AMCS acquires FigBytes to reinforce its commitment to ESG solutions for its customers globally

AMCS strengthens its ESG commitment with the acquisition of FigBytes, creators of the leading Sustainability Platform for impact-focused organizations. Pictured is Jimmy Martin CEO of AMCS

AMCS announces the acquisition of FigBytes marking the company’s second strategic move in the Environmental, Social, and Governance space, following the acquisition of Quentic in June 2022

AMCS, a leading global supplier of integrated cloud-based software and vehicle technology for the environmental, utilities, waste, recycling, and resource industries, announced the acquisition of FigBytes, creators of the leading Sustainability Platform for impact-focused organizations, for an undisclosed amount.

AMCS is headquartered in Ballysimon, Co Limerick, Ireland, with offices in North America, Europe, and Australia.

This is the second strategic move for AMCS in the Environmental, Social, and Governance (ESG) space, following the acquisition of Quentic in June 2022. These recent acquisitions highlight the company’s commitment to invest globally in the environmental services industry. The strong market presence of FigBytes technology in North America is complementary to the presence AMCS has established in Europe.

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This acquisition will enable AMCS to better serve clients around the world with cloud-based SaaS solutions that help them reach their sustainability goals and manage increasingly complex regulatory reporting requirements.

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.”

The FigBytes platform will further strengthen AMCS’ current offerings for ESG reporting and data management and complement the company’s existing capabilities. 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.

For example, the new mandatory EU CSRD regulation will affect most companies at different times in the future. These companies must manage their ESG data and ensure auditable reporting through the ESRS reporting framework. For effective data management and accurate reporting and to fulfill requirements related to this regulation and others, FigBytes provides added value for AMCS customers.

Ted Dhillon, CEO and co-founder of FigBytes said, “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 organizations 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. I’m incredibly confident that our alignment with AMCS will unlock tremendous opportunities for organizations to make an even greater positive change for people and the planet.”

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