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SAI Global is a multinational business services company based in
Chicago (''City in a Garden''); I Will , image_map = , map_caption = Interactive Map of Chicago , coordinates = , coordinates_footnotes = , subdivision_type = List of sovereign states, Count ...
, Illinois,
United States The United States of America (U.S.A. or USA), commonly known as the United States (U.S. or US) or America, is a country primarily located in North America. It consists of 50 U.S. state, states, a Washington, D.C., federal district, five ma ...
. It offers risk management services, quality assurance audit and certification, auditor training, standards information services, and property services.


History

In 2003 SAI Global was formed when Standards Australia sold off its commercial business. On December 17 that same year, SAI Global was floated on the Australian Stock Exchange with the initial shareholding of 40% retained by parent organization Standards Australia that was then progressively sold down to zero. In 2016,
private equity In the field of finance, the term private equity (PE) refers to investment funds, usually limited partnerships (LP), which buy and restructure financially weak companies that produce goods and provide services. A private-equity fund is both a typ ...
firm Baring Private Equity Asia acquired SAI Global Group. In May 2021, SAI sold its Global Standards and Assurance practice to
Intertek Group Intertek Group plc is a British multinational assurance, inspection, product testing and certification company headquartered in London, England. It is listed on the London Stock Exchange and is a constituent of the FTSE 100 Index. History I ...
for A$855 million.


References

{{Authority control Financial services companies of the United States Companies established in 2003