Inflexion is pleased to announce it has agreed to sell its investment in Flooid (“Flooid”), a leader in cloud-based unified commerce software for retailers, to Glory Global Solutions (International) Ltd, a wholly-owned subsidiary of Tokyo stock exchange listed GLORY Ltd.

Inflexion invested in Flooid in 2017 (then PCMS) and since then the business has expanded its customer base to over 15 countries across Europe, North America and South Africa wth major customers including John Lewis, M&S, Walgreens and Woolworths. The business helps retailers to deliver seamless experiences across all customer touchpoints with a powerful cloud-native, hardware-agnostic, unified commerce platform. Inflexion’s support saw Flooid undergo a significant period of change with investment into the product offering and a successful transition to a SaaS model.

The team at Flooid have shown real tenacity in developing the product and transitioning the business model to software as a service.

Flor Kassai, Partner and Head of Buyout Fund, Inflexion

Inflexion’s support was very valuable in helping to build our product and software offering as we have scaled the business globally. Joining Glory is an exciting step in our journey to reach more retailers with our unified commerce platform.

Diane Palmquist, Group Global CEO, Flooid