Funds advised by Apax Partners are to acquire a controlling stake in Alcumus, a specialist in technology-led risk management and compliance solutions, from Inflexion.
Funds advised by Apax Partners are to acquire a controlling stake in Alcumus, a specialist in technology-led risk management and compliance solutions, from Inflexion.
The Company’s management team will remain significant shareholders in the business following the transaction.
Financial terms of the transaction, which is subject to customary closing conditions and is expected to close end of Q1 2022, have not been disclosed.