Alchemy Systems, LP

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Alchemy Systems, LP - overview

Established

2003

Location

Austin, TX-Texas, US

Primary Industry

Software

About

Alchemy Systems, LP is a provider of workforce training solutions and consulting services that enhance safety, productivity, and engagement within industries focused on operational excellence. Founded in 2003 in Austin, US, Alchemy Systems specializes in workforce training solutions across various sectors. The company was acquired by Intertek Group plc from Riverside Company in August 2018 for USD 480 mn. The leadership includes founders Allison Baker, Aman Jain, Mark Schwartz, Steven Noel-Hill, and Yoshiki Mori, with Brandon Knight currently serving as CEO.


Intertek Alchemy specializes in comprehensive workforce training solutions, technology, and consulting services aimed at improving safety, productivity, and employee engagement. They offer customizable training courses on topics such as workplace and food safety, onboarding, lean manufacturing, and leadership development, delivered via a robust learning platform that includes tools for course customization and skills management. Intertek Alchemy generates revenue primarily through a subscription-based model, allowing clients access to an extensive library of training courses and technology solutions. Clients enter into contracts tailored to their needs, ensuring compliance and effective training, with transactions structured around service agreements that may include additional consulting services related to food safety and compliance.


Following its acquisition, Alchemy Systems is focused on leveraging new resources to expand its product offerings and geographical reach. The company plans to introduce new training modules and enhance its learning management system by Q3 2019. The recent acquisition funding of USD 480 mn will support these initiatives and facilitate entry into new markets across North America, Europe, and Latin America, ensuring a broader client base.


Primary Industry

Software

Sub Industries

Consulting Services, Analytics & Performance Software, Education & Training Software, HR & Workforce Software

Website

www.alchemysystems.com

Total Amount Raised

Subscriber access only

Alchemy Systems, LP - deals

Deals TypeDeal StatusTarget (s)Deal DateInvestor(s)Seller(s)Deal size (Mn)Enterprise value (Mn)Post-money valuation (Mn)EBITDA multiple (x)Revenue multiple (x)Lead partner (s)
Trade SaleCompletedAlchemy Systems, LP-
Add-onCompletedWisetail LMS-
Private DebtCompletedAlchemy Systems, LP-
Add-onCompletedChilton Consulting Group Inc-
Add-onCompletedCatalyst Awareness Inc. -

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Alchemy Systems, LP - employee data

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