Inflexion, a leading European mid-market private equity firm, announces the successful final close of Inflexion Enterprise Fund VI ("the Fund") at its hard cap of £975 million. This latest Fund was raised in less than five months and follows its successful £400 million predecessor fund. 

Focused on the lower mid-market, the Fund follows the same successful strategy employed by Inflexion for over 25 years, backing high growth, entrepreneurial businesses with ambitious management teams and working in partnership with them to accelerate growth. To date, the Enterprise Funds have delivered a realised track record of 4.4x gross multiple and 42% gross IRR.  This strategy has delivered highly successful exits including Automotive Transformation Group, DR&P, Goat, Lintbells, and Virgin Experience Days. 

Enterprise Fund VI will typically invest in businesses valued up to £150 million, taking both majority and minority stakes across Inflexion’s core sectors of Business Services, Technology, Healthcare, Industrials, Consumer and Financial Services. All companies backed by the Fund will have full access to Inflexion’s value acceleration resources covering M&A, international expansion, digital enhancement (including data and artificial intelligence), commercial effectiveness, ESG strategy and talent management. 

Enterprise Fund VI was raised almost exclusively from Inflexion’s existing investor base of blue-chip institutions from across US, Europe, Asia and the Middle East, with investors on average more than doubling their commitment versus the previous vintage.

The Fund is an Article 8 fund under the EU’s Sustainable Finance Disclosures Regulation, promoting environmental or social characteristics and integrating sustainability risks.  

The Enterprise Fund is a core part of Inflexion’s mid-market solution which, together with the Buyout Fund and Partnership Capital Fund, allows the firm to provide a range of bespoke funding solutions addressing the full spectrum of the European mid-market.

We would like to thank our long-standing investors for their continued support. This strong commitment is a validation of our ongoing focus on the lower mid-market and strong track record of backing mid-market companies to accelerate growth.

Simon Turner, Managing Partner, Inflexion

Our heritage is lower mid-market investing where we have a leading track record. As a founder-led firm ourselves, we know how to work with ambitious entrepreneurs and help them to accelerate growth. We look forward to partnering with more of these businesses and bringing to bear the full breadth of resources that Inflexion has to offer.

Malcolm Coffin, Head of Enterprise Fund, Inflexion