CMO Compliance has completed a management buyout backed by private equity investor Inflexion.
CMO's collaboration with Inflexion coincides with the completion of the first stage in its long term business plan to develop the world's most configurable, versatile and user friendly HSE / GRC software solution.
In stage two of its long term plans, CMO is now collaborating with Inflexion who can bring capital for investment in areas such as customer support and sales and marketing.
The CMO executive team all remain in place. As part of the deal, Inflexion has introduced Loek Van den Boog as chairman. Boog is a highly experienced software industry veteran, who was head of Oracle EMEA, where he led rapid international expansion, and has held board and management positions with multiple global technology companies, supporting them through periods of high growth and rapid change.
Co-founder James Cotton says: "We are delighted that Inflexion has recognised the value of what we have established and share our ambition for the business. The partnership with Inflexion provides CMO with access to a network of international professionals to enhance our team and enables us to serve our customers more effectively in every major region of the world."
Inflexion is a mid-market investor with USD1.2bn in funds under management.
