Inflexion inks deal for stake in Daisy Group's cloud unit
January 4, 2021
Inflexion has agreed to acquire a minority stake in telecom company Daisy Group's cloud computing unit, Digital Wholesale Solutions, the Financial Times reports. The deals values the business at over £1 billion. Daisy Group completed a £1 billion refinancing led by Ares Capital in early 2019 after a failed attempt at finding a buyer led to the departure of its CEO the previous year.