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Inflexion to create a data business with Informa

Inflexion Private Equity Partners LLP (“Inflexion”) is delighted to announce that it has agreed to partner with FTSE 100 Informa PLC to create a market leading financial data and technology provider by bringing together two complementary businesses: Informa Financial Intelligence’s Financial Benchmarking & Omnichannel Experience (FBX) business and Novantas Inc, a financial data services company. The investment is being made by Inflexion’s dedicated minority investment fund, Partnership Capital II.

In an innovative transaction structure, Inflexion will partner with Informa PLC, to create a new business that combines the brands and operations of FBX and Novantas, establishing a leading position in the provision of retail banking data, intelligence and software solutions, with strength across mortgages, consumer lending, consumer deposits and digital banking.

FBX provides quantitative and qualitative competitive intelligence that supports the performance of retail banks’ portfolios. Novantas empowers clients to acquire, sell more profitable products, and retain customers through advanced technologies and cross-industry data offerings that support price optimization, marketing, product design and digital engagement across the retail and commercial banking sector.

 

Under the terms of the transaction, Informa will retain a majority stake in the combined business, with Inflexion and the Novantas shareholders investing alongside Informa to retain significant minority stakes.

The transaction is subject to customary closing conditions.

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