About
In 2023, Inflexion supported the merger of Norway-based EcoOnline with the software division of Alcumus to create a new leader in environmental, health and safety software.
EcoOnline is a Norway-based EHS SaaS market leader which develops software for creating safer and sustainable workplaces while ensuring compliance and environmental sustainability. EcoOnline has a large presence in the UK, Ireland, and the US.
Inflexion is using its significant software sector experience to support EcoOnline to expand into new markets and strengthen its position as a global EHS software leader. The business made one acquisition shortly after the initial investment (Econometrica) to increase its presence in the UK and add a new adjacent offering to cross-sell into the existing customer base.
Inflexion had previously invested in technology-led risk management and compliance solutions specialist Alcumus and supported six strategic acquisitions and international expansion. Inflexion subsequently reinvested for a minority stake and so remains close to the company.