Inflexion sells Optionis Group
Inflexion Private Equity is pleased to announce the sale of Optionis Group, one of the UK’s leading employment services companies in a secondary buyout to funds managed by MML Capital. The sale has realised a return of 3.5x Inflexion’s original investment.
Under Inflexion’s ownership, profits at Optionis increased more than three-fold. Led by the ambitious founder, the company has diversified into providing a full range of employment services to flexible workers. The company’s impressive growth has seen workers under management increase from 5,500 to over 12,000. Through the completion of three successful acquisitions the company has broadened its service offering to include accountancy and HR services to SMEs.
Simon Turner, Managing Partner at Inflexion said “We are proud that during the period of our ownership Optionis has more than trebled in size, assisted so many flexible workers and small businesses, whilst strengthening its service capability. The company is now in a position to move onto the next stage of its development with MML Capital and we wish the team every success in the future.”
Rob Crossland, Founder and Chief Executive of Optionis Group, commented “Inflexion has been a proactive investor, fully supporting the management team’s ambition in developing the business so effectively over the last seven years”.
The sale process was led by Catherine Richards and Andrew Mainwaring.
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