EQT Acquires Majority Stake in Performance and Sustainability Software Solutions Provider AMCS
Summary
Private equity and venture capital investor EQT Group announced today an agreement to acquire a majority stake in resource-intensive industry-focused performance and sustainability software provider AMCS. AMCS’ platform includes Enterprise Resource Planning, recycling, transport, and EHSQ & ESG software, designed to increase the performance of customers’ operations, and to help meet sustainability reporting and regulatory requirements. “On behalf of AMCS, I’d like to express our deepest gratitude to EQT, for aligning with our vision of empowering sustainability for organizations globally and championing the circular economy. Their backing is instrumental in supporting the transformative work we do.” According to EQT, the acquisition comes as AMCS’ markets are benefiting from secular tailwinds, including a shift to greater circularity in supply chains with resources increasingly recycled, digitization of industrial companies, and cloud software adoption, as well as increasing regulatory and sustainability reporting requirements. The firm launched EQT Future in 2021, to invest in companies with market-shaping impact potential, where sustainable transformation requires a longer ownership horizon.