Alium Partners acquired by Valtus and Atreus
London-based Alium Partners has been jointly acquired by Valtus and Atreus.
This transaction is a shift towards consolidating the Globalise network.
Valtus’ president, Philippe Soullier, said, “The acquisition is a strategic step in the right direction for Globalise. It will enable us to further enhance our ties with our partners, and thereby strengthen the entire network.”
The event marks the first of Valtus’ external growth initiatives. Soullier added, “We are looking at other acquisitions and expansion opportunities to penetrate additional markets and open our network to new partners in 2019.”
The move is also in line with Alium Partners’ and Atreus’ individual growth strategies. Alium Partners managing partner, Nigel Peters, explained, “Having solid relationships with the key members of Globalise means we can offer a truly international service. Our new owners are key players in the global arena, and we are excited about the opportunities the joint venture will bring.”
Atreus’ managing director, Harald Linné, added, “We see unique opportunities with Alium to better meet the needs of the private equity industry in London. In addition we can leverage the Alium network to Continental Europe and support the global change initiatives and business transformation of many companies headquarted in Germany.”
The Globalise network currently generates more than €150m (£130m) in annual revenue and delivered circa 1,000 assignments in 2018.
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