Inflexion Private Equity Partners has sold Pims Group, the wastewater services company, to US buyer Xylem, a water technology company, for a headline price of $57 million. Taylor Wessing advised Inflexion.
Taylor Wessing, the international law firm, has advised Inflexion Private Equity Partners on the sale of Pims Group, the wastewater services company, to US buyer Xylem Inc, a leading global water technology company, for a headline price of $57m.
The transaction is the first instruction for the firm from new client Inflexion and follows Partner James Goold’s recent arrival from Jones Day.
James, who led the transaction, commented:
“I am delighted to have completed this disposal for Inflexion so soon after my arrival at Taylor Wessing. Having acted for Inflexion on the original buy-out of the Pims Group, and subsequent acquisitions, it is very satisfying to see the investment through to a successful exit. I wish Pims all the best under its new ownership”
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