The company

Established in 1989, Healthcare Knowledge International (HKI) provides benchmarking and other performance-analytical information to European public health services in order to maximize efficiency and reduce overall costs.

The Inflexion investment

Inflexion invested approximately £5.0m towards the £10m buyout through a combination of ordinary shares and loan notes. The management team has also invested significantly.

The Inflexion difference

During our ownership, we worked closely with the team to source new markets and clients, optimise tax structuring and introduce formal KPI monitoring. Revenue grew by 110% while employee numbers doubled. We also helped to execute complementary in-fill acquisitions, adding a health audit business, HQS, in January 2005 and a pharma data business, CRC, in 2006.

We are proud that throughout the period of our ownership HKI has not only grown, but has doubled the number of employees organically. It is now in a position to move forward into its next stage of development and we wish the team every success in the future.

John Hartz,

Managing Partner, Inflexion

We are pleased that during the period of our ownership, IASIST has grown from a small base, offering a limited set of products and breaking even to becoming the principal supplier of a co-ordinated suite of services to the Healthcare organisations of Spain and Portugal. IASIST has more than doubled the number of employees and has recently been working on growth prospects into South America.

John Hartz,

Managing Partner, Inflexion