Alcumus Acquires Risk Management Firm Cognibox, Further Expanding Presence In North America
We are delighted to share the news that Alcumus have acquired Cognibox, a Canada-based end-to-end solutions provider of contractor management, training, and employee compliance. Building on our successful international growth strategy, the acquisition reflects our ambition to create safer and more sustainable workplaces for our global customer base.
Cognibox is a provider of supply chain risk management technology that helps connect businesses by providing flexible solutions that reduce risk and optimise qualification, compliance, and operational processes.
The acquisition expands Alcumus’ global footprint. In aggregate, Alcumus will now support a worldwide membership network of over 50,000 contractors and over 600 hiring clients. Cognibox is the sixth acquisition for Alcumus globally, the third in North America, and the first in Quebec.
Alyn Franklin, CEO at Alcumus: “We’re delighted to welcome Cognibox to the Alcumus family, which continues to grow globally, now surpassing over 1,000 employees. This is our third acquisition in North America and Cognibox fits perfectly into our portfolio, helping expand our global supply chain compliance membership community.”
Georges Karam, CEO of Cognibox: “Alcumus is an established global brand in the Supply Chain risk field with a track record of supporting Canadian businesses to grow internationally. We’re excited to bring more value to our existing Cognibox customers and to take this next step on our strategy with the new investment from Alcumus.”