Lumera Acquires ITM from Inflexion

July 1, 2024

Sweden-based, private equity‑backed insurtech Lumera has acquired ITM, a UK data services and technology specialist for the pensions market, from Inflexion. ITM provides proprietary software and technology‑enabled services including data audit, management, administration and migration and was supported by Inflexion through M&A and international expansion. Lumera says the deal strengthens its UK presence and complements its life & pensions technology and data services portfolio.

Buyers
Lumera
Targets
ITM
Sellers
Inflexion
Location
Surrey, United Kingdom
Transaction Type
Divestiture

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