Inflexion supports record number of acquisitions for portfolio in 2021
Inflexion Private Equity Partners LLP (“Inflexion”) is delighted to announce that it supported 97 new investment opportunities for its portfolio in 2021, helping to drive value and accelerate sustainable growth in the UK and internationally. The volume of M&A is the highest in Inflexion’s history and adds over £120 million of EBITDA to Inflexion’s portfolio.
Acquisitive growth has been a key pillar of Inflexion’s growth acceleration strategies since inception. Other proven value drivers include digital transformation, international expansion, commercial effectiveness and talent enhancement. Every business backed by Inflexion, whether a buyout or minority partnership, has access to our support in these areas. On average, the companies we partner with grow their revenues by 20% p.a. and double their headcount.
Portfolio M&A supported by Inflexion in 2021 includes:
DR&P, a specialist commercial insurance broker, has made five acquisitions since Inflexion invested in it during 2021 as it seeks to consolidate a fragmented market
Halo, a global vendor of optical transceivers, was created in 2017 with Inflexion’s investment in UK business ProLabs followed by the transformational acquisition of US-based AddOn Computer Peripherals less than six months later. Further M&A completed in 2021 included Benelux-based Solid Optics and Skylane Optics as well as Aria Technologies in the US, all of which expanded Halo’s product and geographic offering. Inflexion exited Halo in December for over $715m, generating 6x money for Inflexion investors
K2, a specialist ERP and cloud human capital resourcing business, made three acquisitions in 2021 to expand and enhance its geographic footprint across Western Europe and Asia
Roofing specialist Marley purchased Viridian Solar, adding new products to its sustainable offering
Ocorian, a fund, corporate and trust administration business, undertook 11 acquisitions in nine countries since Inflexion led its carve-out in 2016. These include the transformational purchase of Estera in 2019 and bond services company Nordic Trustee in Oslo in 2021, further enhancing its service offering and geographic footprint
Phenna Group, a provider of specialist testing, inspecting and certification services, made 14 acquisitions during the year
Radius, a fleet payment processing and telematics provider, has made 19 acquisitions since our 2017 Partnership Capital minority investment, seven of which were in 2021, including that of CanTrack, a stolen vehicle recovery (SVR) telematics business, and Modus Group, which helped the firm to strengthen its North American tracking business and offer new products
Inflexion’s portfolio reaches 160 countries and collectively employs 27,000 people around the globe.
M&A, whether UK or international, can be a fantastic way of turbo-charging growth. By acquiring or merging with other businesses, a company can gain customers and market share, expand into new markets and territories, and bring on new products and services, almost instantly. We have helped support over 370 acquisitions for our portfolio in more than 25 countries and can bring this experience to bear in identifying, negotiating and integrating businesses to create lasting value.