AMCS Acquires Utility Billing Software Company Utilibill to Enter the Global Water and Energy Sector

AMCS, the leading global supplier of integrated software and vehicle technology for the environmental, recycling, and resource industries, today announced that it has acquired Utilibill, a leading Australian-based cloud billing platform for an undisclosed amount. This acquisition complements AMCS' strategy of being a valued technology partner for customers on their journey to net-zero carbon, resource sustainability and the circular economy.

Based in Melbourne, Utilibill is an Australian software company providing a leading edge, cloud-based utility billing platform. Founded 16 years ago by Igor Green and Morgan Duncan, Utilibill started serving telecommunications clients, before expanding into the energy market eight years ago. Utilibill has close to 100 employees including support centers in the Philippines and offices in the US serving more than 200 telecommunications, water, and energy utilities globally.

"The seed of AMCS was an innovative recycling billing solution that incentivised significant consumer behavioural change to ensure better environmental outcomes. Nowadays, the AMCS customer base includes many of the world's largest resource, energy, and water service providers. With our AMCS Platform we help these customers to sustainably manage a variety of resources such as recyclables (e.g., metal, fibre, plastics), energy (bioenergy, transport fuel, waste to energy etc.) and residual waste," said AMCS CEO Jimmy Martin.

"Utilibill has the potential to replicate this in global water and energy usage. Smart billing infrastructure solutions can be leveraged to incentivise and optimise the sustainable use and production of resources such as water and energy for both households and businesses," continued Mr. Martin.

In Australia, Utilibill counts Computershare, Zen Energy, Telechoice, Vonex, More Telecom and Electricityinabox as its billing platform customers.

"We are excited about today's announcement and look forward to the incredible opportunities being presented to us as part of the wider AMCS Group," said Igor Green, Co-Founder and CEO at Utilibill. "AMCS already has a strong presence in Australia and New Zealand with a base of over a hundred environmental services companies including Veolia, Suez, Remondis and Waste Management New Zealand. Utilibill customers will benefit from the global AMCS organisation and strong local presence in Australia and North America."

ABOUT AMCS
AMCS is headquartered in Limerick, Ireland with offices in North America, Europe and Australia employing over 800 people across 12 countries. AMCS is a global leader of integrated software and vehicle technology for the environmental, recycling and resource industries and offers optimisation solutions to the broader transport and logistics market. AMCS helps over 3,000 customers in 22 countries to reduce their operating costs, increase asset utilisation, optimise margins, and improve customer service. Their enterprise software and SaaS solutions deliver digital innovation to the emerging circular economy around the world.

ABOUT UTILIBILL
Utilibill is a multi-award-winning Australian software company, providing a highly automated, cloud-based billing platform to Utilities. Utilibill services telecommunications, electricity, gas and water companies. Utilibill services Commercial & Industrial as well as mass market retail customers in a single instance solution. Utilibill has close to 100 employees including support centers in the Philippines and offices in the US serving more than 200 utilities and telcos globally.