Inflexion Private Equity’s Acquisition Of Aspen Pumps


Jones Day is advising Inflexion Private Equity Partners LLP, one of the UK’s leading mid-market private equity firms, on its acquisition of the Aspen Pumps group from 3i Group plc. The Firm is also advising on debt financing aspects of the transaction.

The investment is being made by Inflexion Buyout Fund V, Inflexion’s dedicated mid-market buyout fund. This will be Inflexion’s second period of ownership of Aspen, following a highly successful partnership between 2007 and 2015, during which EBITDA tripled.

Aspen is the global leader in the design, manufacture and distribution of mini pumps that remove condensate water from air conditioning and refrigeration systems. The group also sells a range of ancillary products for air conditioning installers and engineers. The company has offices and warehousing in the UK, France, Germany, USA and Australia. The group currently employs over 200 people and exports its products to over 100 countries.

The Jones Day team was led by Ben Shribman (Picture) and Liam Bonamy.

Involved fees earner: Liam Bonamy – Jones Day; Ben Shribman – Jones Day;

Law Firms: Jones Day;

Clients: Inflexion Private Equity;