Clearwater International UK advises Inflexion-backed ITM on securing a new financing package

Clearwater International UK has provided debt advisory services to Inflexion Private Equity (Inflexion), securing a new financing facility from Lloyds Bank for its portfolio company, Independent Transition Management Ltd (ITM).

ITM is the leading provider of specialist data services to the pensions and financial services markets. Founded in 2003, it specialises in technology-led data audit, management administration and migration services. The business works with pension funds, providers, trusts and administrators as well as other generalist financial institutions.

The company utilises proprietary software and specialist expertise to provide critical and complex data services for its blue-chip clients in the private and public sectors. With a head office in London, ITM currently employs 120 staff across the UK, with additional offices in Guildford and Edinburgh.

This transaction with Lloyds Bank follows the management buyout of ITM, completed by Inflexion in May 2018, on which Clearwater International also advised.

  • Image of Inflexion Private Equity Company Logo
    secured a new financing facility from
    Image of Lloyds Bank Company Logo
    for its portfolio company
    Image of Independent Transition Management Ltd Company Logo
    Refinance
    Undisclosed
    Clearwater Berater

    Adviser to Inflexion Private Equity , securing a new financing facility from Lloyds Bank for its portfolio company Independent Transition Management Ltd

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