AMCS Acquires Quentic

EQT Private Equity Acquires Majority Stake in AMCS

August 14, 2024

Cloud & SaaS

EQT Private Equity (investing from EQT X and EQT Future) will acquire a majority stake in AMCS, a Ireland-headquartered provider of cloud-based, AI-enabled planning, performance, safety and sustainability software for waste management, recycling and other resource-intensive industries. Existing investors including Insight Partners, Clearlake Capital, Highland Europe and the Ireland Strategic Investment Fund are expected to retain minority stakes; the deal is subject to customary conditions and is expected to close before Q1 2025.

AMCS Acquires Qv21 Technologies

September 4, 2024

Transportation

AMCS, the Ireland‑headquartered provider of sustainability and operations software for resource‑intensive industries, has acquired Qv21 Technologies, an Austin‑based fleet management and logistics SaaS provider for short‑haul and bulk commodity transportation, for an undisclosed amount. The deal expands AMCS’s transportation management capabilities and North American footprint, enabling enhanced logistics, workflow automation and sustainability outcomes for customers in waste, recycling and bulk materials transport.

AMCS Acquires Utility Cloud

September 13, 2022

Cloud & SaaS

AMCS, the Limerick-based provider of software and vehicle technology for environmental and resource industries, has acquired Utility Cloud, a U.S.-based utility operations management SaaS platform. The purchase expands AMCS’ digital solutions for utilities and energy customers by adding Utility Cloud’s cloud-based operations management and compliance capabilities to AMCS’ portfolio.

Hexagon AB Acquires ETQ

February 25, 2022

Cloud & SaaS

Hexagon AB acquired ETQ, a Massachusetts-based provider of SaaS quality (QMS), EHS and compliance management software, for $1.2 billion in cash on a debt- and cash-free basis. ETQ—headquartered in Burlington, Massachusetts with ~185 employees and expected 2022 revenue of ~$75M—will join Hexagon’s Manufacturing Intelligence division to accelerate Hexagon’s cloud journey and expand its quality-management capabilities across manufacturing and regulated industries.

TRC Companies Acquires Quatric

June 16, 2021

Energy

TRC Companies has acquired Quatric, a Montreal and Quincy-based engineering and technology firm focused on electric and gas utilities. The acquisition expands TRC's digital capabilities for utilities, adding Quatric's expertise in SCADA, ADMS, EMS, systems integration and distribution network planning to TRC Digital's offerings across North America.

Claranet Acquires Mandic Cloud Solutions

April 19, 2021

Cloud & SaaS

Claranet, the UK-based cloud and cybersecurity services provider, has acquired Brazilian cloud specialist Mandic (Mandic Cloud Solutions) in a transaction that marks a near-complete exit for investors Riverwood Capital and Oria (with Riverwood retaining under 5%). The deal — value not disclosed — brings Mandic's customers and capabilities into Claranet's Brazil operation (which will have ~R$250 million in revenue and ~450 employees post-deal); Mandic founder Aleksander Mandic sold his remaining stake and CEO Maurício Cascão stays on.