Law firm Eversheds has advised Inflexion on a £92m buyout of Alcumus Group Ltd (Alcumus), a market-leading provider of technology-enabled compliance risk management and certification services, from Sovereign Capital.

Alcumus serves over 8,000 clients, including 35% of the FTSE 100, providing outsourced risk management services which are critical to compliance with UK regulations and internationally recognised standards. Formed through the integration of five companies, its high growth business holds a prominent share of the fragmented UK market, valued at around £500m and forecast to grow by up to 10% per annum.

The Eversheds team was led by corporate partner Richard Moulton, with support from principal associates Richard Kyle and Emma Tierney, as well as corporate associates Lee Harris and Jack Wolton.

Richard commented:

“We have had a close relationship with Inflexion for many years and are delighted to have assisted in this latest acquisition. We look forward to advising Inflexion as they continue to make strategic acquisitions.”

Richard Swann, Partner at Inflexion, said:

“We thank the team at Eversheds for their hard work and guidance throughout the transaction, their team really helped make this transaction a smooth one for all concerned. The UK compliance and certification market is growing strongly and with Alcumus’ proven track record of diversifying its suite of services to offer the most value to its clients, it is well-placed to grow market share under our ownership.”