Inflexion backed the buyout of ITM, the leading provider of specialist data services to the pensions and financial services markets, in 2018.

  • Sector

    Financial services, Business services

  • Headquarters

    London, UK

  • Fund


  • Investment date

    May 2018

  • Status


The company 

ITM specialises in technology-led data audit, management, administration and migration services, working with pension funds, providers, trusts and administrators as well as other financial institutions. The company utilises proprietary software and specialist expertise it has built over almost 20 years to provide critical and complex data services for its blue-chip clients in both the private and public sectors, including Aviva, Legal & General, Cabinet Office and BT. ITM was founded in 2003 and employs over 100 people across the UK.

In April 2021, ITM acquired Profund, a pensions administration and accounting software provider. The acquisition created a platform of scale in the Life & Pensions industry, with a broad suite of capabilities to deliver unparalleled value to clients and across the entire pensions market. The acquisition also provided ITM with new offshore development and support capabilities to enhance the group’s scale and delivery functions.

The Inflexion difference

The deal allowed ITM founders to fulfil their wish to step down in the knowledge that a strong partner could work with management to drive the business further forward. Drawing on our digital expertise and experience in the sector, we are working with management to exploit the growth opportunities underpinned by regulatory and industry drivers in ITM’s core markets, broaden ITM’s range of services and expand into adjacent markets.

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