A rapidly growing provider of field service management (FSM) software – software which supports the management of a company’s field-based workforce – UK-based Re-flow specialises in serving the critical infrastructure industry, principally across infrastructure, utilities and construction.
Kester is a leading UK private equity investor focused on the technology and healthcare sectors. Its latest investment in Re-flow represents its fifth investment out of its latest fund, Kester Capital III, which closed at its hard cap of £200 million in March 2024.
The deal with Re-flow follows Kester’s acquisition of EMAS Pharma in December 2024, as well as its buy-out of The Boundary in July 2024 – both of which were advised by Simmons.
The Simmons team supporting Kester was led by Tim Hewens and Richard Kyle – partners in the firm’s private equity team.
Corporate partner Tim Hewens, said: “Our team is pleased to have brought both its private equity and technology sector expertise to advise Kester on this strategic investment in a leading UK software company. Re-flow has seen really impressive growth and developed a strong reputation; this exciting agreement with Kester will take the business to the next level.”
