IntelliFlo Receives Majority Investment from HgCapital

IntelliFlo, a London, UK-based (Software as a Service) provider of front and back office software to financial advisors, advisor networks and brokers, received a majority investment from HgCapital.

The amount of the deal was not disclosed. Following the transaction, which will close in early August, the senior management led by Nick Eatock will retain a “significant” interest in the company.

HgCapital made the investment via its Mercury Fund.

Led by CEO Nick Eatock, IntelliFlo provides SaaS software used by nearly ten thousand advisors and administrators use on a daily basis to manage front and back-office workflows and to respond to consumer and regulatory needs.

The company will use the proceeds to continue to invest in product development.



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