Inflexion in double award success
Inflexion celebrated a double award victory last night at the unquote” British Private Equity Awards 2011 picking up House of the Year and joint Fundraising of the Year.
Inflexion was praised by judges for its outstanding performance during the year. Key achievements included three buyouts in exciting growth businesses, the take-private of Ideal Shopping Direct and the highly profitable exit of Red Commerce.
Inflexion was also given recognition for the manner in which it was able to raise the 2010 Buyout Fund, which was more than twice oversubscribed and completed in an unusually fast timetable, securing a single and final close in just four months. This is Inflexion’s second win for the 2010 Buyout Fund, having picked up the Fundraising of the Year award at The Private Equity Awards in April this year.
John Hartz, Managing Partner of Inflexion Private Equity, said: “We are extremely pleased to have received such fantastic recognition from our peer group for our successes over the past year. Inflexion has had a good year so far and we remain very positive for the future.”