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
This is an established law firm based in the Northwest of England seeking a buyer for 100% of the shares of the business. The vendor specialises in civil litigation and has an excellent reputation in their field of law.
Exceptional opportunity to acquire a well-established and highly reputable Mechanical, Electrical, and Public Health (MEP) design consultancy, serving prestigious blue-chip clients Nationwide. Renowned for its solid reputation and underpinned by repe...
Fantastic opportunity to acquire a progressive, virtual finance solutions business offering a variety of accountancy and financial advisory services to a diverse customer base with long standing relationships.
03
|
Apr
|
Whitworths Food Group buys oils group KTC Edibles | BUSINESS SALE
Northamptonshire-based Whitworths Food Group is buying KTC E...
02
|
Apr
|
NVM exits travel tech firm Intuitive with Banyan Software deal | BUSINESS SALE
Banyan Software has bought a technology provider of end-to-e...
02
|
Apr
|
CheckFire Group buys long-standing partner PJ Fire | BUSINESS SALE
CheckFire Group, the South Wales-based fire safety equipment...
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.