Inflexion is delighted to announce that it has reached the milestone of completing 100 investments since its 1999 inception. 45 of these investments have been realised, achieving a market-leading weighted average return of 3.5x.
The achievement comes shortly after a record year for Inflexion which saw eight divestments, 12 new investments and 97 add-on acquisitions for the current portfolio. The last divestment of 2021 was the sale of Halo Technology, which generated a 6x money multiple and 53% IRR for investors in Inflexion funds after profits increased by nearly 10x during the four-year partnership. 2022 has already seen the sale of Alcumus generate a return of 5.9x and the largest ever cash return for Inflexion. To date during 2022, Inflexion has completed four new investments.
These investments have been made through Inflexion’s three core fund strategies, ensuring each business has access to flexible funding best suited to its growth ambitions: the traditional Buyout Fund; Partnership Capital, dedicated to minority investments; and Enterprise Fund, catering specifically to the lower mid-market. These funds provide flexibility to invest from £10 million to £400m in a variety of different situations, all aligned to sustainable growth.
All the businesses backed by Inflexion, regardless of size or stake, have full access to the firm’s value acceleration strategies, which are M&A, international expansion, digital enhancement, talent development, commercial strategy and sustainability focus. The businesses also benefit from Inflexion’s global coverage through its presence in London, Manchester, Amsterdam, Bangalore, Boston, São Paulo and Shanghai.
The current Inflexion portfolio:
- reaches 160 countries collectively
- employs 29,000 people
- has a combined EBITDA of over £900m
Since inception:
- Inflexion portfolio companies have completed over 380 acquisitions across 26 countries
- Inflexion-backed businesses double their headcount and grow EBITDA by 24% year-on-year during the investment period (on average)