Inflexion is pleased to announce its portfolio has completed 42 add-on acquisitions in 2020. The vast majority were completed since the spring, with six in the last few weeks of the year, underlining the resilience of the portfolio despite challenging conditions
M&A is a key lever of Inflexion’s growth acceleration strategy owing to the positive and often transformational impact it can have, whether adding to a company’s offering, expanding its geographic footprint or increasing market share. Inflexion has supported 280 acquisitions for its portfolio, 50 of which have been international. A third of the portfolio’s M&A this year took place internationally where Inflexion’s on the ground presence in Amsterdam, Bangalore, Boston, Sao Paulo and Shanghai provides useful local knowledge and expertise.
Selected acquisitions in 2020 include:
- Risk management software specialist Alcumus completed two acquisitions, with Canada-based Contractor Check and UK-based Banyard Solutions being purchased less than a year after Alcumus entered North America with its eCompliance acquisition
- Fund administration company Ocorian continues its global expansion with the acquisition of Luxembourg based Allegro and UK based Newgate
- Sports graphics business AE Live acquired Ignite, strengthening its footprint in Australia and New Zealand and providing it with a fresh presence in Singapore and Malaysia
- Leading UK insurance broker Bollington Wilson undertook five acquisitions to expand its product offering and strengthen its presence in the North of England
- Aspen Pumps, a condensate pumps and accessories manufacturer, acquired Australian HVACR component maker Sky Refrigeration just three months after partnering with Inflexion for a second time
- Testing, inspection and certification business British Engineering Services acquired PCMS Engineering Group and Lantei, helping it to increase its product offering and strengthen its regional presence
