Inflexion backs CMO Compliance

Alice Murray
24 October 2013

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Inflexion has backed the management buyout of CMO Compliance, a software company focused on health, safety and environment (HSE) governance, and risk and compliance.

The funding will be used to accelerate the company's international growth as well as develop its sales and marketing team.

Company
CMO launched its off-the-shelf product suite in 2007. The company currently serves more than 130 customers, including blue-chip clients Xstrata, Network Rail, Orica and Tyco.

The company originally started out as a bespoke software development business focused on risk and compliance management solutions. However, in 2000, CMO turned its attention to creating a single software solution that could be configured rather than customised to manage risk, compliance and, additionally, HSE governance.

People
As part of the transaction, Inflexion has implemented Loek Van den Boog as chairman. Boog was previously head of Oracle EMEA. Simon Turner is managing partner of Inflexion. James Cotton is co-founder of CMO.