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2026-10-23T19:39:00.000Z

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Riyadh tech stocks struggle with monetary policy

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Inflexion sells majority stake in Selnor to Goldman Sachs

Inflexion sells majority stake in Selnor to Goldman Sachs

Inflection Company plans to sell its majority stake in Silnor, a company specialized in environmental safety and quality assurance, to Goldman Sachs Alternatives in a deal valued at one billion euros ($1.12 billion). Inflection will retain a minority stake in the company, which it founded in 2023, and which follows an expansion strategy that has gained momentum in the UK, the US, and Europe, with previous acquisitions of companies such as John Turner Consulting, Tera Environnement, and Toxilabo. The deal will support Silnor's growth and strengthen its capabilities for new acquisitions, although the final financial terms have not been disclosed.

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