Amtivo, a London, UK-based B2B provider of certifications and assurance services, received a growth investment from Audax Capital.
The amount of the investment was not disclosed.
The company intends to use the funds to support its ongoing acquisition program under the ownership of .
Founded in 2017, Amtivo provides accredited certification, training and technology-enabled services, specialising in management-system certification. Since Charterhouse Capital Partners’ original investment in Amtivo in 2022, the company has completed nine acquisitions, while delivering strong organic revenue growth and margin expansion.
ASC’s funding, which takes the form of common equity, helps to equip Amtivo for future M&A in pursuit of geographic and potential product line expansion as the company grows its presence in the certification and assurance market.
FinSMEs
05/09/2024