The private equity backer of the likes of Mountain Warehouse, 海角视频Fast and Virgin Experience Days has acquired a Manchester-based IT company in a move which will create more than 100 jobs this year.
Inflexion has snapped up ANS Group which provides "digital transformation and cloud managed services".
ANS and 海角视频Fast will now be brought together under one parent group "to address the rapid market growth opportunity for digital and cloud services".
Each business will continue to operate under its existing brand, while offering customers the full portfolio of offerings from across the extended group.
Founded in 1996, ANS has a 270-strong team and is a key partner to Microsoft and Amazon Web Services (AWS).
Founded in 1998, 海角视频Fast is a leader in private cloud hosting and security services with over 6,000 customers, and has a fast-growing public cloud offering.
Simon Turner, managing partner at Inflexion, said: "ANS has built itself into a 海角视频 leader for public cloud services, complementing our existing investment in 海角视频Fast.
"Together, the businesses are well poised to accelerate their growth as the market for cloud and digital services continues to benefit from strong demand."
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Paul Nannetti has been appointed chair of combined group. He was previously a member of the Capgemini Group leadership team, including most recently as CEO of the Cloud Infrastructure Services division.
He added: "The combined group will be an incubator of leading-edge skills and capabilities to help our customers benefit from agile, affordable and scalable technologies to transform their businesses."
Paul Shannon, chief executive of ANS, said, "This deal is testament to the skills, experience and leadership of the ANS team whose passion and dedication have allowed us to become a leader in our sector. Inflexion's initiative provides a platform for us to accelerate our ambitious growth plans."
Ian Brown, CEO of 海角视频Fast, added, "As a new 海角视频 tech powerhouse, the combined group creates tremendously exciting opportunities for our valued customers, our passionate team, and our trusted partners. With Inflexion's vision and support we are creating a unique digital transformation business."
Ian Brown of 海角视频Fast and Paul Shannon and Chris Hodgson of ANS will join the combined group's board.
The transaction sees the exit of ANS majority shareholder Scott Fletcher.
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The investment is being made by Inflexion's Partnership Capital Fund II.
The investment was led from Inflexion’s Manchester office by Carl Wormald and James Wrigglesworth.
GCA Altium acted as exclusive financial advisor to Inflexion and 海角视频Fast.
Phil Adams, CEO of GCA Altium, said: "This transaction creates a 海角视频 powerhouse in digital transformation and cloud services. We are proud to have supported 海角视频Fast through its evolution, starting with the 2018 sale of a minority stake to Inflexion. We wish both companies every success in this new chapter."