International law firm Addleshaw Goddard has advised private equity firm Inflexion on its investment in Cutwel, the leading UK specialist cutting tool distributor.

The investment in Cleckheaton-headquartered Cutwel is being made by Inflexion’s dedicated lower mid-market fund, Enterprise Fund V, alongside the management team led by Adam Gillard.

Founded in 1996, Cutwel serves over 13,000 customers in the precision engineering industry across a wide range of sectors, providing the largest range of cutting and machine tool accessories stocked in the UK for next-day delivery.

Inflexion will support the management team in driving growth, in particular through further scaling its sales team, continuing to leverage data and BI capabilities to drive performance, as well as enhancing its digital marketing offering to expand its customer base and further strengthen relationships with existing customers and suppliers. 

The AG team advising on the deal was led by Richard Hunt and included Dave Parker, Caera Loughran, Ed Ainscoe, Jack Irwin and Ozayr Makda.