Perwyn acquires VIXIO Regulatory Intelligence from Kester Capital

By Gloria Methri

European private equity investor Perwyn has acquired VIXIO Regulatory Intelligence from Kester Capital. Headquartered in London, VIXIO provides data and intelligence to the payments and gambling industries.

Perwyn will invest behind the VIXIO management team to expand the depth of the intelligence platforms, increase geographic penetration, widen the product set, and move into adjacent markets. The funding model at Perwyn will also allow the investment team to focus its time and energy on helping VIXIO to achieve its growth plans.

Mike Woolfrey, VIXIO CEO, said, “We are delighted to be working with Perwyn at a pivotal time in our development. We are particularly impressed by their track record in partnering and supporting exceptional companies to achieve ambitious plans on a global scale and look forward to working with them on helping VIXIO fulfill its potential.”

Gurinder Sunner, Partner at Perwyn, said, “We are delighted to be partnering with the VIXIO team and support their ambitious growth plans. Already the market leader, we will be investing to enhance and increase the product offering and geographic coverage whilst maintaining and enhancing its leading reputation as the go-to provider for regulatory intelligence in both the payments and gambling market.”

Kester Capital, one of the UK’s leading lower mid-market private equity firms, became VIXIO’s principal investor in 2019.

Adam Maidment, Managing Partner at Kester Capital, said, “We would like to thank Mike Woolfrey, VIXIO’s CEO, and his team for their phenomenal efforts over the last three years in building the business into the world’s leading provider of regulatory intelligence within its target sectors. It has been a pleasure to have worked with such a high-quality business and we wish the management team every success in the future.”

The acquisition of VIXIO by Perwyn will also see Gehan Talwatte join VIXIO’s board of directors as independent chair. Former chair David Gilbertson will depart VIXIO, after being involved in the business as an advisor and director for more than a decade.