Anthesis Group is pleased to announce that it has just completed a further investment round to fuel continued growth in the sustainability consulting and technology sector. The Group has raised over $6m in shareholder funding since it commenced trading just under two years ago. It has expanded rapidly with seven acquisitions and 40% organic growth over that time period. The Group has now established a global platform with over 130 staff across the UK and Europe, Middle East, USA and Asia and has secured global contracts with major corporations looking to implement sustainability solutions.
Stuart McLachlan, CEO of Anthesis Group, said: ”Our aspirations are clearly stated. We want to become the leading global sustainability specialist firm. We are well on our way and have established an excellent platform. This new growth capital will allow us to achieve our phase 2 plans which include further investment in acquisitions and strategic hires.”
Alan Matthews, CFO of Anthesis Group, provides further insight into its capital structure: “In this fundraising we welcome new external investors as well as follow on investment from existing shareholders, including continued support from our employee shareholder base. We are still 75% employee owned and are making substantial progress combining ongoing employee buy in with investment from senior people joining the Group. The broadening of our supportive shareholder base gives significant opportunities for our expansion plans. Collective vision and accountability that we see across the management teams locally and globally greatly assist our integration strategy.”
Anthesis Group has made a strong impact in a fragmented market place. It has developed both breadth and depth of expertise across the sustainability value chain and with 15% of the workforce being software developers and technology specialists there is a strong focus on strategic positioning with implementation. The Group’s market positioning is between the large multi-disciplinary firms where sustainability services are non-core, and the smaller local boutique firms.
Chris Jones, President of Anthesis Group USA, commented: “The success of our latest fundraising round is further validation of our strategic growth plan which has resonated so strongly with our clients, employees and industry peers. We are working hard to further develop our global business platform to provide our clients with the evidence and specialist support they need.”
Anthesis Group has made the market aware that with the integration of so many aspects of the sustainability value chain it allows them to deliver holistic solutions and bring new, potentially disruptive products to market.
To this end, Anthesis is about to launch a new sustainability risk product that will challenge the traditional due diligence and ESG auditing service provision. It believes that over-emphasis on historical risk, without predictive analysis on the materiality of future risk, raises questions over the efficacy of existing product offerings. It reports that a number of its clients have expressed demand for a fresh approach.