Inflexion Private Equity has completed a minority investment in UKFast, a UK cloud hosting provider. The deal sees the firm valued at £405m ($511m). Manchester-based UKFast has grown to become the UK’s largest privately-owned hosting provider. UKFast offers market-leading cloud and hosting platforms for businesses and government organisations to outsource critical IT infrastructure. "UKFast has proven itself as a market leader, with its 350 strong team providing exemplary levels of customer service alongside superior technical performance. Acknowledging the industry’s increasing appetite for public cloud, UKFast’s management launched ClearCloud in 2018, thereby enhancing its offering to existing clients as well as opening the door to new ones. We look forward to working with management to support them to accelerate growth." Simon Turner, Inflexion Managing Partner.