May 2018
Opus advises on sale of ITM to management team backed by Inflexion
Category: Deal Announcement
Opus is delighted to have advised the shareholders of Independent Transition Management Limited (ITM) on the sale of the company to a highly experienced management buy-out team, as backed by Inflexion Private Equity.
ITM is the leading provider of specialist data services to the pensions industry and offers data audit, management and technology solutions to a large number of clients including pension funds, administrators, insurers and other financial services groups.
ITM was set up by the founders Guy Ridley, Grant Stanley, and Daniel Hockley 15 years ago and this transaction fully met their objectives in terms both of capital realised and providing a clean break from the business to pursue other interests.
Mark Speller, Craig Hassall, and Joanna Chen advised on the transaction, building further on Opus’ strong track record in the Financial Services sector and private equity backed transactions.