Inflexion to acquire Nomentia

• Inflexion will buy the firm from its current investors PSG Equity and Verdane
• Inflexion’s investment in Nomentia marks its fourth in the Nordics
• It is a mid-market private equity firm headquartered in London that invests £10m to £400m of equity in each deal

Inflexion Private Equity Partners will acquire a majority stake in Nomentia from PSG Equity and Verdane. No financial details of the transaction were disclosed.

Nomentia, headquartered in Helsinki, is a European treasury and cash management software provider. The firm processes over €1.2 trillion of payments through its bank connections annually.

Inflexion will make the investment via its Inflexion Buyout Fund VI. The transaction is subject to regulatory approvals.

“Now is the right time for the business to accelerate its growth across Europe whilst continuing to maintain its high level of customer service,” said Flor Kassai, partner at Inflexion and head of Buyout Fund.

Nomentia intends to accelerate its growth across Europe both organically and through further acquisitions, according to a release.

Inflexion’s investment in Nomentia marks its fourth in the Nordics, following its investment in EcoOnline in January.  

Inflexion, a mid-market private equity firm headquartered in London, invests £10 million to £400 million of equity in each deal. The funds advised by Inflexion Private Equity Partners have funds under management of around €9 billion.

PSG, based in Boston, Massachusetts, is a growth equity firm that partners with software and technology-enabled services companies.

Verdane is a growth investment firm that partners with tech-enabled and sustainable European businesses. The firm is based in Oslo, Norway.