Inflexion makes two hires

Inflexion Private Equity, a lower mid-market private equity firm, has made two hires in its London and Manchester offices. Malcolm Coffin has joined as investment executive in Inflexion’s Manchester office from NM Rothschild & Sons where he worked in the consumer product M&A team as assistant manager. While there, Coffin worked on AG Barr’s acquisition of Strathmore Mineral Water and Dairy Crest’s purchase of St Hubert. Before that, Coffin trained as a chartered accountant at Deloitte & Touche.

Gareth Healy has joined Inflexion’s London office as investment director. Previously, he was a managing director at Close Brothers, focused on advising private equity clients, as well as head of the IPO and management advisory practice and co-head of the technology team. Prior to his three years with Close Brothers, Healy spent seven years at UBS, acting as a director in the European technology team and the UK mid-market team. He originally trained as an accountant with PricewaterhouseCoopers.

Healy’s appointment follows that of Nicola Boyd as investment executive last October. The following month, Inflexion announced a £44m buyout of Eurotel, a provider of telephony services to SMEs in the UK. Simon Turner, managing partner of Inflexion, recently told Thomson Financial that Eurotel would be a “consolidator of other businesses”, suggesting a buy-and-build strategy for the Halifax and Coventry-based business.