Inflexion announces management buyout of Global Reach Partners

Inflexion Private Equity today announces that it has completed the management buyout of Global Reach Partners Ltd, a leading UK foreign exchange specialist providing payments and hedging services to businesses and private individuals.

Global Reach Partners helps clients manage their foreign exchange exposure through a range of hedging strategies, which are tied to fundamental business needs. The hedging strategies are delivered through many products including spot payments, forward contracts and options in over 150 currencies.

Global Reach Partners transacts £3bn of foreign currency each year, through its team of over 85 expert traders and support staff based in London.

Inflexion will be backing the existing management team to continue to grow market share and execute a buy-and-build consolidation strategy in the UK FX sector.

John Hartz, Managing Partner at Inflexion, commented: “We are delighted to have completed the management buyout of Global Reach Partners, securing an off-market deal through focused sector origination. The two founders and the rest of the management team have created an excellent business, enjoying strong growth and we look forward to supporting their consolidation strategy.”

Mark Smith-Halvorsen, co-founder of Global Reach Partners, said: “It has been a great fifteen years and we are delighted to be embarking upon this new chapter in the history of Global Reach Partners. We will build on the existing strengths of the business and will invest in people, technology, products and services to improve the value we offer to existing and new clients to achieve strong growth. ”

The Inflexion deal team was John Harper, Ed Fraser and George Collier.