# 3i sells Aspen Pumps to Inflexion Private Equity for about GBP 208 million

3i agreed to sell its investment in Aspen Pumps, a global condensate removal pump maker, to Inflexion Private Equity for proceeds of about GBP 208 million. The announcement was made on December 18, 2019.

- Type: Acquisition
- Announced: 2019-12-18
- Where: United Kingdom
- Value: $272.0M (208.0M GBP)
- Status: announced
- Products: condensate removal pumps
- Sectors: [Pumps and Valves](https://endata.com/sectors/pumps-valves.md)

## Companies

- [3i Group](https://endata.com/companies/5917.md) (partner)
- [Inflexion Private Equity](https://endata.com/companies/5918.md) (acquirer)
- [Aspen Pumps](https://endata.com/companies/5919.md) (target)

## Sources

- [private-equitynews.com](https://www.private-equitynews.com/news/3i-announces-sale-of-aspen-pumps-generating-proceeds-of-c-208m-and-overall-return-of-4-1x-mm/), 2019-12-18: "3i Group plc today announces that it has agreed the sale of its investment in Aspen Pumps Group to Inflexion Private Equity."

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Data from Endata (https://endata.com/). Announcements are summarized from public sources and may be incomplete; check the linked originals.
