M&A Deal Summary

Supplier Assessment Services Acquires Altius

On October 15, 2018, Supplier Assessment Services acquired software company Altius

Acquisition Highlights
  • This is Supplier Assessment Services’ 1st transaction in the Software sector.
  • This is Supplier Assessment Services’ 1st transaction in the United Kingdom.

M&A Deal Summary

Date 2018-10-15
Target Altius
Sector Software
Buyer(s) Supplier Assessment Services
Deal Type Add-on Acquisition

Target

Altius

Derby, United Kingdom
Altius provides compliance software and management services for organizations in the UK and globally. Altius is an expert in supply chain compliance, partnering with customers to build and operate compliance platforms tailored to their individual needs.

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Buyer(S) 1

Buyer

Supplier Assessment Services

Basingstoke, United Kingdom

Category Company
Founded 1998
Sector Internet Software and Services
DESCRIPTION

Supplier Assessment Services (SAS) is a cloud-based, SaaS subscription business, providing governance, risk management and compliance services. SAS services over 4,000 public and private sector clients and more than 50,000 individual customers across 20 different sectors through its three main products and services: Constructionline, Acclaim, and Altius. Supplier Assessment Services was founded in 1998 and is based in Basingstoke, United Kingdom.


DEAL STATS #
Overall 1 of 1
Sector: Software M&A 1 of 1
Type: Add-on Acquisition M&A Deals 1 of 1
Country: United Kingdom M&A 1 of 1
Year: 2018 M&A 1 of 1