Fri, 27 Oct 2023 | BUSINESS SALE
Alcumus, a private equity-backed Cardiff-based workplace safety and compliance services firm, has acquired a London-based business. Alcumus was backed by Apax Partners in 2022, with the private equity firm acquiring Inflexion’s stake and Inflexion subsequently reinvesting in a minority stake in the business.
Alcumus is now under the ownership of Apax and has around 750 employees. In January, the firm’s software division merged with Norwegian company EcoOnline, creating a new international environmental, health and safety (EHS) business technology group.
The company has now acquired Planet Mark, a London-based sustainability certification and Net Zero firm, in a deal that Alcumus says further propels its growth strategy and will deliver improved value to its UK customer base.
The deal will enable Planet Mark to utilise Alcumus’ experience, resources and technology to expand its offering. The partnership will aim to help organisations, particularly small and medium-sized enterprises (SMEs) to sustainably manage risks.
Alcumus Chief Executive Alyn Franklin commented: "Alcumus is committed to measuring what matters, inspiring change, and making the world a safer and more sustainable place for all. The acquisition of Planet Mark is the latest part of our journey. This acquisition not only propels our growth ambitions but also adds tremendous value to our UK customer base”.
Planet Mark Chief Executive and founder Steve Malkin said that the company and Alcumus had a “shared vision” and added: "With their international presence and established history of helping businesses cut carbon, reach net zero and provide positive impacts for society and the environment., the possibilities are endless – we’re expecting big things as we enter our second decade."
Find out the key steps that businesses can take to attract private equity funding for their acquisitive growth strategies
One of the core things that private equity firms now consider when making investments is a company's ESG credentials - Read more about how incorporating ESG into an M&A strategy can help to attract funding and deliver value
Opportunity to purchase a reputable law firm in Scotland, offering a strong client base and extensive expertise in various legal services.
A prestigious law firm with an expert team, offering unparalleled opportunities in mergers and acquisitions, banking, and financial law.
A well-established practice is looking for a buyer who values client relationships and exceptional service delivery. The vendor is looking for a buyer who values personal relationships with clients and is committed to maintaining the exceptional serv...
01
|
May
|
McCann and Partners undergoes an MBO | MBO/MBI
A team of five directors at South Wales engineering and buil...
30
|
Apr
|
Human Magic conjures up Australian acquisition | BUSINESS SALE
Liverpool-based employer brand agency, which is behind creat...
30
|
Apr
|
LRG makes its biggest acquisition ever with Chancellors move | BUSINESS SALE
Property services firm Leaders Romans Group (LRG) has made i...
08
|
Jul
|
Risk management firm completes successful MBO | MBO/MBI
The senior management team of the risk and solutions departm...
Business Sale Report is the complete resource for finding genuine acquisition opportunities.
Join today to receive:
All this and much more, including the latest M&A news and exclusive resources
Please choose your settings for this site below. For more information please read our Cookie Policy
These cookies are necessary for our website to function properly and provide you with access to all features.
These are analytics cookies that help us to improve the way our website works.
These are used to improve the functional performance of the website and make it easier for you to use.