The Company’s management team will remain significant shareholders in the business following the transaction. The transaction is subject to customary closing conditions and is expected to close at the end of Q1 2022.
Cardiff-based Alcumus helps organisations of all sizes anticipate, manage, and avoid risks, thereby improving outcomes for employees and company operations. Alcumus has a unique breadth of technology-enabled services, providing solutions to over 42,000 contractor and supplier customers, and over 3,000 enterprises. These services are critical in improving worker protection and compliance with regulations and international standards. Apax’s expertise across software, services, ESG and digitisation, ideally positions it to partner with Alcumus’s management team in the next stage of the Company’s evolution..
Liberty advised the management team of Alcumus, led by Alyn Franklin, on all aspects of their reinvestment and new equity incentive plan.