The health, safety and environmental consultancy and training services of leading risk management solutions business, Alcumus, is changing hands in a management buyout with long-term financial backing from Ultimate Finance.
Supporting legal advice was provided by GS Verde Group.
The businesses, to be called Ligtas, will continue to trade from its current locations in Cardiff, South Wales and sister site in Huddersfield, West Yorkshire.
The deal will enable the current management team, which collectively have nearly 70 years’ experience in health, safety and environmental risk management, product testing and compliance and technical training, to focus on the development and provision of industry-leading health, safety and environmental risk management products and services.
The deal also provides a dedicated focus on enabling organisations achieve healthy, safe environments whilst meeting legal compliance in the areas of health and safety, fire, water and construction design and management.
Ligtas will continue to provide consultancy and risk management systems, services and training to organisations operating in the property management, financial services, healthcare, retail, consumer and business and wider industry sectors.
The company will also look to grow its products and services in key areas such as construction and manufacturing.
The team will be led by manufacturing and professional services sector expert, Shaun Ashmead as Managing Director; with Alexis Vranch as Finance Director and Simon Jones as Technical Director.
Managing Director, Shaun Ashmead, said this is great opportunity for the business.
“The UK health, safety and environmental risk market continues to grow. By offering solutions and services designed to meet the needs of our customers, we are confident that Ligtas can take advantage of this growth whilst focussing on additional opportunities in the construction and manufacturing sectors.
“Having worked in both manufacturing and professional services including Ligtas’ previous owner, Alcumus for several years, I believe this management team makes us well placed to take advantage of these opportunities to add value to our customers – specifically enabling them to provide safe, healthy environments for all.
“In the short to medium term, Ligtas will look to refocus and grow its existing customer base. However, we have our sights set firmly on becoming the leading partner of choice for businesses who are serious about creating a compliant safe, healthy environment for all to thrive.
“Our current 71 strong and expanding team play a pivotal role in this strategy and we are delighted to be able to provide services from our Wales and Yorkshire sites to customers across the UK.”