Supplier Assessment Services, a leading provider of technology-enabled third-party pre-qualification and health and safety accreditation services in the UK, today announced its acquisition of Derby-based supply chain performance specialists, Altius VA Ltd.
Supplier Assessment Services, which was recently purchased by private equity firm Warburg Pincus, provides – through its Constructionline and Acclaim brands – specialist governance, risk and compliance services to both public and private sector customers in the construction, facilities management, education and utilities industries.
Altius’ products and services perfectly complement those of Supplier Assessment Services bolstering the company’s existing range of products and services with new supplier onboarding and client-specific compliance software, as well as expanding the international markets in which it operates. Following the launch of its Exigo software platform, Altius has seen rapid growth in retail, food and beverage and real estate markets, as well as the recent win of the Railway Industry Supplier Qualification (RISQS) tender.
Gary Plant, Chief Executive Officer of Altius VA Ltd, commented:
“We are excited to become part of the Supplier Assessment Services group. Together, our organisations have solutions that will reduce risk, cut costs and add significant value to any client’s business, large or small.”
John Edmunds, Chief Executive Officer of Supplier Assessment Services, commented:
“We see a significant growth opportunity for supply chain services outside our core specialism in the construction sector and we are convinced that Altius will enable us to realise that opportunity more quickly with an already established presence in rail, retail and property management. Furthermore, Altius’ platform flexibility, client customisation and onboarding services are the perfect fit for our own pre-qualification and validation services, supporting our vision to become the most connected and progressive provider of governance, risk and compliance services to all our customers, enabling our clients to be more competitive.”