K2 Partnering Solutions receives investment from Inflexion Private Equity Fund
K2 Partnering Solutions has received a minority investment from Inflexion private equity fund. Inflexion is a mid-market private equity firm that invests in high-growth, entrepreneurial businesses with ambitious management teams and works in partnership with them to accelerate growth.
K2 was founded in London in 1997 by James McHugh and now operates from 17 locations around the world. K2’s elite enterprise software consultants support client projects in enterprise cloud and on-premise, big data, enterprise mobility, cybersecurity and artificial intelligence technologies.
Through Inflexion’s Partnership Capital solution, K2’s founder shareholder and his management team will retain a majority stake in the company. Inflexion’s investment will help expand the sales team, further broaden geographic reach and support continued diversification into emerging technology segments. In addition, Inflexion will use its senior talent network to help K2 source a highly regarded chairman.
Antonio Gulino, chief executive officer at K2, commented, “Since its inception, K2 has enjoyed two decades of innovative growth as demand for highly qualified and specialised IT consultants outstrips supply. We are excited to partner with Inflexion, an investor who understands our values, ambitions and brings valuable experience to our team, as we embark on the next phase of our journey.”
David Whileman, head of partnership capital at Inflexion, said, “Our Partnership Capital investment in K2 represents our fourth investment in as many months. Inflexion has known K2 for nearly 10 years, we are thrilled to have met the team’s investment ambitions with our tailored minority solution. K2 is a multinational business of scale, strong in the markets that mirror Inflexion’s local presence in Brazil and China. Capitalising on our track record in the recruitment and technology sectors we look forward to helping K2 accelerate its growth.”
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