Alcumus
Alcumus is a leading UK provider of technology-enabled compliance, risk management and certification services.
Sector
Business and technology services
Status
Realised
Investment Date
2009 - 2015
Location
UK
Buy & Build
4


Investment background
Sovereign created Alcumus through its investment in Sypol in 2009. In partnership with the management team, we developed a Buy & Build strategy to acquire complementary risk management businesses, extending the Group's service offering and driving substantial growth.
The growth story
Alcumus successfully integrated four bolt-on acquisitions identified by Sovereign:
- Safety Management & Monitoring Services, a health & safety and environmental services provider
- ISOQAR, one of the largest independent UKAS accredited Certification Bodies in the UK
- Drury PSM, a leading health & safety and HR consultancy
- Info Exchange, a compliance Software as a Service (SaaS) provider.
These acquisitions transformed Alcumus's capabilities and market position. The management team successfully integrated the businesses and packaged their combined services, delivering 15 quarters of unbroken organic growth. .
By exit, Alcumus had become the UK's leading provider of technology-enabled compliance, risk management and certification services. The business combined innovative technology with expert advisory services to help clients manage risk exposure, maintain regulatory compliance, and improve business performance. The client base had expanded more than 13-fold from 600 to over 8,000 customers, including 35% of FTSE 100 companies.

Sovereign provided both significant investment and strategic support, enabling the business to successfully integrate and develop its technology-enabled service offering and provide clients with a truly holistic solution. It was a true partnership.
