Inflexion Partnership Capital completes sale of Mobica

Inflexion is pleased to announce it has completed the sale of its investment in Mobica (“Mobica”), a global software development and integration services specialist, to Cognizant, a US-based NASDAQ-listed business in a transaction that values Mobica at £250m.

The announcement marks the second exit for Inflexion funds in 2023 following a successful 2022 which saw nine exits completed collectively returning over £1.6bn of proceeds to Inflexion investors.

Mobica provides Talent as a Service across the full software development cycle, with core competencies in development, implementation, testing and deployment of embedded software, and a specialisation in clients' strategic internal research and development projects. The Manchester-based firm operates out of the UK, Europe and the US and counts blue-chip clients among its customer base including Google, Arm, Dyson, Meta, BMW, Samsung and Vodafone.

Inflexion supported investment into sales and software engineering to help drive global operational efficiencies and further accelerate multi-site scalability. Part of the transformation included a significant build-out of the leadership team, significantly increasing depth and capability across the business. Another key growth initiative during the partnership was Mobica’s expansion into Germany, enabling the business to become a European leader within the automotive embedded software sector.


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