a global community where businesses and their suppliers can operate efficiently and without undue risk, by streamlining compliance, safety, and performance across the supply chain. Avetta's headquarters are located in Lehi, Utah, United States.
Avetta offers a comprehensive platform that includes products and services such as prequalification, subcontractor management, and worker compliance. Their solutions are designed to help clients manage third-party risks, ensure health and safety standards, and promote sustainability, ESG (Environmental, Social, and Governance), and DEI (Diversity, Equity, and Inclusion) initiatives. The company serves a wide range of major industries globally, including construction, energy, facilities management, high technology, manufacturing, mining, and telecommunications.
In April 2024, Avetta was acquired by EQT Private Equity from Welsh, Carson, Anderson & Stowe (WCAS) in a deal reportedly valued at approximately $3 billion. Arshad Matin serves as the Chief Executive Officer. Avetta continues to enhance its offerings, including expanding its AI capabilities with tools like the "Ask Ava" generative AI risk assistant, aimed at improving workplace safety and compliance. The company is recognized as a leader in supply chain risk management, connecting over 130,000 businesses in more than 120 countries.
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