Congratulations to Inprova on its MBO by NVM

GCS (formerly, GRAPH Strategy) is pleased to have provided sell-side Commercial Due Diligence to Inprova, a leading technology- and data-enabled procurement services business, on its management buyout backed by NVM Private Equity.

Headquartered in Cheshire, Inprova has more than 30 years’ experience in transforming procurement across the public, private and third sectors. Its proprietary technology platform, analytics capabilities and category expertise enable organisations to drive efficiency, improve compliance and deliver tangible outcomes across key areas such as construction and capital works, building safety, net zero carbon, and responsive and planned maintenance.

GCS’s work focused on evidencing Inprova’s strong market positioning, the scalability of its tech-enabled model, and the breadth of its customer and category relationships. This helped to showcase the company’s value proposition and growth prospects, underpinning the investment case for NVM.

The GCS team on the transaction was led by James Tetherton and Phil Craig, working alongside Steve Malone (Group CEO, Inprova) and his senior leadership team.

“We were pleased to support Inprova on this important milestone. The business has built a strong reputation as a tech-enabled procurement partner with clear opportunities for further growth, and we are delighted our work helped set the stage for a successful outcome.”

— James Tetherton, Founding Partner, GCS

This engagement builds on GCS’s significant prior experience in procurement technology, including our work with Bloom Procurement Services and Pagabo Group (formerly, The 55 Group), and demonstrates our expertise in supporting management teams to articulate the quality and resilience of their businesses in the market.