Clearwater International advises Inflexion on its majority investment in Sparta Global
Clearwater International has provided buy-side support to mid-market private equity firm, Inflexion, on its majority investment in Sparta Global (Sparta), an innovative technology and training services provider. The investment is being made by Inflexion Enterprise Fund V, Inflexion’s lower mid‐market fund.
Sparta trains graduates in a range of technology skills and then deploys “Spartans” in relevant roles with its clients, plugging the skills gap between university education and technology and business professionals. Sparta’s graduates come from a diverse range of backgrounds before being trained in one of the firm’s programmes which cover in demand technology areas such as data engineering, software engineering, DevOps and business analysis.
By ensuring its own intake is diverse, Sparta helps its clients achieve their own diversity and inclusion (D&I) objectives, and also provides advice around initiatives to improve D&I. The business benefits from a strong client base of UK corporates and public sector clients, including BUPA, Channel 4, Deloitte, Royal Bank of Scotland and The Home Office.
Through the transaction, Inflexion will draw on its deep experience in the technology and training services market to build on Sparta’s impressive growth profile, including its investment in FDM, which saw profits grow five-fold during its partnership before successfully floating on the LSE in 2014. Inflexion are also currently working with Netherlands-based online IT recruitment and training services business Calco as well as global resourcing specialist K2 Partnering Solutions, both of whom are operating in similar markets.