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February 2022
UK, > £500m

Liberty advises the management team of Alcumus on its acquisition by Apax Partners from Inflexion

Funds advised by Apax Partners (“Apax”) have agreed to buy Alcumus, a global market leader in technology-led risk management and compliance solutions from Inflexion Private Equity at a transaction value of over £600m.

The Company’s management team will remain significant shareholders in the business following the transaction. The transaction is subject to customary closing conditions and is expected to close at the end of Q1 2022.

Cardiff-based Alcumus helps organisations of all sizes anticipate, manage, and avoid risks, thereby improving outcomes for employees and company operations. Alcumus has a unique breadth of technology-enabled services, providing solutions to over 42,000 contractor and supplier customers, and over 3,000 enterprises. These services are critical in improving worker protection and compliance with regulations and international standards. Apax’s expertise across software, services, ESG and digitisation, ideally positions it to partner with Alcumus’s management team in the next stage of the Company’s evolution..

Liberty advised the management team of Alcumus, led by Alyn Franklin, on all aspects of their reinvestment and new equity incentive plan.

Liberty built a very strong understanding of our business and our management team over a number of years. That mutual understanding was critical as we progressed through our exit. I was delighted with the result that we were able to achieve and thoroughly enjoyed the process.

Alyn Franklin
CEO of Alcumus

Mick McDonagh
We have thoroughly enjoyed advising Alyn and his team over recent years and delighted to have helped them agree the terms of this new investment from Apax. The growth achieved by the team during Inflexion’s period of ownership has been outstanding and we wish them every success in driving future growth with the support of Apax.

Michael McDonagh
+44 (0) 7715 705 000