Business Wire

AMCS Secures Significant Investment from Insight Venture Partners and Ireland Strategic Investment Fund

Del

AMCS, the world’s leading supplier of integrated software and vehicle technology for the resource management, waste collection and recycling industry, today announced the completion of a significant investment from Insight Venture Partners and Ireland Strategic Investment Fund (ISIF).

The investment will be used for continued product innovation in AMCS’ suite of SaaS products and related technologies, to further accelerate the Company’s growth in North America, Europe and Australasia, and to expand AMCS’ SaaS Platform into adjacent vertical markets.

“Today’s announcement represents a major milestone for AMCS,” said Jimmy Martin, CEO and founder of AMCS. “In addition to providing capital that will enable us to continue to grow and innovate for our customers, this further investment by two of our long-term strategic partners demonstrates their confidence in our business, strategy and team. This confidence is reflected in our plans to further roll out the most comprehensive cloud-based SaaS platform for the resource management, waste collection and recycling markets.”

Under the terms of the funding, Euan Menzies, Senior Advisor at Insight Venture Partners, Henry Frankievich, Vice President at Insight Venture Partners, and Robert Schnittger, Investment Director at ISIF will serve on the AMCS Board as non-executive directors.

“Since our initial investment in 2015, Insight Venture Partners has taken pride in the growth and success of the AMCS team,” said Euan Menzies, Senior Advisor at Insight who will assume the role of Board Chairman. “As the clear leader in technology solutions for the recycling and waste management communities, AMCS has continued to establish their stake in the ground across geographies. We look forward to their continued international growth.”

The investment comes as AMCS closed out a record 2017. AMCS experienced more than 50% growth in the adoption of its SaaS solutions by the world’s most successful operators in waste collection and recycling, and announced the completion of its acquisition of Brady Recycling Solutions. To accommodate AMCS’s rapid growth, the Company will be opening a new global headquarters at City East Plaza, Limerick, Ireland in late summer 2018. The additional office space will support the Company’s continued expansion as it creates 100 new jobs in Product Development, Sales, and Global Customer Support over the next 3 years.

Fergal McAleavey, Head of Private Equity of ISIF said: “We’re delighted to invest in AMCS again and support their continued development as a global software business. This new investment will help to create and sustain up to 100 jobs and deliver a new global headquarters in Ireland’s mid-west. It is an excellent example of a high-quality investment that fits ISIF’s “double bottom line” mandate of generating a commercial return and supporting economic activity and employment in Ireland.”

ENDS

About AMCS

With offices in North America, Europe and Australia, AMCS is the leading supplier of integrated software and vehicle technology for the waste, recycling and material resources industries. We help over 1500 customers to reduce their operating costs, increase asset utilisation, optimise margins and improve customer service. AMCS’ Platform is a suite of best-in-class SaaS solutions that includes industry-specific Enterprise Management Software, Intelligent Optimisation, Mobile Workforce, Vehicle Technology, Digital Engagement and Analytics solutions, which delivers digital innovation to the emerging circular economy around the world. For more information please visit -  www.amcsgroup.com

About Insight Venture Partners

Insight Venture Partners is a leading global venture capital and private equity firm investing in high-growth software companies that are driving transformative change in their industries. Founded in 1995, Insight has raised more than $18 billion and invested in over 300 companies worldwide. Our mission is to find, fund and work successfully with visionary executives, providing them with practical, hands-on growth expertise to foster long-term success. Across our people and our portfolio, we encourage a culture around a core belief: growth equals opportunity. For more information on Insight and all its investments, visit www.insightpartners.com or follow us on Twitter @insightpartners.

About ISIF

The Ireland Strategic Investment Fund (ISIF), managed and controlled by the National Treasury Management Agency (NTMA), is an €8.7 billion sovereign development fund with a unique mandate to invest on a commercial basis in a manner designed to support economic activity and employment in Ireland.

ISIF differs from other pools of capital as it has a long investment time horizon and can act as a permanent or patient source of long-term capital. ISIF funding provides flexibility throughout the capital structure to meet changing capital needs in the marketplace. For more information, please visit http://isif.ie.

Contact information

AMCS
Media Contact
Austen Lees
office:+44(0)1923608360
mobile:+44(0)7773813210
austen@siriuscomms.co.uk

Om Business Wire

Business Wire
Business Wire
24 Martin Lane
EC4R 0DR London

+44 20 7626 1982http://www.businesswire.co.uk

(c) 2018 Business Wire, Inc., All rights reserved.

Business Wire, a Berkshire Hathaway company, is the global leader in multiplatform press release distribution.

Følg saker fra Business Wire

Registrer deg med din epostadresse under for å få de nyeste sakene fra Business Wire på epost fortløpende. Du kan melde deg av når som helst.

Siste saker fra Business Wire

Fieldstone Consolidates Global Structure21.11.2018 06:50Pressemelding

Fieldstone, a leading independent investment bank and financial services provider in the energy and infrastructure sector, has brought together its services and offerings under unified ownership and management on a global basis. Jason Harlan, Fieldstone’s CEO, commented, “We have been working on this consolidation project for some time, and it is pleasing that we have now reached the point where we have taken full control of Fieldstone. This has resulted in the small New York team and its Malaysian subsidiary, being required to change the name and license of their operations, with immediate effect.” With this transition, Fieldstone will be able to even better provide a truly seamless global offering, which it has been doing successfully for nearly 28 years. As part of this process, Fieldstone launched a permanent Washington DC office and subsidiary (Fieldstone Development Corporation or Fieldstone DC) earlier this year to serve both North American clients and to assist multi-lateral an

Prominent Coalition of World Class International and Danish Law Firms and ISAF Management Company Proceed with Investor Lawsuit against Danske Bank20.11.2018 23:00Pressemelding

International Securities Associations and Foundations Management Company (“ISAF”) announces the formation of an international coalition of leading American, German and Dutch law firms and the appointment of the preeminent Danish law firm, Németh Sigetty, to proceed with a lawsuit against Danske Bank A/S (“Danske” or the “Bank”) to pursue compensation for damaged investors after revelations of money laundering, financial mismanagement and deficient regulatory disclosures. The lawsuit will be filed in Copenhagen, Denmark on behalf of investors who suffered investment losses in Danske’s share price after various disclosures related to an estimated EUR €200 billion money transfer scheme involving non-resident Eastern European and Russian customers in the Bank’s Estonian Branch. Information about critical lapses in Danske’s ‘know your customer’ and anti-money laundering internal enforcement policies, and its failure to act upon both internal and external warnings of non-compliance, caused a

Saif bin Zayed Witnesses Endorsement of Abu Dhabi Declaration by Religious Leaders at Wahat Al Karama20.11.2018 22:28Pressemelding

Under the patronage of His Highness Sheikh Mohammed bin Zayed Al Nahyan, Crown Prince of Abu Dhabi and Deputy Supreme Commander of the UAE Armed Forces, Lt. General HH Sheikh Saif bin Zayed Al Nahyan, Deputy Prime Minister and Minister of Interior, attended the endorsement of the “Abu Dhabi Declaration.” The declaration, issued by the Interfaith Alliance for Safer Communities: Child Dignity in the Digital World Forum was endorsed and approved by religious and spiritual leaders participating in the two-day assembly, which took place in Abu Dhabi on November 19-20, who pledged to act upon the declaration’s articles and achieve the objectives and obligations outlined by the leaders of the seven major world religions participating in the forum. This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20181120005775/en/ Saif bin Zayed, Khalifa bin Tahnoun, alongside religious and spiritual leaders in front of a memorial to express commitment

Guy Carpenter Names Ross Howard Vice Chairman20.11.2018 17:46Pressemelding

Guy Carpenter & Company, LLC, a leading global risk and reinsurance specialist and a wholly owned subsidiary of Marsh & McLennan Companies (NYSE: MMC), today announced a new leadership appointment from the Jardine Lloyd Thompson Group plc (JLT) reinsurance organization. Effective upon closing of the transaction between Guy Carpenter’s parent company, Marsh & McLennan Companies and JLT, which remains subject to the receipt of certain antitrust and financial regulatory approvals, Ross Howard, Chairman of JLT Re, will become Vice Chairman of Guy Carpenter, reporting to President & CEO Peter Hearn. Mr. Howard will also become a member of Guy Carpenter’s Executive Committee and will be responsible for developing new business opportunities and assisting with client relationships in order to continue the growth of the combined global reinsurance business. Additionally, Mr. Howard will also play a key role in executing the integration of JLT Re with Guy Carpenter. “We are very excited to take

IDEMIA Will Present Its 2018 Quarterly Financial Results to Investors on November 21, 201820.11.2018 17:31Pressemelding

IDEMIA, the world leader in Augmented Identity, today announced that it will present its Q3 2018 financial results to investors on Wednesday November 21, 2018. Yann Delabrière (CEO), Frédéric Beylier (COO) and Laurent Lemaire (CFO) will be presenting the financial results and taking questions the same day at 1:00 pm CET (12:00 pm London Time / 7:00 am New York Time). For more information, please refer to our website: http://investors.oberthur.com About IDEMIA OT-Morpho is now IDEMIA, the global leader in Augmented Identity, with the ambition to empower citizens and consumers alike to interact, pay, connect, travel and vote in ways that are now possible in a connected environment. Securing our identity has become mission critical in the world we live in today. By standing for Augmented Identity, we reinvent the way we think, produce, use and protect this asset, whether for individuals or for objects. We ensure privacy and trust as well as guarantee secure, authenticated and verifiable t

OCP Announces Date of Third Quarter 2018 Earnings20.11.2018 17:00Pressemelding

OCP S.A. (“OCP” or the “Company”), a global leader in the fertilizer industry, will release its third quarter 2018 results on Thursday, November 29, 2018. The results will be available to holders of the Company’s bonds, qualified institutional buyers, securities analysts and market makers on the OCP Intralinks portal from 8:30 a.m. EST, 2:30 p.m. Morocco time (GMT+1), and 1:30 p.m. London time (GMT). OCP senior management will host a conference call to discuss third quarter 2018 results at 9:30 a.m. EST, 3:30 p.m. Morocco time (GMT+1), and 2:30 p.m. London time (GMT) on Thursday, November 29, 2018 for holders of the Company’s bonds, qualified institutional buyers, securities analysts and market makers. Eligible parties that have not already registered for access to the Intralinks portal may do so by contacting the Investor Relations Department by emailing g.laraki@ocpgroup.ma About OCP OCP is a global leader in the fertilizer industry, backed by almost a century’s production history. O