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Newcastle training and workforce management firm raises $28m for international expansion

Pegasus, a Newcastle   safety and competency tech company, founded in 1998, has raised  $28m from USA private equity and VC investment firm Accel-KKR.

What does it do

Pegasus provides Competency management, training, and site safety services for over 3 million workers for more than 80,000 companies including Woolworths, BHP, Visy, Lendlease, Aurizon, and Ausgrid.

What the CEO’s vision is 

Pegasus CEO Adam Boyle (pictured) says Accel-KKR’s investment is the beginning of a new chapter for the company, and they are going to use the  funds to expand rapidly in the UK, Europe, and North America.

“Forged in deep industrial expertise, our first software product was created to keep Australian workers safe on site,” says Boyle.

“Two decades later, we’ve reinvented workplace labour and safety management for the modern company and mobile worker.”

“We’re positioned for rapid growth with our sights firmly set on protecting workers no just in Australia, but across the world.”

Posted on January 15, 2020

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