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TMCnet.com News - FirstCarbon Solutions acquires Enverity

February 03,2010

FirstCarbon Solutions, Inc., an environmental management outsourcing company, has acquired Enverity Corporation, an environmental software provider. Both the companies are based in the US.

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In addition, FirstCarbon Solutions has also acquired Global Sourcing Advisory Group, a technology consulting firm.

Deal Type Acquisition Sub-Category Majority Acquisition Deal Status Completed: 2010-02-01 Deal Participants Target (Company) Enverity Corporation Acquirer (Company) FirstCarbon Solutions, Inc.

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Deal Rationale With the acquisition, FirstCarbon Solutions will now offer environmental compliance and environmental management tools, as well as Enverity's ghgTrack (www.ghgtrack.com) software solution, which helps calculate, manage and report greenhouse gas emissions.

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