£19.6m investment in Intralink

3 July 2023

Mobeus has made a £19.6m minority investment in Intralink Group, a business development and innovation consultancy that specialises in securing commercial deals between western and Asian tech and sustainability businesses.

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Intralink enables western companies to expand in Asia, Asian corporates to harness the power of international innovation, and governments to grow their exports and attract foreign investment.

The company’s mission is to accelerate clients’ growth, innovation and green transition through cost-effective, results-driven global engagement. For many export-oriented technology firms, Intralink’s teams and networks on the ground present a highly attractive way of cost-effectively accessing distant, fast-growth markets.

Intralink is headquartered in Abingdon, Oxfordshire, and has more than 130 employees operating from 14 offices across Japan, China, Korea, Taiwan, the USA and Europe. With a 33-year track record, the company has been awarded the Queen’s Award for Enterprise and, in the US, the President’s E Award for Export Services.

The success of its business model has led to rapid growth, with revenues almost doubling over the last three years.

Mobeus’s investment will enable the business to extend its coverage further across Asia, with plans to expand in the ASEAN region and Indian sub-continent, whilst building on its expertise in B2B tech and sustainability.

Intralink is the fifth investment made by Mobeus’s latest UK-focused lower mid-market buyout fund, Mobeus V, and it builds on Mobeus’s deep expertise in growing human capital businesses. Recent exits by Mobeus in this sector include technology public policy adviser Access Partnership (4.4x return) and product design specialist Kinneir Dufort (2.8x return).

The investment in Intralink was led by Chris Price, who will join the Intralink board after completion, and Freddie Bacon with transaction support from Samira Aminzare and George Chatzimanolis. The transaction was originated by George Chatzimanolis as part of Mobeus’s direct origination activities.

Chris Price, Mobeus Partner, observed: “Intralink facilitates complex international trade, working for western scale-ups, large East Asian corporates and governments, helping to bridge language, cultural and commercial barriers. Access to the Asian market is fundamental to the strategy of almost every high-growth tech business around the globe. All VC and PE-backed scale-ups as well as corporates interested in foreign innovation should have Intralink on their radar as the means to bridge the divide.”

Mobeus was advised by RSM (financial and tax DD), DC Advisory (buy-side support), CIL (commercial DD), Gowling WLG (legal), Grant Thornton (tax structuring), Chief People Office (HR) and Sustainable Advantage (ESG). HMT provided corporate finance advice and Freeths legal advice to the shareholders.

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