By: 29 February 2024
Marlowe’s governance, risk, and compliance division bought by Inflexion

Inflexion has announced that it has agreed the acquisition of Marlowe plc’s governance, risk and compliance software and services assets (“GRC”) in a transaction valued at £430m. The investment is being made by Inflexion’s Buyout Fund VI.

Founded in 2019, Marlowe’s GRC division provides software and tech-enabled services to manage business risks and ensure customers remain compliant with legal and regulatory standards.

As part of the transaction, Alex Dacre, founder and chief executive officer of Marlowe, will step down to become chief executive officer of GRC. Together with Inflexion’s support, the standalone business will pursue an ambitious organic growth strategy through cross-selling of services, launching new software and investment in sales and marketing. This will be complemented by M&A to broaden the product offering and support international growth.

Inflexion has experience in carve-outs. This will be the fifth carve-out in three years following investments into GlobalData, Curinos, aosphere and Giacom.

Flor Kassai, partner and head of buyout at Inflexion, commented, “This governance, risk and compliance business operates in a fragmented, high growth market and has the potential to scale into a global leader. We look forward to utilising our strong sector experience and working with the management team to accelerate it’s growth both organically and through M&A.”

Alex Dacre, CEO and founder of Marlowe, said: “We are excited to be partnering with Inflexion to take our GRC business into its next phase of growth. Inflexion’s strong sector experience will be invaluable as we look to grow the business in both the UK and internationally.”

 

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Emma Cockings
Emma is a content editor for Claims Media. Emma is a experienced writer with a background in client-centric personal injury for a major firm. She has attended and reported on multiple brokerage events throughout her career.