Mobica attracts investment from Inflexion

INFLEXION has completed a partnership capital minority investment in Mobica, an award-winning software development and integration services company headquartered in Manchester.

Founded in 2004 by the current chairman, Nick Stammers, Mobica is a rapidly growing provider of software engineering expertise.

With a team of more than 800 people across the UK, Poland, Mexico and the USA, the company focuses on multi-billion pound market verticals including semi-conductor and automotive.

Mobica has established itself as the development partner of choice to some of the world’s major technology companies by delivering innovative, cost-effective software solutions at the forefront of technological advances.

Stammer said the deal would take the business to “the next level”, adding: “Inflexion’s understanding of Mobica’s vision and culture, their financial capability and international reach, made them the perfect partner to support the continued growth of the business.

“All management shareholders are still invested in Mobica and it was important for us to maintain the values that have made the company so successful, while getting a partner to help with our expansion.”

Inflexion’s investment will help accelerate organic growth in Mobica’s engineering base to enable it to further develop their client’s next-generation mission-critical products and platforms.

Inflexion partner Catherine Richards said: “Mobica is a unique business, which operates at the cutting edge of technology and enables its customers to deliver products in key areas of rapid innovation such as in-car infotainment, Internet-of-Things applications, payment technologies, and semiconductor applications.

“Its skill-set and service is scalable both across sectors and internationally.

“It is another example of a ‘best-in-class’ business with an exceptional management team, similar to On the Beach, with which we enjoyed a successful partnership.”

Inflexion was advised by Innovation Advisors, DWF and PwC. Mobica was advised by GP Bullhound, law firm Gateley and PwC.

Close