Inflexion is pleased to announce that it has sold Glide, the UK’s leading provider of infrastructure to difficult to serve markets, like high-density accommodation, to US infrastructure investor Alinda Capital. The sale follows a six-year period of transformational growth for the business, which became the clear UK market leader during its partnership with Inflexion.
Glide designs, installs and manages fibre networks required to deliver broadband connectivity together with other critical products and services to student accommodation, the private rental sector and small and medium sized enterprises. Inflexion’s investment has helped the company to build the UK’s leading fibre network in this specialist market reaching 100,000 premises and approximately 250,000 customers.
The company, named CableCom at the time of the 2013 investment, drew on Inflexion’s strong sector and transaction experience to support its strategic acquisitions of Glide and WarwickNet. These acquisitions significantly diversified its customer base and service offering, which together with investment into the expansion of its infrastructure and fibre network across the UK made it the national market leader.