ALCUMUS acquired by APAX PARTNERS
Context
The acquisition of Alcumus by Apax Partners signifies a pivotal expansion in the group’s technology and services portfolio. The strategic logic of this transaction hinges on a "digitalization-ESG" maneuver, merging the target’s industry-leading technical operational depth in risk management with the acquirer’s global scale and software expertise. This alignment equips the combined organization with the scientific talent and technological hardware necessary to address the increasing complexity of global ESG regulations and worker protection standards. This maneuver allows the organization to execute a definitive structural expansion of its technical suite, particularly in the high-stakes EHS software market. By incorporating the sponsor's strategic discipline and network, the group is now positioned to leverage its recognized leadership in contractor management to drive deeper market penetration across North American and European enterprise sectors.
ALCUMUS, which reported an EBITDA margin of in 2021, is valued in this transaction at an EV/EBITDA multiple of , a level as high as the average currently observed in the TMT (Tech, Media, Telecom) sector (13.7x).
-> Deep-dive in TMT (Tech, Media, Telecom) market trends
Target
Alcumus is an EHS & Compliance Software company based in the United Kingdom, specializing in the delivery of technology-enabled risk management and worker protection solutions. The organization operates a sophisticated SaaS-led business model designed to help enterprises and contractors anticipate, manage, and mitigate operational risks. Its value proposition centers on ensuring regulatory compliance and international standards through a centralized digital ecosystem that streamlines safety workflows and supplier verification. The entity’s strategy focuses on empowering organizations to create safer and more sustainable workplaces by providing deep technical visibility into their supply chains and internal operations.
Ent. Value
Equity Value
Multiples
EV / Revenue
EV / EBITDA
EV / EBIT
Historical Financials (GBP)
Similar deals in Software
| Date | Acquirer | Target | Country | Sector |
|---|---|---|---|---|
| 04/2022 | SOGELINK | LOCATIQS | NETHERLANDS | Engineering & Design Software |
| 04/2022 | SOGELINK | FOCUS SOFTWARE | NORWAY | Engineering & Design Software |
| 03/2022 | BPIFRANCE / EURAZEO | DOCTOLIB | FRANCE | Healthcare |
| 03/2022 | ALBAREST / BPIFRANCE | MASA GROUP | FRANCE | Defense & Aerospace |
| 02/2022 | CLEARLAKE CAPITAL | QUEST SOFTWARE | UNITED STATES | Data, Analytics & AI |
| 02/2022 | IK PARTNERS | SOFIA DEVELOPPEMENT | FRANCE | Healthcare |
| 01/2022 | PSG EQUITY | SELLSY | FRANCE | CRM & Sales |
| 12/2021 | STEM | ALSOENERGY | UNITED STATES | Data, Analytics & AI |
| 11/2021 | ADVENT INTERNATIONAL / PERMIRA / CROSSPOINT CAPITAL PARTNERS | MCAFEE | UNITED STATES | Software |
| 10/2021 | PERMIRA | MOTUS | UNITED STATES | ERP, HR & Finance |
REFERENCES
Valuation range: EV 500M - 1.5b GBP
EBITDA range: 10M - 30M GBP
Note: This page provides detailed data on a private equity M&A transaction. Detailed and exact financial metrics for the acquisition of ALCUMUS by APAX PARTNERS are reserved for mynth community members. Register for free to unlock full data.
Authors: This transaction was contributed by a verified mynth contributor and cross-checked against available transaction documents and official company communications.
Press release: view release
Target: alcumus
Acquirer: apax partners