EQT Private Equity Acquires Majority Stake in AMCS

AMCS Acquires Quentic

May 12, 2022

Software

AMCS, a Limerick-based provider of cloud software and vehicle technology for environmental and recycling industries, has acquired Berlin-based Quentic, a SaaS provider of EHSQ and ESG management software. The deal closed after German regulatory approval in June/July 2022 and was completed alongside a new equity investment in AMCS from Clearlake Capital and co-investments from Insight Partners, Ireland Strategic Investment Fund and Highland Europe.

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.

AMCS Acquires Mandalay Technologies to Deepen Australian Presence

April 30, 2025

Software

AMCS has acquired Mandalay Technologies, an Australian provider of cloud-based weighbridge and data management software for the waste and resource recovery industry, to strengthen its footprint and local capabilities in Australia. The deal expands AMCS’s local team and product offering, enabling enhanced operational visibility, AI-driven analytics and faster support for municipal, commercial and residential waste customers; AMCS is PE-backed by EQT Private Equity.

AMCS Acquires Selected Interventions

May 1, 2025

Cloud & SaaS

AMCS has acquired Selected Interventions, a UK-based SaaS provider of the ECHO service management framework for municipal, commercial and residential waste services. The acquisition (an add-on to AMCS's PE-backed platform) expands AMCS's Performance Sustainability suite, strengthening municipal resource management, field service and customer engagement capabilities and broadening its global footprint.

EQT Acquires Majority Stake in Acronis

August 7, 2024

Cybersecurity

EQT X (part of EQT) will acquire a majority stake in Acronis, the cyber protection and data‑security software platform used by Managed Service Providers and corporate IT departments. Founders, management and existing investors including funds/accounts managed by CVC, Springcoast and BlackRock Private Equity Partners will remain significant minority shareholders; the deal values Acronis above its 2022 growth round and is expected to close in Q1–Q2 2025 pending regulatory approvals.