Private Equity

Inflexion triples money on sale of UK fibre specialist to Heathrow owner

The deal follows Inflexion’s acquisition of a majority stake of Manchester-headquartered cloud hosting provider UKFast last month

Mid-market firm Inflexion has tripled its investment with the sale of UK fibre optic network infrastructure business Glide to US-based private equity firm Alinda Capital, which also owns and operates Heathrow Airport.

The deal is valued at £200m, a person familiar with the transaction told Financial News's sister publication Private Equity News.

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