Inflexion is to acquire a majority stake in Nomentia, a European treasury and cash management software provider, from current investors PSG Equity and Verdane. The investment is being made by Inflexion’s Buyout Fund VI.
Helsinki-headquartered Nomentia is a modular, cloud first software provider delivering a portfolio of solutions to the cash & treasury management segment around bank connectivity, payments, cash visibility and forecasting, trade finance, and risk & reporting.
Nomentia’s base of 1,400-plus blue chip customers spans a wide range of industries and geographies across Europe with the firm’s solutions used in over 80 countries to process more than €1.2 trillion of payments annually.
Following completion of the acquisition Inflexion says it aims to continue Nomentia’s growth across Europe both organically and through further acquisitions.
The investment is the fourth for Inflexion in the Nordics following its investment into EcoOnline earlier this year, the take-private of Infront in 2021, and the acquisition of Nordic Trustee by Inflexion portfolio company Ocorian that same year.
