EQT Private Equity’s recent acquisition of a majority stake in AMCS, a global leader in sustainability software for resource-intensive industries, marks a significant step towards driving efficiency and regulatory compliance in the circular economy. With a focus on empowering sustainability and supporting the transition to a more environmentally conscious future, this partnership is poised to accelerate AMCS’s impact on waste management and recycling sectors worldwide.
AMCS, founded in 2003 and headquartered in Ireland, has established itself as a key player in providing cloud-based, AI-enabled software solutions for industries such as waste management, recycling, and manufacturing. With over 3,800 customers globally and a presence in 80 countries, AMCS’s advanced SaaS platform helps organizations streamline operations, meet regulatory requirements, and achieve their sustainability goals. Managing more than 700,000 vehicles globally, AMCS plays a crucial role in driving innovation and efficiency in resource-intensive industries.
The strategic investment by EQT Private Equity through its EQT X and EQT Future funds underscores the firm’s commitment to supporting businesses that are at the forefront of sustainability initiatives. By aligning with AMCS’s vision of championing the circular economy, EQT aims to leverage the company’s market leadership and innovation to drive a greater share of recycling within the waste industry. This investment is not only a testament to AMCS’s potential for growth but also a reflection of EQT’s belief in the long-term impact of sustainability-focused businesses.
With existing investors such as Insight Partners, Clearlake Capital, Highland Europe, and the Ireland Strategic Investment Fund retaining minority stakes in AMCS, the company is well-positioned for continued growth and innovation. Richard Wells, Managing Director at Insight Partners, highlighted the privilege of supporting AMCS’s journey towards becoming a global market leader in driving positive change towards a more circular economy. This collaborative effort between investors and AMCS demonstrates a shared commitment to sustainability and long-term success.
As the transaction is expected to close before Q1 2025, pending customary conditions and approvals, the future looks promising for AMCS under the robust backing of EQT Private Equity. With a focus on driving circular economy innovation and sustainability, AMCS is poised to further solidify its position as a key player in the resource-intensive industries, paving the way for a more sustainable and efficient future.