Inflexion has taken a stake in TC Group
June 2023 — Inflexion, a leading mid-market private equity firm, has invested into TC Group, a provider of accountancy and taxation services to UK SMEs. TC Group has a strong track record of organic growth and through acquisition, with 28 completed to date and a strong pipeline of further opportunities. Inflexion will support the business as it continues its strategy to consolidate the fragmented market. The investment is being made from Enterprise Fund V, Inflexion’s dedicated lower mid-market fund.
Inflexion is one of the UK’s leading independent mid-market private equity houses, investing in high growth, entrepreneurial businesses with ambitious management teams, working with them to deliver growth.
TC Group is an accountancy age ‘Top 30’ firm that provides bespoke, high-quality accounting, bookkeeping, tax, audit and payroll services. It operates through 29 local offices throughout the UK with over 500 employees servicing almost 15,000 customers and has a successful track record of M&A and profitability. TC focuses on enabling partners to retain their autonomy and grow their income whilst providing industry leading infrastructure and support.
Our role in the transaction
Oaklins Cavendish, based in the UK, advised Inflexion in this transaction.
Malcolm Coffin
Partner and Head of Enterprise Fund, Inflexion
Talk to the deal team
Related deals
Nymann Kloak- & Miljøservice has been acquired by Serwent Group
Nymann Kloak- & Miljøservice has been acquired by Serwent Group. The acquisition expands Serwent’s footprint in Denmark while broadening its service offering and strengthening capacity across its existing platform. This transaction further supports Serwent’s ambition to become the leading Nordic operator in underground infrastructure maintenance.
Learn moreHeka Dental has joined forces with Impilo to anchor focused buy-and-build strategy
Heka Dental, a leading Danish designer and manufacturer of premium dental treatment units, has been acquired by the Swedish private equity firm Impilo. The acquisition establishes Heka Dental as a strategic platform for consolidation in the European dental equipment market. Impilo will execute a focused buy-and-build strategy to accelerate growth and expand its footprint across Europe.
Learn moreGP-Connect has joined forces with Transformation Capital to accelerate growth
Transformation Capital, a Netherlands-based investment firm, has joined forces with GP-Connect, a leading international secondment platform with specialized brands serving the hospitality, IT, skilled labor, technical services and dental sectors. As part of the transaction, GP-Connect welcomes Transformation Capital as its new shareholder to support the company’s next phase of growth, while the founders and existing shareholders will remain actively involved. The partnership will focus on executing a targeted buy-and-build strategy, expanding the business internationally and further strengthening GP-Connect’s portfolio.
Learn more