Inflexion, a leading European mid-market private equity firm, is pleased to announce that it has invested in FDMUK (“FDM”), the industry leader in providing telecoms market share, pricing and proposition data across Europe, to accelerate its global ambitions. The investment is being made by Inflexion’s Enterprise Fund V.
FDM has established itself as the industry authority within UK telecoms due to its unrivalled data quality & granularity and is the fastest growing insights agency of its type, having realised 150% growth over the last 3 years. Its proprietary point-of-sale and real-time pricing datasets provide the most accurate view of market share and brand performance measurement, and is utilised by every major UK broadband provider, mobile operator and price comparison website, as well as by global manufacturers.
Inflexion will support the continued growth of FDM including expanding the company’s geographic reach and product offering, with dedicated investment set aside for strategic M&A and new technologies such as machine learning and AI to ensure the company continues to provide best-in-class datasets and insights.
FDM is a unique business that provides must-have data. We are delighted to be backing the existing management team to build on their market leading position and support their ambitious growth plans to become a global data provider.
We are excited to start this next phase in FDM’s journey and are thrilled to welcome Inflexion as our new partner. They have proven expertise in scaling data companies which will empower us to expand our market reach, breadth of product offerings, and ability to provide best-in-class datasets, as we continue to deliver unparalleled service for our clients.
Mehul Kotecha, Co-founder, FDM