Inflexion Private Equity has generated a return of 16.2x on its full exit from FDM Group through the company’s flotation on the London Stock Exchange, which valued it at £308.5m.
Merged company will have combined revenues of around €8m in 2020, and employ over 50 staff.
Digitalisation and project life cycle management business intends to expand in DACH and Benelux
Fund invests in pre-series-A and series-A rounds to support the growth of startups operating across a large variety of sectors
In conjunction with the announcement, the firm has hired an investment team from TenX Health