Inflexion announces acquisition of Nomentia
By Nomentia
02-03-2023 | Nomentia | treasuryXL | LinkedIn |
Inflexion is pleased to announce it has entered into an agreement to acquire a majority stake in Nomentia, a leading European treasury and cash management software provider, from current investors PSG Equity (“PSG”), a leading growth equity firm partnering with software and technology-enabled services companies, and Verdane, a European specialist growth investor named one of the region’s most active software investors. The investment is being made by Inflexion Buyout Fund VI.
Jukka Sallinen, Nomentia CEO, commented on the news: “Nomentia has gone through an incredible journey under PSG and Verdane’s ownership. We’ve established Nomentia as one of the leading players in the European treasury and cash Management space. Going forward, Nomentia plans to be even better at serving customers in its current markets and new ones by bringing new and innovative features to a growing client base. Management is very excited to partner with Inflexion to accelerate the company’s growth further.”
Now it’s time to thank PSG and Verdane for the past years supporting Nomentia’s growth, and start a new chapter together with Inflexion.