Inflexion supports over €1 billion of portfolio M&A in 2025 - Inflexion

Inflexion, a leading European mid-market private equity firm, is delighted to announce that 2025 was one of its busiest years since inception for portfolio M&A, with 75 acquisitions supported for its portfolio across 15 countries and three continents. The reach of the acquisitions underscores Inflexion’s growing international footprint and helps to drive value and accelerate sustainable growth for the portfolio. The M&A represents a combined enterprise value of over €1 billion. Acquisitive growth has been a key value acceleration strategy for Inflexion since inception, with more than 617 completed in the last 26 years and over a quarter of them taking place internationally across more than 30 countries. Other proven value drivers include digital enhancement, international expansion, commercial effectiveness, talent management and sustainability focus. Every business backed by Inflexion, whether a buyout or minority partnership, has access to our support in these areas. On average, the companies we partner with grow their EBITDA by 20% p.a. and more than double their headcount during the period of our investment.  All three of Inflexion’s dedicated fund strategies supported M&A for their investments in the year, with select acquisitions including: Buyout Fund Ocorian, a fund, corporate and trust services business, acquired US-based E78 Fund Solutions in 2025 following the opening of Inflexion’s New York office. Inflexion’s investment has been supporting Ocorian to become a global leader of scale since 2016 and has included 16 acquisitions, including the transformational purchases of Estera, Nordic Trustee and now E78 Aspen Pumps continued its international expansion through the acquisitions of Veto Pro Pac, a US-based provider of premium toolbags and equipment carriers, and AuRü Group in Germany. Aspen has worked with Inflexion for many years, initially between 2007 and 2015 and in another partnership since 2020. In 2025 it became one of four Inflexion businesses to join Europe’s largest Continuation Fund, allowing it to continue working with Inflexion to accelerate growth Axiom GRC, a provider of software and tech-enabled services for governance, risk and compliance, made three acquisitions in 2025: DPO in the UK as well as Assurance Point and IS Partners in the US. The latter two strengthen Axiom’s capabilities in cyber compliance and assurance — areas where the US market offers significant long-term growth potential. Inflexion carved out Marlowe plc's GRC assets in 2024 to create Axiom   Partnership Capital Easyfairs made four acquisitions in 2025, including its first in the US with the purchase of EPC (Energy Projects Conference & Exhibition), the world’s largest energy projects event. This marked the company’s sixth acquisition since Inflexion’s minority investment in 2024 and gives Easyfairs a strategic anchor in the high-growth US market Aosphere, a legal and compliance information subscription platform, has made three acquisitions since receiving strategic investment from Inflexion alongside aosphere parent Allen & Overy and US-based investor Endicott Capital in 2024. In 2025, aosphere acquired Indigita, a Swiss regulatory tech business, and Investment Navigator, a Swiss-based regulatory compliance tech platform Enterprise Fund Celnor, a platform for testing, inspection, certification and compliance businesses established by Inflexion and the leadership team during 2023, made 18 acquisitions in 2025 including Tera in France and JTC in the US TC Group, which provides accountancy and taxation services to SMEs, acquired 14 businesses in 2025 to build its scale Targeted M&A is a highly effective way to super-charge a company’s objectives as a complement to organic growth. Our sharp emphasis on supporting portfolio M&A has helped many in our portfolio to consolidate markets, expand geographically and add scale. We look forward to supporting further acquisitive-led growth in our portfolio in 2026. Flor Kassai Managing Partner, Inflexion Contact us Please contact us if you have any media enquiries Sarah Gestetner Partner, Head of Marketing & Communications sarah.gestetner@inflexion.com +44 (0)20 7487 9820 You may also like INSIGHTS JULY 2026 How Axiom is building a North American growth engine through M&A INSIGHTS JULY 2026 Buy and build platforms INSIGHTS JULY 2026 Why being local matters Previous slide Next slide