Interview John Hartz, Co-founder and Managing Partner - Inflexion

In this interview, John Hartz, Managing Partner and co-founderInflexion, discusses the history, strategy, and positioning of this mid-market private equity firm, which was founded in London in 1999. Since its inception, Inflexion built its business around an entrepreneurial approach, based on direct deal origination and supporting management teams in their growth initiatives.Inflexion gradually establishedInflexion as a major player in mid-market private equity in Northern Europe, with a presence in the United Kingdom, the Netherlands, Sweden, and Germany. The firm invests primarily in high-growth, high-margin companies, with a focus on promising sectors such as healthcare, business services, and financial services. One ofInflexion key differentiatorsInflexion its entrepreneurial culture. A significant portion of its investments involves companies welcoming a financial investor for the first time. This approach allows Inflexion work directly with founders and executives, offering tailored solutions—whether through buyouts or minority investments via its Partnership Capital strategy. John Hartz specifically highlights the first two investments of the Partnership Capital III fund, to which Altaroc Odyssey is exposed. Global Data Healthcare illustrates a complex carve-out transaction involving data critical to the pharmaceutical industry, while Easyfairs represents an investment alongside an entrepreneur in the business events sector. These two examples reflectInflexion approachInflexion identifying high-quality companies, building long-term relationships with management, and supporting them in their international expansion and professionalization.The interview also addresses the state of the private equity market. Despite a context marked by higher interest rates and a slowdown in exits, Inflexion confident in its ability to invest in attractive companies. The firm highlights the discipline of its strategy, focused on high-growth companies, as well as its ability to execute exits in a more complex market.In the medium and long term, John Hartz believes that private equity will continue to play an increasingly important role, particularly for mid-sized entrepreneurial companies that find it more difficult to find their place in public markets. Private equity thus emerges as a financing and support solution well-suited to ambitious companies, thanks to the alignment of interests, operational resources, and sector-specific expertise provided by the funds.