Private equity advisory firm Apax Partners has made a new strategic investment in health, safety and ESG risk management provider Alcumus. Funds advised by Apax Partners have taken a controlling stake in the company.
Alcumus uses its expertise and integrated products and services to anticipate, manage, and mitigate risks for organizations seeking to make a safer and more sustainable world. Alcumus has made five strategic acquisitions across three continents, with 750 employees and 45,000 customers. The Sunday Times ranked Alcumus HSBC International Track 200 and a Leader in the Verdantix 2021 EHS Software Green Quadrant.
Apax operates across seven locations worldwide and has raised $60B in aggregate funds in about 50 years. It invests exclusively in technology, services, healthcare, and internet/consumer sectors.
CEO of Alcumus Alyn Franklin said, “Our journey with Inflexion has seen us transform from a consultancy business to a global leader in technology risk management solutions. Apax recognizes the success we have achieved in the last six years and the growth potential ahead. With such respected and high-profile investors, we are excited to continue our ambitious growth journey and global strategic plans with our unique combination of technology and people.”