Stockholm-based EQT Private Equity has acquired AMCS, an Ireland-based cloud software supplier for waste management and recycling sectors.

EQT Private Equity led the acquisition without disclosing the deal amount, utilizing investment from EQT X and EQT Future funds to support AMCS.

AMCS, led by CEO Jimmy Martin, provides AI-enabled SaaS solutions aimed at sustainability, efficiency, and regulatory compliance in resource-intensive industries.

Founded in 2003, AMCS serves over 3,800 customers, managing more than 700,000 vehicles globally, with operations spanning Europe, North America, and Australasia.