Engagement — Platform Due Diligence
Code & Co. conducted Tech & Product Due Diligence for Inflexion in preparation for its investment in Mecenat Group AB (“Mecenat), a leading closed user group consumer loyalty platform.
Inflexion, a leading European mid-market private equity firm, has announced its investment in Mecenat Group AB (“Mecenat” or “the Group”), a prominent closed user group consumer loyalty platform headquartered in Sweden. This marks the first investment from Inflexion’s Enterprise Fund VI, which reached its hard cap of £975 million in September.
Scope of work
Code & Co. conducted a comprehensive audit of Mecenat’s platform, reviewing its architecture, infrastructure, technology stack, cybersecurity measures, and open-source practices.
Additionally, Code & Co. analyzed Mecenat’s product roadmap, its plans to expand AI/ML capabilities, and support geographic growth. The audit also covered Mecenat’s team structure, software development lifecycle, and testing practices.
About Mecenat Group
Mecenat Group is a marketing and brand awareness platform that connects students, young professionals/alumni and seniors in Sweden and Finland with well-known brands. Mecenat offers unique discounts to its members through its platform, and partners with brands such as Apple, Microsoft, HP, Adidas, H&M, and Hotels.com. For more information, visit mecenat.com.
About Inflexion
Inflexion is a leading European mid-market private equity firm, investing in high growth, entrepreneurial businesses with ambitious management teams and working in partnership with them to accelerate growth. Inflexion’s flexible approach allows it to back both majority and minority investments. With bespoke teams and dedicated capital, Inflexion’s funds invest across a variety of sectors from offices in London, Manchester, Amsterdam, Stockholm & Frankfurt. Inflexion helps businesses achieve the next stage of growth through international expansion, mergers & acquisitions, digital enhancement, commercial strategy, talent management, ESG, and access to Inflexion’s global network. It also benefits from international experts covering Asia and the Americas dedicated to portfolio development, enabling investee companies to benefit from privileged access to these fast-growth markets. Read more at www.inflexion.com.