Alcumus is a global market leader in technology-led risk management and compliance solutions. Inflexion backed the buyout of Alcumus in 2015 and subsequent transformational acquisition of Santia in 2015, before selling its investment for over £600m to Apax Partners LLP in 2022.

  • Sector

    Business services

  • Headquarters

    Cardiff, UK

  • Fund


  • Investment date

    October 2015 - February 2022

  • Status



The company

Alcumus is a global market leader in technology-led risk management and compliance solutions that allow seamless interactions between enterprises and their contractors and suppliers. It offers a unique breadth of technology-enabled offerings which are critical to worker protection and compliance with regulations and international standards.

The Inflexion investment

Inflexion backed Alcumus in late 2015 followed by the transformational acquisition of Santia, which significantly broadened Alcumus’s footprint in the accreditation sector. Subsequent strategic acquisitions in Canada, New Zealand and the UK enhanced Alcumus’s offering and international presence further. In 2022 the business was sold to a global private equity firm.

The Inflexion difference

Inflexion’s rich experience with growth through acquisitions and working with management teams to consolidate fragmented markets enabled Alcumus’s successful international expansion. 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. Inflexion 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.

Press releases