Charterhouse

Charterhouse Capital Partners LLP (“Charterhouse”), one of the longest established private equity firms operating in Europe, today announces that it has entered into an agreement to invest in Amtivo, a leading provider of accredited certification to companies in 27 countries.

Founded in 2017 and headquartered in London, Amtivo provides accredited certification, training and technology-enabled services, specialising in management system certification. Through its services, Amtivo helps to build high-performing, sustainable organisations that deliver for their customers, employees, investors and the communities in which they operate. The company has grown rapidly over recent years, through twelve acquisitions and like-for-like revenue growth of 15% year-on-year.

Charterhouse will work closely with Amtivo’s management team to help the business grow organically and continue its successful journey of acquisition-led growth.

Charterhouse is acquiring Amtivo from August Equity, a private equity firm investing in UK-based companies. As part of the transaction, August Equity will reinvest a part of its proceeds alongside Charterhouse and management, retaining a minority stake in the business.

James Cocker, Partner at Charterhouse, said: “Amtivo is one of the most exciting and distinctive businesses in the certification space, and benefits from an attractive market, highly effective operating model and an exceptional management team. We look forward to working with Mike and the team to support Amtivo’s continued growth during the next several years.”

Mike Tims, CEO of Amtivo, commented: “We have been grateful for August Equity’s expertise during our partnership and believe that our work has positioned Amtivo favourably for the next phase of our growth. We look forward to partnering with Charterhouse, whose impressive track record of transforming businesses will be invaluable as we embark on the next stage of Amtivo’s journey.”

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