Tech firm Wise secures private equity deal

A Solihull tech firm founded two years ago has sold a stake to private equity house Inflexion.Wise, which specialises in services for the self-employment sector and particularly the UK logistics and courier industry, has agreed the sale of a minority share with the London-based mid-market investor. Terms of the deal were not disclosed. The Wise platform is currently used by more than 250 logistics firms and over 14,000 self-employed drivers to manage issues such as document storage and compliance. The company said this new backing from Inflexion would support the firm as it grew its technology to serve additional sectors such as construction and private- …
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