M&A Deal Summary

Inflexion Acquires Atcore Technology Group

On November 14, 2017, private equity firm Inflexion acquired information technology company Atcore Technology Group from LDC

Acquisition Highlights
  • This is Inflexion’s 5th transaction in the Information Technology sector.
  • This is Inflexion’s 52nd transaction in the United Kingdom.
Investment Fate
  • Atcore Technology Group was sold to a consortium of financial buyers in 2018.
  • Atcore Technology Group was sold to a strategic buyer in 2024.

M&A Deal Summary

Date 2017-11-14
Target Atcore Technology Group
Sector Information Technology
Buyer(s) Inflexion
Sellers(s) LDC
Deal Type Secondary Buyout

Target

Atcore Technology Group

Slough, United Kingdom
Atcore Technology Group is a travel technology company which provides specialist software platforms for the global leisure travel sector. It comprises of two principal platforms, Atcom and Tigerbay. Atcom designs, builds and maintains reservation software for leading global tour operators. Its proprietary reservation system is highly complex, and supports sophisticated business models which allow clients to manage large volumes of search requests, optimise customer experience and enhance profitability. Atcore Technology Group was founded in 1999 and is based in Slough, United Kingdom.

Search 215,058 Deals Now

SEARCH BY

  • Buyer Type (PE or Strategic)
  • Deal Size ($10M to $10B+)
  • Sector (60 Sectors)
  • Deal Type
  • Geography
  • & More

Try Free

Buyer(S) 1

Buyer

Inflexion

London, United Kingdom

Investor Investor Investor Investor Investor


Category Private Equity Firm
Founded 1999
PE ASSETS 10.0B GBP
Size Mega
Type Sector Agnostic
DESCRIPTION

Inflexion is a private equity firm that specializes in investments in UK-based founder and family-owned businesses. Broad areas of interest include consumer products/services, business services, healthcare, industrials, technology, and financial services. The Firm's target investment size is £10 to £500 million. Inflexion was formed in 1999 and is based in London.


DEAL STATS #
Overall 54 of 124
Sector: Information Technology M&A 5 of 15
Type: Secondary Buyout M&A Deals 16 of 25
Country: United Kingdom M&A 52 of 105
Year: 2017 M&A 9 of 11
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2017-11-01 Bollington Insurance Brokers

Adlington, United Kingdom

Bollington was founded in 1973 as a local community broker and has since grown organically and through acquisitions to become a sizeable broker specializing in mid-market commercial, niche lines, and SME & micro-SME businesses as well as personal lines. The business is based in the North West of England, operates seven offices and employs 420 risk professionals, and has over 230,000 customers.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2017-11-24 Flooid

Coventry, United Kingdom

Flooid is a provider of point-of-sale (POS) software for major retailers such as Walgreens, John Lewis and Arcadia Group. Flooid offers an integrated unified commerce platform for retail selling points for in-store (POS, self-checkout, self-scan) or cloud-hosted environments (eCommerce, mobile). This software is paramount in the digital retail environment creating a seamless shopping experience for customers regardless of their location and facilitating ‘on-the-go’ retail transactions. Flooid was founded in 1982 and is based in Coventry, United Kingdom.

Buy -

Seller(S) 1

SELLER

LDC

London, United Kingdom

Investor Investor Investor Investor Investor


Category Private Equity Firm
Founded 1981
PE ASSETS 3.9B GBP
Size Large
Type Sector Agnostic
DESCRIPTION

LDC is the private equity and investment arm of Lloyds Banking Group. LDC invests in mid-market companies throughout the UK. LDC seeks high growth businesses with at least two years of profitability (greater than £1 million). The Firm looks to commit £2 to £100 million in companies generating at least £5 million in revenue. Areas of interest include cleantech/environmental, construction/property, financial services, healthcare, industrials, retail/consumer, support services, TMT and travel/leisure. Prospective transaction types includes acquisition financings, development capital, equity release, MBOs, MBIs, mergers, private placements, and secondary buy-outs. LDC was formed in 1981 and is based in London.


DEAL STATS #
Overall 119 of 210
Sector: Information Technology M&A 6 of 16
Type: Secondary Buyout M&A Deals 37 of 77
Country: United Kingdom M&A 114 of 204
Year: 2017 M&A 14 of 16
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2017-11-10 Eque2

Maidenhead, United Kingdom

Eque2 provides business management software to customers in the construction, housebuilding, and contracting industries. The company's software enables builders, contractors, architects, engineers, and estimators to integrate the commercial and financial aspects of their business, driving efficiencies and ultimately improving profitability. Eque2 was founded in 2013 and is based in Maidenhead, United Kingdom.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2017-12-18 ZyroFisher

Darlington, United Kingdom

ZyroFisher is a cycling parts and accessories distributor. ZyroFisher distributes a massive range of market-leading branded products designed to enhance your cycling experience – increasing safety, comfort, and enjoyment for every cyclist. ZyroFisher was founded in 1995 and is based in Darlington, United Kingdom.

Sell -