September 2, 2021

INX Software Announces Acquisition of Contractor Management Company

INX Software, the workforce management software-as-a-solution provider in the environment, health, safety, and risk management sectors, is driving for growth in its quest to better support its customers in the creation of safer, smarter, and sustainable workplaces.

INX Software today announced it had reached an agreement to purchase Adelaide-based Sitepass from global digital learning solutions leader Kineo.

Created in 2013, Sitepass is an online platform that helps organisations prequalify, onboard, verify and monitor their entire workforce from contractors, employees, volunteers, and visitors. The new version 3 Sitepass software offering includes material enhancements from its prior masthead version 2 offering including delivery of information via embedded PDFs, outsourcing of workflow verification processes as well as worker and team member onboarding.

Andy Moss, Kineo’s Managing Director, said: “With the sale of Sitepass to INX Software, we know the business is in good hands – and we wish our colleagues every future success. This sale is part of a clear strategy, enabling Kineo to focus entirely on our award-winning digital learning solutions, working with outstanding organisations around the world to achieve quantifiably better results for them and their learners.”

INX’s cloud-based software and mobile-capable solutions are standard across high-risk and complex operations including mining, utilities, oil & gas, and government sectors, with over 230 enterprise clients and 1 million licensed users to date, before the Sitepass acquisition. The addition of Sitepass to INX’s broad platform of products will ensure that the Company continues to innovate for the benefit of its global client base.

“INX is excited to acquire Sitepass and work with Ben Borin, co-founder of Sitepass, and his team to grow and expand the business. Combining the workforce logistics and management software experience of both companies will allow us to deliver great outcomes for all of our key stakeholders” said Thomas Spencer, INX Software’s Acting CEO.

“We will be able to deliver a more complete product experience particularly in our logistics product vertical. We have been extremely impressed with the Sitepass and Kineo management teams and the established Sitepass business that has been built. For INX, this acquisition will continue the growth and scale-up of our software solutions offering as well as adding significant talent to the team” said Spencer.

Leading diversified alternative asset firm Tanarra Capital is a major shareholder in INX Software and is actively supporting the business with its aspirations to be the ‘go-to’ workforce software solutions provider globally. Since its initial investment in 2019, Tanarra has worked closely with the INX team to acquire complementary software offerings via two acquisitions including Vix Resources and the Sitepass businesses.

Verdantix, an independent EHS and ESG research advisory firm, estimates that the safety management software market will reach $1.7 billion by 2026 given stakeholder expectations and the impact of environmental, social, and governance (ESG) factors. With a global team of industry experts, INX enables health, safety, and environmental professionals to manage risk, achieve compliance and enhance operational efficiencies across workforce mobilisation and travel logistics, workplace health and safety, environmental and statutory compliance, training, and competency management.

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