Stockholm, Sweden-based EQT Private Equity acquired AMCS, an Ireland-based supplier of cloud-based and AI-enabled planning, performance, safety and sustainability focused software for waste management, recycling and other resource-intensive industries.
The amount of the deal was not disclosed.
EQT Private Equity will invest from EQT X, its flagship private equity fund, and EQT Future, its impact-driven, longer-hold fund, and leverage its capabilities in software and impact value creation to support AMCS.
Founded in 2003 and led by CEO Jimmy Martin, AMCS is a supplier of cloud-based and AI-enabled planning, performance, safety and sustainability focused software for waste management, recycling and other resource-intensive industries. Its SaaS platform, including Enterprise Resource Planning, recycling, transport, and EHSQ & ESG software, enables organisations to achieve sustainability goals, streamline processes, and enhance efficiency while addressing the complexities of the circular economy and ensuring workplace safety, community well-being, and regulatory compliance.
With over 1,300 employees across Europe, North America and Australasia, AMCS serves over 3,800 customers, across 80 countries, and helps manage more than 700,000 vehicles globally.
FinSMEs
19/08/2024