This minority re-investment from Inflexion represents a return to dealings with Alcumus, following the sale of its controlling stake of Alcumus to Apax Funds in February this year.
This deal is a true testament to Alcumus’ strong performance, organic growth and focus on transforming the business into a global software-based risk management solutions provider.
The investment is being made by Inflexion’s dedicated minority investment fund, Partnership Capital II.
Inflexion backed 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 our footprint in the accreditation sector.
Subsequent strategic acquisitions in Canada, New Zealand and the UK enhanced our offering and international presence further. 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. As a result of Alcumus’ strong market position, proven management team and international growth opportunity, Inflexion is re-investing in the business.
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.”
Commenting on the re-investment, Simon Turner, Managing Partner at Inflexion said:
“Our recent investment in Alcumus gives us great conviction in the ongoing potential for the business which benefits from an ambitious management team and a growing global demand. We are very excited to be part of their growth once more.”