Investment in attractive Environment, Health and Safety sector


  • Services
  • Year of investment
  • Fund
    Apax X
  • Status

Alcumus is a global leader in technology-led risk management and compliance solutions, helping organisations of all sizes anticipate, manage, and avoid risks.

Identifying an opportunity to invest in the attractive and fragmented Environment, Health and Safety (“EHS”) services sector, which the Funds have tracked for several years, Apax X acquired Alcumus.

The investment thesis centred on partnering with Alcumus’s management team to support the company in capitalising on long-term secular growth and consolidation in the market.


Our performance


AGA invested

Investment Thesis

Drive organic growth

Opportunity to execute upon multiple value creation levers to drive organic growth.

Utilise digitisation and data

Scope to partner with Apax’s Operational Excellence Practice to drive improvements across the business, particularly in utilising
digitisation and data to create a more holistic and insightful service for customers.

Focus on improvement levers

Focus on additional tactical improvement levers, including enhanced digital marketing, product expansion, and go-to-market execution.

Establish growth strategy

Establish a value-accretive M&A growth strategy.