Inflexion

Inflexion provides Partnership Capital funding to Phenna Group

Inflexion is pleased to announce that it has agreed to make a minority investment in Phenna Group (“Phenna”), a business focused on the testing, inspection, certification and compliance (“TICC”) sector. The investment is being made by Inflexion’s dedicated minority investment fund, Partnership Capital II, and follows our recent minority investment in Spanish business services company Auxadi earlier this year.

Formed in 2018 and headquartered in the UK, Phenna consists of a broad range of TICC businesses currently serving industrial manufacturing, built environment, construction and property end markets. The company will continue to consolidate the highly fragmented TICC industry by acquiring select niche, independent TICC businesses that serve a diverse range of sectors in the UK and internationally.

Inflexion is well positioned to help Phenna achieve its ambitious growth plans due to its deep experience in this sector following investments in Alcumus, British Engineering Services and Cawood Scientific. Inflexion will also utilise its experience to support the company’s growth through M&A to expand Phenna’s existing service offering and geographical reach.

The investment is subject to regulatory approval.

  

Contact

Sarah Gestetner

Communications and Marketing Director

T. +44 (0)20 7487 9820

E. sarah.gestetner@inflexion.com