22 Jul 2022
by IPE Ventures

IPE Ventures acquires I4 Pay Partners Ltd

IPE Ventures, the private equity arm of the IPE Group, has today announced the acquisition of I4 Pay Partners, a leading Umbrella Payroll Services provider to the Veterinary, Education and Public Sectors.

The Founders of I4 are staying on to effect a seamless transition to the acquirer’s Payroll platform. I4 will continue to build its brand and run independently. Post-acquisition growth capital funding has been committed by IPE to facilitate further growth in I4.

I4 joins Payme Ltd, a high growth FCSA Umbrella company previously acquired by IPEV, to expand the IPE payroll platform.

Adam Fletcher, Group CEO, IPE Ventures commented:

We are extremely excited to welcome the I4 team on board. The business has grown quickly and has great potential for further expansion. I4’s heritage is based upon compliance and customer service, perfectly aligning with our payroll platform values.

The buyside team was led by Adam Fletcher, supported by Optima Corporate Finance (lead advisory), Saffery Champness (financial due diligence) and Fladgate (legal advisory). Sell side professional advisors were MHA Moore & Smalley (Corporate Finance) and TLT (legal).