Goldman Sachs Alternatives-backed LRQA has acquired Omega Compliance, a specialist in social compliance, auditing, and supply chain integrity. The acquisition enhances LRQA’s capabilities in responsible sourcing, traceability, and transparency. Omega brings expertise across sourcing hubs in China, South Asia, Southeast Asia, and Turkey, serving clients in retail and apparel.
It is certified by US Customs and Border Protection for CT PAT validations and is a member of the Association of Professional Social Compliance Auditors. Omega has been part of the Connor Group, a global merchandise sourcing organization founded in 1949. LRQA will integrate Omega’s services with its Ei Q supply chain intelligence software and advisory, cybersecurity, and AI-enabled capabilities.
Hillhouse has agreed to make a minority investment in the business. KPMG and DLA advised LRQA on the transaction.
Source: PE Hub · Summarized by HeadlinesBriefing