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WorkCompRecap: Acquisition Action!

October 10, 2022 - WorkCompWire

Today’s issue of WorkCompRecap features some startup news from the injury-reduction and technology world with the announcement from SwiftMotion Inc, which provides ergonomic and safety risk assessment systems that help address workplace injuries and safety incidents, that it has signed a definitive agreement to be acquired by Ninth Street Capital Partners.

SwiftMotion noted that its use of full body motion capture systems along with the ability to capture load and force data using insoles have greatly enabled ergonomics practitioners and safety professionals to identify risks and design effective interventions while reducing injury rates, and its product has been in commercial service for over 3 years. The deal is expected to close this month.

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