Announced
Completed
Financials
Tags
Risk and Compliance
Private Equity
United Kingdom
Single Bidder
Friendly
compliance solutions
Majority
Private
Domestic
Acquisition
Completed
Synopsis
Apax Partners, a British private equity firm, completed the acquisition of a majority stake in Alcumus, a provider of technology-led risk management and compliance solutions, from Inflexion, a private equity firm. Financial terms were not disclosed. "I’m so proud of what we have been able to achieve already to-date and am confident we have the right strategic partner in Apax to support our next phase of growth. The solutions Alcumus provide are trusted around the world, from our expanding member base of SME’s through to some of the most prominent, international enterprise brands. Now Apax will help us unlock even more value from our chosen markets," Alyn Franklin, Alcumus CEO.
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