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Eversheds Sutherland advises Inflexion on sale of Alcumus to Apax

  • United Kingdom
  • Global


    Eversheds Sutherland has advised Inflexion on its sale of Alcumus (‘the Company’), a global leader in technology-led risk management and compliance solutions, to funds advised by Apax Partners LLP (Apax).

    Alcumus helps organisations of all sizes anticipate, manage, and avoid risks, thereby improving outcomes for employees and company operations.

    The transaction values the Company at over £600m, generates a return of 5.9x and represents the largest ever cash return for Inflexion following a six-year partnership which saw significant M&A and international expansion.

    The Eversheds Sutherland team was led by Partner and Co-Head of the Global Corporate and M&A team Richard Moulton, who was supported by: Partners Peter Harper (competition), Colin Askew (tax), Danny Blum (employee incentives) and Chris Hastings (banking), Legal Directors Nicola Holmes (competition) and Victoria Green (employee incentives), Principal Associates Russell Naglis, Lee Harris, and Mike Birkett (corporate), Senior Associate Lisa Boyle (banking), and Associates Beckie Wrend, Lowri Roberts, Megan Irons (all corporate), and Erasmia Petousi (competition).

    Richard Moulton, Eversheds Sutherland, said:

    “We’ve had the pleasure of working extensively with both Inflexion and Alcumus since Inflexion’s investment in Alcumus, and we’re thrilled to have once again successfully delivered another significant transaction for the parties concerned. This was down to a true team effort, which ensured an efficient execution and eventual completion.”

    Mark Williams, Inflexion said:

    “Eversheds Sutherland consistently provide us with a level of service excellence and legal technical capability that has been second to none. The support from Richard and the team over the course of our investment to this successful exit has been outstanding. We’re delighted.”

    Inflexion backed Alcumus in late 2015 and within nine weeks completed the £47 million transformational acquisition of Santia, which significantly broadened Alcumus’ footprint in the accreditation sector.

    The Company’s management team will remain significant shareholders in the business following the transaction.

    This information is for guidance purposes only and should not be regarded as a substitute for taking legal advice. Please refer to the full terms and conditions on our website.

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