Inflexion in £25.5m buyout of Asperity

first_img whatsapp Share Thursday 2 December 2010 7:10 pm KCS-content MID-MARKET private equity house Inflexion acquired Asperity Employee Benefits in a £25.5m buyout yesterday.Asperity, a market leader at providing employee benefits such as discount and reward schemes, has more than 500 clients including BSkyB, Aviva and Ladbrokes and attracts about £150m of retail spend through its platform each year.Inflexion co-founder John Hartz said Asperity was attractive due to its double-digit growth performance through the recession. The deal would support Asperity’s UK expansion plans and give it the firepower to make new acquisitions. “We have already started looking,” he said. Inflexion’s Simon Turner and Christian Hamilton will join the board while Asperity co-founder Glenn Elliott stays managing director. whatsapp Inflexion in £25.5m buyout of Asperity Tags: NULL More From Our Partners Russell Wilson, AOC among many voicing support for Naomi Osakacbsnews.comPolice Capture Elusive Tiger Poacher After 20 Years of Pursuing the Huntergoodnewsnetwork.orgA ProPublica investigation has caused outrage in the U.S. this weekvaluewalk.comWhy people are finding dryer sheets in their mailboxesnypost.comAstounding Fossil Discovery in California After Man Looks Closelygoodnewsnetwork.orgSupermodel Anne Vyalitsyna claims income drop, pushes for child supportnypost.comNative American Tribe Gets Back Sacred Island Taken 160 Years Agogoodnewsnetwork.orgBiden received funds from top Russia lobbyist before Nord Stream 2 giveawaynypost.comBrave 7-Year-old Boy Swims an Hour to Rescue His Dad and Little Show Comments ▼last_img

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