Inflexion invested in PMC Treasury, an independent provider of treasury and risk management solutions. The transaction sees Inflexion take a substantial minority stake in the business, with management re-investing as part of the deal. The investment is being made by Inflexion Enterprise Fund IV, Inflexion’s dedicated lower mid-market fund. Financial terms were not disclosed. Simon Turner, Managing Partner of Inflexion, commented: “PMC is a well respected business led by an outstanding management team in a growing market. We look forward to working closely with the experienced team led by Kevin Cooke to help the business expand further in Asia and the US. Together we will also assess opportunities to acquire new clients through new segments and potential acquisitions.”