Sanne

About 

Fund administrator Sanne received minority investment from Inflexion to fund consolidation and global growth, achieving 45% EBITDA CAGR. The business listed on the London Stock Exchange in 2015, generating a 4.0x return.   

Jersey-headquartered Sanne delivers effective corporate governance, high quality financial reporting and responsive administration services to a broad institutional customer base. Sanne delivers services to its international customer base through its office network in the Channel Islands, Luxembourg, London, Dublin, Dubai, Hong Kong, Singapore and Shanghai. It employs around 300 people globally and has over €40bn in assets under administration. 

Value acceleration 

During our investment we supported two acquisitions from State Street, both of which added considerable scale, international reach and profit growth to Sanne. 

Inflexion encouraged management to invest in highly skilled people, and during our partnership headcount in the business grew by over 80%. Sanne drew support from Inflexion’s international teams in India and China to explore growth opportunities within those local markets; the business also expanded its footprint by opening an office in Singapore. Between 2012 and 2014 the company generated 38% revenue CAGR and 45% EBITDA CAGR.