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Announced

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EQT-backed AMCS completed the acquisition of Mandalay Technologies.

Synopsis

EQT-backed AMCS, a performance sustainability software company, completed the acquisition of Mandalay Technologies, an Australia provider of modular cloud-based weighbridge and data management solutions for the waste and resource recovery industry. Financial terms were not disclosed. "Together, Mandalay and AMCS can provide our customers in Australia with enhanced operational visibility, optimized workflows, and leverage AI-driven analytics to improve efficiency, material quality, and sustainability outcomes. This acquisition also expands our local team in Australia, enabling us to deliver faster, more tailored support to customers and help them operate smarter, greener, and more profitably," Jimmy Martin, AMCS Co-Founder and CEO.

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