Inflexion, the quoted UK mid-market private equity firm, has placed Geoff Westmore on its advisory panel, where he will guide young investee companies on their development strategies.
He joins Helen Alexander, CEO of the Economist Group, Andrew Burns, finance director of Luminar Leisure, Richard Humphries, former CEO of Saatchi & Saatchi advertising worldwide and Roger Laughton, former CEO of United News & Media.
Previously Westmore was a partner at PricewaterhouseCoopers, where he was global leader of transactions services and strategic mergers and acquisitions. In this role he was involved in more than 100 deals with a total value of around £50bn.
His experience also includes more than 20 flotations such as London Electricity, Wilson Bowden and New Look. He has also acted for a number of corporates including The Post Office, Kingfisher and Shell.
According to Westmore private equity firms have been increasing their average deal size, which presents a firm such as Inflexion with increased opportunities in the mid-market where the vast majority of deals are now taking place. “As such I believe Inflexion is capable of becoming a major player in this segment of the market.”
Inflexion is a listed mid-market private equity firm with a focus on buyouts and development capital injections primarily in the UK, but also Western Europe. It has raised around £30m to date. The firm looks at companies operating in the commercial and industrial sectors that have an enterprise value of up to £100m. It has injected capital into a number of companies including £3.3m into ant and £5m into Connextra.
John Hartz and Simon Turner, who previously ran Daiwa’s European private equity division, manage the firm.
Inflexion adds to advisory board
The mid-market private equity firm has appointed Geoff Westmore to its advisory panel to look after early stage investments.