Inflexion is pleased to announce it has made a minority investment into Alcumus, the UK market leader in risk management solutions. The investment is being made by Inflexion’s dedicated minority investment fund, Partnership Capital II.
Alcumus is the UK market leader in risk management solutions with a growing presence in the large, high growth, North American market. The Cardiff-based business provides a range of health & safety accreditation and software solutions which help to manage risk across enterprise customers’ sites, employee bases and third-party contractors.
Inflexion backed Cardiff-based Alcumus in late 2015 and supported the management team to build a scalable platform providing a unified solution to its customers, improve the value proposition, and strengthen the company’s ESG offering. Within nine weeks of the initial buyout, Alcumus completed the £47 million transformational acquisition of Santia, which significantly broadened Alcumus’ footprint in the accreditation sector. Subsequent strategic acquisitions in Canada, New Zealand and the UK enhanced Alcumus’ offering and international presence further, including establishing a foothold in the key North American market. These acquisitions were complemented by strong organic growth and a focus on enhancing the digital offering, which together transformed the business into a global software-based risk management solutions provider.
Following this successful six-year partnership, Alcumus was sold to funds advised by Apax Partners in February 2022. Given Alcumus’ strong market position, proven management team and international growth opportunity, Inflexion is re-investing in the business.
Commenting on the re-investment, Simon Turner, Managing Partner at Inflexion said, “Our recent investment in Alcumus gives us great conviction in the business’s long-term potential driven by its ambitious management team and growing global demand. We are delighted to continue supporting the business achieve its growth ambitions.”
Alyn Franklin, CEO of Alcumus, commented, “The solutions Alcumus provide are trusted around the world, from our expanding member base of SMEs through to some of the most prominent, international enterprise brands. Our past work with Inflexion was extremely successful and we look forward to continuing to work together to accelerate the growth of Alcumus.”
About Inflexion
Inflexion is a leading mid-market private equity firm which works in partnership with ambitious management teams of high growth, entrepreneurial businesses to accelerate sustainable growth. Inflexion’s flexible approach allows it to back both majority and minority investments, typically investing £10m to £400m of equity in each deal.
With bespoke teams and dedicated capital, Inflexion’s funds invest across a variety of sectors from offices in London, Manchester and Amsterdam. Inflexion helps businesses achieve the next stage of growth through M&A, international expansion, digital enhancement, talent development, commercial strategy, sustainability focus and access to Inflexion’s global network. It also benefits from a local presence in Bangalore, Boston, São Paulo and Shanghai dedicated to portfolio development, enabling investee companies to benefit from privileged access to these fast-growth markets.
Funds advised by Inflexion Private Equity Partners LLP have funds under management of c.£7.1bn.
Read more at www.inflexion.com