UK-based health, Safety and ESG risk management provider Alcumus announced today the acquisition of sustainability certification provider Planet Mark.
Founded in 2013, London, England-based Planet Mark provides sustainability certification for businesses demonstrating commitment to measuring and reducing carbon emissions, and for the built environment, including development certification based on lifecycle building carbon emissions, fit and retrofit certification and property certification, in addition to carbon neutral and social value certification. The company also provides services including a net zero programme for companies, Scope 3 footprint calculation, supply chain engagement, and science-based target setting, among others.
According to the companies, the acquisition will enable Planet Mark to significantly expand its offering, with expectations for the integration to reveal complementary offerings for clients.
Steve Malkin, CEO and Founder of Planet Mark, said:
“As we reach our 10-year milestone, it gives the team and me great confidence knowing we’re joining forces with such a dynamic company as Alcumus. We have a shared vision to create a better future and drive impactful change. With their international presence and established history of helping businesses cut carbon, reach net zero and provide positive impacts for society and the environment., the possibilities are endless – we’re expecting big things as we enter our second decade.”
Founded in 1979, Alcumus helps organizations improve safety and sustainability through expertise and integrated products and services that anticipate, manage, and mitigate risks. The transaction follows the acquisition last year by global private equity advisory firm Apax Partners of a controlling stake in Alcumus. Alcumus said that Planet Mark will become an integral part of its portfolio.
Alyn Franklin, CEO at Alcumus, said:
“Alcumus is committed to measuring what matters, inspiring change, and making the world a safer and more sustainable place for all. The acquisition of Planet Mark is the latest part of our journey. This acquisition not only propels our growth ambitions but also adds tremendous value to our UK customer base, and represents a monumental stride towards a brighter and prosperous future.”