Addleshaw Goddard's leading North West Private Equity team has advised Inflexion on its £150m minority investment into Radius Payments Solutions, a leading fleet payments and telematics provider to SME's across Europe, North America & Asia.
The £800m business, founded by CEO Bill Holmes, is headquartered in Crewe and has continued to grow through a combination of organic and acquisitive growth, with over 30 acquisitions completed to date. Inflexion's Investment will support Radius's continued growth whilst helping to accelerate sales across the globe.
Andy Green, Private Equity Partner at AG stated: "We have a longstanding relationship with Inflexion and were delighted to be able to advise them on this deal. The mid-market PE market continues to see high levels of activity and despite political uncertainty, this is something we believe will continue on into the New Year."
AG's PE team continues to thrive in the NW mid-market, with one of the strongest client rosters of any law firm in this area, advising on 24 PE deals in the last 12 months. The AG team was led by Andy Green and comprised Martin O'Shea, Angus Gill, Ben Edwards, Adam Kaucher and Ben Heywood.