Planet Mark transaction nominated for Deal of the Year at the Insider Wales Dealmakers Awards 2024

Published August 9th 2024

Michelmores is pleased to announce that the acquisition of Planet Mark by Alcumus in late 2023, in which Michelmores advised Planet Mark and its shareholders, has been nominated in the Deal of the Year category at the Insider Wales Dealmakers Awards 2024.

The deals scene in Wales has seen some landmark acquisitions, funding deals and buyouts over the last 12 months and this year’s prestigious awards will spotlight the top company transactions over the year, and the corporate finance advisers, company dealmakers, lawyers and funders that made them happen.

Michelmores’ nomination is in respect of having advised the leading sustainability certification and Net Zero pioneer on its acquisition by Alcumus. Alcumus is an international organisation, headquartered in Wales and owned by the APAX Group. It provides organisations of all sizes an integrated approach to managing Health, Safety and ESG across industries, locations, contractor and supplier networks.

For the past decade, Planet Mark has been working with its members (including Michelmores) to enable meaningful change, creating a more sustainable and equitable world. With Alcumus’ experience, resource and technology, the organisation will be able to significantly expand its offering at a key stage in its growth journey.

Planet Mark’s sustainability expertise is set to become an integral part of Alcumus’ comprehensive portfolio, including net zero. This partnership will amplify the impact both organisations can make in driving transformation and sustainability across the businesses they serve.

The cross-sector Michelmores team advising on the deal was led by Senior Partner Richard Cobb, with Senior Associate Chris Smedley and Solicitor Meriam Ahmed, all from the Firm’s Corporate team; with Tax support from Partner Cathy Bryant and Senior Associate Anthony Reeves; Commercial support from Head of the Firm’s Commercial team, Tom Torkar; and Employment support from Partner Rachael Lloyd and Associate Matthew Warren.

Michelmores worked alongside Grant Thornton’s Corporate Finance team to complete the deal.

Chris Smedley comments:

“Being nominated for Deal of the Year reflects the hard work and expertise of everyone in our Corporate team. This accolade marks another good year for the Firm and we are proud to have received such market recognition.”

The winners at the Insider Wales Dealmakers Awards 2024 will be announced at the Mercure Cardiff Holland House Hotel on Thursday 26 September 2024.

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