We are delighted to have advised Planet Mark on their sale to Alcumus Group
Planet Mark is a leading tech-enabled sustainability certification and Net Zero pioneer, delivering sustainability solutions and driving positive impact to over 700 members through their innovative Measure, Engage and Communicate framework. To achieve re-certification Planet Mark members must demonstrate continuous improvement through year-on-year reduction in carbon emissions.
Planet Mark was founded in 2013 with a shared belief of business value and collaboration to embrace sustainability, enabling meaningful change to create a more sustainable and equitable world. Backed by the Eden Project, their proprietary certification is layered on globally recognised methodologies and covered Scopes 1, 2 and elements of 3, long before net zero became commonly used.
Our Corporate Finance team demonstrated their credentials within the ESG sector early on, enabling Planet Mark to go to market in the best possible light. This allowed for a competitive, dual track process, resulting in an efficient and honest approach from all parties throughout.
We managed a number of interested parties from across the globe and to the delight of the shareholders secured a transaction that met all their stakeholder’s needs.
Alcumus’ experience, resource and technology provides a fantastic strategic fit for Planet Mark with both businesses built on a common purpose and values. The partnership also provides a great home for Planet Mark’s members and significant ongoing roles and opportunities for key management and employees.
We looked for an advisory partner to help show us what relationships were possible in helping deliver on our mission of a brighter future. Grant Thornton understood this decision reached far beyond us as a business. They knew it was about delivering our mission and driving impact at scale, for current and future members. They supported us at every step of the journey to ensure we found the best possible partner to take us forward and who perfectly aligned with our culture, values, and mission. We’re thrilled with the outcome and know this partnership will help Planet Mark thrive and flourish over the next decade.Steve Malkin Founder and CEO, Planet Mark