A LIMERICK-based software company has announced its acquisition of FigBytes, a sustainability platform for organisations.
AMCS, based in Ballysimon, have announced the takeover of the company, following its acquisition of Quentic in June 2022.
FigBytes is software platform that helps customers track and report on their environmental, social, and governance (ESG) targets in areas including carbon accounting, climate action, water impacts, and supply chain activities.
A statement from AMCS says that the two strategic acquisitions in the ESG space highlights the company’s commitment to invest in the environmental services sector.
Jimmy Martin, CEO of AMCS, said: “Our mission is to create an environmentally sustainable future for our clients and their families, and we are excited to have FigBytes join us in these efforts.”
“This acquisition underscores our mission to provide integrated, secure, and future-proof environmental software solutions that help clients across the globe accelerate their growth and sustainability,” he said.
The acquisition of FigBytes will further strengthen AMCS’ current offerings for ESG reporting and data management and complement the company’s existing capabilities.
A spokesman for the company said that AMCS now has ESG expertise spanning Europe and North America and can offer global solutions for sustainability and compliance to customers, encompassing all the regulatory considerations of the different regions.
Ted Dhillon, CEO and co-founder of FigBytes, said that the acquisition will enable companies worldwide comply with the ESG regulations.
“For nearly a decade, we have equipped sustainability leaders everywhere with robust tools, resources, and expertise in order to put their ESG and sustainability programs into action.”
“The combination of FigBytes’ award-winning sustainability platform and the AMCS suite of environmental software solutions provides organisations with a unique, compelling offering and one of the clearest digital pathways to a more sustainable future while enabling them to comply with ESG regulations around the world,” Mr Dhillon said.
“I’m incredibly confident that our alignment with AMCS will unlock tremendous opportunities for organisations to make an even greater positive change for people and the planet.
