European mid-market private equity firm Inflexion has invested in FDMUK, a provider of telecoms market share, pricing and proposition data across Europe. The investment is being made by Inflexion’s Enterprise Fund V.
According to a press statement, FDM has realised 150% growth over the last three years. Its point-of-sale and real-time pricing datasets are utilised by major UK broadband providers, mobile operators and price comparison websites, as well as global manufacturers.
Inflexion said that it would continue to support the continued growth of FDM including expanding the company’s geographic reach and product offering, with “dedicated investment set aside for strategic M&A and new technologies such as machine learning and AI to ensure the company continues to provide best-in-class datasets and insights”.
