U.K.-based Alcumus adds to Canadian operations with purchase of ContractorCheck
Nearly a year after buying workplace safety-focused tech firm eCompliance, Alcumus has snapped up another Toronto-headquartered technology company with strong links to construction.
The U.K.-based risk management firm said June 30 it has agreed to acquire ContractorCheck, which provides health and safety pre-qualification and contractor management accreditation.
Alcumus CEO, Alyn Franklin, said the deal builds on its eCompliance purchase last year, adding that the move will allow it to expand its software-based risk management and compliance solutions business in North America.
Financial terms of the agreement were not disclosed.
ContractorCheck, which assesses and accredits contractors as meeting certain legislative and customer requirements, aims to reduce project risks between contractors and owners. Currently, the company predominantly works with owners in the commercial real estate, food retail and manufacturing sectors.
Adrian Bartha, the president of Alcumus North America, said with safer and better workplaces being more important than ever, the company has an important role to play.
“Contractors want a better way to demonstrate their commitment to safety and sustainability to the clients they work with and ContractorCheck brings this proven specialty to that commitment,” he said in a release.
ContractorCheck will operate under the Alcumus North America banner, with the company’s CEO Chris Kelson continuing to lead the business.