Inflexion re-invests in K2 to support further growth

We have advised K2 Partnering Solutions, Inflexion's Partnership Capital fund and senior management on the sale of K2 to Inflexion's Buyout Fund VI.

This follows us having advised Inflexion on its Partnership Capital fund's first investment in K2 in 2017, along with supporting Inflexion and the K2 business on various transactions, including most recently K2's acquisition of international recruitment agency, Marlin Green. 

K2 is a leader in the provision of human capital, talent and solutions to global corporations and systems integrators operating in the enormous and high growth ERP and cloud technology environments. The business serves over 520 clients globally from its 750,000 contractors across 19 offices in North America, Latin America, Europe and Asia Pacific.

Over the past five years, Inflexion has worked closely with K2 to develop an international offering of scale, completing five add-on acquisitions in the US, Asia and Europe to broaden K2’s product and geographic offering. Inflexion also supported significant investment into talent, technology and infrastructure, while Inflexion’s local teams provided strong on-the-ground expertise in North America and Latin America.

Commenting on the transaction, Private Equity partner James Goold said: "We are very pleased to have advised on this transaction which will enable K2 to further accelerate its strong international growth with Inflexion's continued backing. We look forward to seeing what the business goes on to achieve in this exciting next chapter."

Andrew Mainwaring, Partner at Inflexion, added: "K2 has grown impressively since our original investment in 2017. The deal represents a successful investment for our Partnership Capital fund and we are delighted Inflexion will continue to be part of its ongoing successful journey through the Buyout fund's investment. It was great working with the excellent Taylor Wessing team once again and we thank them for providing highly commercial advice and a seamless service through a complex global transaction."

This transaction was led by partner James Goold with support from senior associate Alex Walker and associates Omar Amin, Alice Picton and Alex Stones in the Corporate team.

Additional support was provided by:

Banking & Finance

• Martin Yells, partner
• Katie Horbury, senior associate
• Amy Edwards-Knight, associate
• Kat Everington, associate
• Alexander Swayne, associate

Commercial Tech & Data

• Sian Skelton, partner
• Megan Lukins, associate

Competition, EU & Trade

• Paolo Palmigiano, partner
• Elisabetta Rotondo, senior associate

Disputes & Investigations

• David de Ferrars, partner
• Nick Maday, senior associate

Employment, Pensions & Mobility

• Helen Farr, partner

Tax & Incentives

• Ann Casey, partner
• Liz Wilson, partner

• Sally Robertson, senior associate
• Freddie Knottenbelt, associate