VELA ACQUIRES ISYSTAIN HSE SUSTAINABILITY REPORTING PLATFORM

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Brisbane, AU – March 2, 2022 – Vela is pleased to announce the recent acquisition of iSystain, a world class HSE management, sustainability and social impact reporting solution. Since its foundation in 2004, iSystain has worked with a number of organisations across multiple industrial sectors from SME’s to multinational corporations.

This is an exciting time for us as we welcome Jenni, Don and the whole iSystain team into the Vela group. The iSystain platform further enhances our capability to support customers to achieve their ESG and sustainability objectives” Chris Parry, VP ESG. “Their former careers and decades of working with HSE, sustainability reporting and technology are reflected in the iSystain platform. Both Jenni and Don share a true passion for business-led sustainable development and we are excited to have them join our team”.

Independently recognised as a technology leader through the platform’s unique design, scalability, and configurability, iSystain empowers organisations to deliver sustainable change while realising environmental, social and financial benefits. “When we launched in 2004, we were one of the first integrated cloud-based HSE management and sustainability reporting solutions in Australia. Since then, we’ve continued to innovate and work closely with our clients to create one of the most comprehensive and integrated HSE, sustainability and social impact management platforms on the market.” Jenni Mulligan Co-founder iSystain. “Joining the Vela Group provides us with both the essential scaffolding and resources for global growth and the autonomy to nurture the heart and soul of our company so highly valued by our clients. We are excited to be joining the Vela Group as we enter the next phase of our business”.

As a business unit within Vela, iSystain will continue to be led by Jenni Mulligan as Managing Director. Customers will continue to receive the same attention and focus that the iSystain team is known for. Vela Software will provide support for ongoing product development and international expansion as part of its ESG division. iSystain expands and complements Vela’s existing solutions such as Qmed and Zyght, which support organisations to manage a variety of HSE functions including environmental and waste management, supplier accreditation, incident and risk management, safe work permits, medical record management, COVID-19 screening, tracing and vaccinations and much more.

About iSystain

iSystain is a cloud-based platform uniquely designed to support Health, Safety & Environment, Sustainability Reporting, Compliance & Governance and Social Investment reporting. iSystain is designed for seamless integration within organisations existing software ecosystems providing powerful analytics and reporting capabilities to streamline the production of sustainability and performance reporting.

Our mission is to make great software that delivers a material improvement in the world through understanding and supporting our client’s needs and innovating to solve tomorrow’s challenges.

About Vela

Vela is a global provider of software solutions to several vertical industries. As an Operating Group of Constellation Software, Vela acquires, manages, and builds specific software businesses which provide specialized, mission-critical software solutions. Vela companies invest in becoming leaders in their industries and to better serve their customers. We help companies improve their operations, grow through organic initiatives, and seek acquisitions that can strengthen their market position.

Contact:

Esa Immonen, VP – Customer Experience

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