Inflexion invests in Salto Systems
The investment is part of a shareholder reorganization that saw Alantra Private Equity exit its Fund III holding while reinvesting through Fund IV and a co-investment vehicle.
Takeaways
- Salto Systems is a global leader in smart access and identity solutions.
- Inflexion Private Equity Partners is investing in Salto Systems.
- The source materials place the business in Spain.
Salto Systems, a global smart access and identity solutions provider, received a minority investment from Inflexion Private Equity Partners as part of a broader shareholder reorganization.
Alantra Private Equity exited its Fund III position in the company while redeploying capital through Fund IV and a dedicated co-investment vehicle, with Sofina, Peninsula Capital Partners and other minority shareholders also selling.
Headquartered in Oyarzun, Spain, Salto has grown revenue sixfold to over €460 million since Alantra first backed the company in 2013, and now employs more than 1,850 people across 50 offices worldwide.
The co-investment vehicle is anchored by Indar Kartera, while new shareholders Asúa Inversiones, Beraunberri and Key Wolf also joined alongside Inflexion.
The transaction preserves the founders and long-standing local investors as majority shareholders.
Get Buyout Desk email updates.
Yesterday's platforms, add-ons, recaps, and exits, cleaned up on the site. Email updates are not on a fixed schedule.