eflow Global, a regulatory compliance technology vendor, has announced the successful management buyout of the company by its executive team.

The London company, which creates regulatory compliance, trade surveillance, data management and workflow solutions, has enjoyed several years of sustained growth.

The family-owned majority have led a buyout of all remaining VC positions through a bespoke funding structure provided by SME Capital.

The company says the buyout marks the start of a new period of technological innovation and geographical expansion.

“I am very glad that we have been able to achieve something which isn’t common with high-growth tech businesses today – eflow is now majority owned by the executive management team,” said CEO and founder Ben Parker. 

“This feat wouldn’t have been possible if we didn’t have such fantastic people at every level of the company.

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“Of course, we believe that this move will be a great win for all of us at eflow, but the positive impact will be felt most of all by our clients. With the successful closure of this deal, we are re-affirming our pledge to commit 60% of all profit back to research and development.”

The company now plans to capitalise on this new-found independence by expanding and strengthening their presence in key geographical centres of the US and Asia.

Nottingham RegTech Ideagen sold for £1.1bn