BES Group is a leading Testing, Inspection Certification and Compliance organisation, providing their customers with the very best end-to-end risk management solutions. With roots that go back as far as 1859, today the company has over 1,000 highly trained Engineer Surveyors and Consultant Engineers, strong customer support systems and a wealth of technical expertise. The narrative of success is dual strategy: fostering organic growth and orchestrating strategic acquisitions, with BES Group successfully acquiring 15 companies with our support.

Commenting on the deal, Stuart Mathieson, Head of Europe and APAC Private Credit, said: “We are delighted to have continued our support of BES Group. This deal represents one of many follow on commitments we have provided to the company and demonstrates our ongoing commitment to supporting Inflexion and their growth ambitions for BES Group.”

James Reeves BES Group CFO said: “Barings have been a very supportive debt partner over the past four years supporting us on 15 acquisitions and the additional secured credit facilities will enable us to continue our ambitious buy and build strategy in the Testing, Inspection, Certification and Compliance industry in the UK and internationally.”

Phil Edmans, Partner at Inflexion said: "We are thankful for Barings, Park Square Capital and SMBC Bank International's continued support of BES Group. The transaction enables BES to continue its buy and build strategy across the Testing, Inspection, Certification and Compliance markets in the UK and Internationally."

About Barings
Barings is a $406+ billion* global investment manager sourcing differentiated opportunities and building long-term portfolios across public and private fixed income, real estate, and specialist equity markets. With investment professionals based in North America, Europe and Asia Pacific, the firm, a subsidiary of MassMutual, aims to serve its clients, communities and employees, and is committed to sustainable practices and responsible investment.

*Assets under management as of March 31, 2024

About Inflexion
Now celebrating its 25^th year, Inflexion is a leading mid-market private equity firm, investing in established high growth businesses for a minority or majority stake. Inflexion has backed over 110 entrepreneurial businesses, and together with them, has driven innovation, entered new markets around the world and employed thousands of people. The company manages £10bn on behalf of a global investor base.

Media Contacts
Barings@secnewgate.co.uk / Mediarelations@barings.com