3 September 2024 – Amtivo Group (“Amtivo” or “the Group”) is pleased to announce that it has secured a new growth investment from Audax Strategic Capital (“Audax”) to support its continued expansion under the ownership of Charterhouse Capital Partners (“Charterhouse”). Financial terms of the investment are not being disclosed.

Founded in 2017, Amtivo has built a broad group of accredited certification, training and technology-enabled services, helping more clients build high-performing, sustainable organisations that deliver for their customers, employees, investors and the societies in which they operate. Since 2022, the Group has completed nine acquisitions, developing its product offering and enhancing its service to clients internationally.

With further investment from Audax Strategic Capital, Amtivo will continue to pursue its strategic expansion, including acquisitions that strengthen the Group’s complementary portfolio of brands and grow its products and services.
Commenting on the announcement, Amtivo Group CEO Mike Tims said, “We are delighted to announce a new growth investment from Audax Strategic Capital to support Amtivo’s expansion. With the support of Audax and Charterhouse, the Group will continue to deliver its ambitious growth strategy increasing the range of accredited certification, training and technology-enabled services that Amtivo provides internationally.”

“We’re excited to back Amtivo as they look to build on the considerable momentum they’ve achieved under Charterhouse’s ownership,” added Daniel Green, Managing Director at Audax Strategic Capital. “We believe Amtivo is well positioned to capitalise on the compelling tailwinds in the certification and assurance market. The experience of the Audax Private Equity platform and the flexibility of the ASC offering has allowed us to move quickly to support Amtivo’s future growth.”

“This is a typical mid-hold investment for our ASC strategy,” added David Wong, Partner at Audax Private Equity. “We’re backing a proven sponsor in the middle market that will utilise incremental capital provided by ASC in an effort to execute on an attractive and actionable pipeline of M&A opportunities. This represents ASC’s second deal in Europe and fifth investment over the past 12 months.”

“We’re excited to partner with Audax on this investment,” noted Stephan Morgan, Partner at Charterhouse. “With the resources and collaboration of the investor group, we believe the pieces are in place for Amtivo’s next phase of accelerated growth.”
ENDS