ACAMS

ACAMS is the world’s largest membership organization dedicated to fighting financial crime

ACAMS Standards of Conduct

Website

CAPITAL HELD BY WENDEL

AMOUNT INVESTED BY WENDEL

$338

YEAR OF ACQUISITION

2022

ACAMS (Association of Certified Anti-Money Laundering Specialists) is the world’s largest⁽¹⁾ membership organization dedicated to ending financial crime through continuing professional education, training and certifications, in the areas of Anti-Money Laundering (AML), financial crime prevention and sanctions compliance.

(1) Based on public data.

Key Figures

$338 m

amount invested by Wendel since 2022 ⁽²⁾

55 000

professionals certified

180

jurisdictions

303

employees

(2) Amount of equity invested by Wendel in ACAMS in March 2022, representing €303 million.

Why did we invest in ACAMS?

On March 10, 2022, Wendel completed the acquisition of ACAMS (Association of Certified Anti-Money Laundering Specialists) from Adtalem Global Education (NYSE: ATGE). This transaction valued ACAMS’ enterprise value at approximately $500 million⁽³⁾. Wendel invested approximately $338 million in equity and holds approximately 98% of the company’s share capital alongside the company’s management and a minority shareholder.

ACAMS is the world’s largest membership organization dedicated to ending financial crime through continuing professional education, training and certification in the areas of Anti-Money Laundering (AML), financial-crime prevention and sanctions compliance. The company benefits from a large global network of
over 100,000 members in more than 180 countries and jurisdictions. Of these members, nearly 55,000 professionals hold CAMS certifications that require rigorous preparation, periodic renewals, and continuing education and training, including webinars and conference attendance. ACAMS employs 303 people, mainly in the United States, United Kingdom and Hong Kong, who together serve a global customer base. The Company generates around 60% of its sales outside of the United States and has a long history of organic growth through global expansion and the introduction of new programs aimed at supporting its
customers’ and members’ fight against an increasingly complex financial-crime environment.

Wendel’s investment is in line with Wendel’s stated objective of accelerating the redeployment of capital to higher-growth companies that share the ESG values of the Wendel Group.

(3) Net adjusted acquisition price of $487.5 million.

Key milestones of the investment

2022

January 24, 2022

Wendel to Acquire ACAMS, the world’s largest membership organization dedicated to fighting financial crime

January 24, 2022

Analysts’ presentation as of January 24, 2022

March 11, 2022

Wendel completes the acquisition of ACAMS, the world’s largest membership organization dedicated to fighting financial crime

Top management

of ACAMS

Neil Sternthal

CEO

Mariah Gause

COO

Wendel’s role in corporate governance

Board of Directors
Jamie Fletcher
Mel Immergut
Harper Mates
Adam Reinmann (Chairman)

#LETTER TO SHAREHOLDERS

3 June 2022

ACAMS, the Association of Certified Anti-Money Laundering Specialists, joins Wendel’s portfolio

All news

– Press Release

17 April 2024

ACAMS Assembly APAC to Highlight the Evolution of Anti-Financial Crime Measures in the Asia-Pacific Region

All press releases

27 March 2024

ACAMS’ “Financial Crime Matters” Podcast Leads the Charge in Unraveling Financial Crime Complexities, Reaching Milestone of 500,000+ Downloads

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