Travers Smith LLP has advised Inflexion on the takeover of Infront ASA, a public company listed on the Oslo Stock Exchange.
Infront is a leading European provider of financial market data and software solutions currently listed on the Oslo Stock Exchange. The founders of Infront, CEO Kristian Nesbak and CIO Morten Lindeman, are reinvesting a portion of their proceeds alongside Inflexion. The investment is being made by Inflexion Buyout Fund V and Supplemental Fund IV. The business will be delisted shortly after the acquisition.
Headquartered in Oslo, Infront provides a suite of data and software solutions which allow financial institutions to manage investment decisions, reduce costs and comply with changing market requirements. The company serves more than 3,600 customers with over 90,000 professional users and has 500 employees across 13 countries in Europe and South Africa.