Announced
Completed
Financials
Tags
Private Equity
Single Bidder
telematics
Digital Services
United Kingdom
Friendly
Completed
fleet payments
Minority
Acquisition
Private
Synopsis
Inflexion, a mid-market private equity firm, completed the $200m investment in Radius Payment Solutions, fleet payments and telematics provider to small and medium-sized fleets across Europe, North America and Asia. "We’ve achieved rapid growth of customer numbers and revenue over the last few years through the development of innovative new products and services, acquisitions and through expansion into new countries and markets. We’ve been exploring ways in which we can achieve the next stage of our growth and believe Inflexion Partnership Capital has the right culture, expertise and support to grow the business further with its exciting overseas network," Bill Holmes, Radius CEO and Founder.
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