Announced
Completed
Financials
Tags
Majority
Friendly
Germany
big data
human resources
Outsourced HR and Staffing
Acquisition
Single Bidder
Private Equity
Private
Completed
Cross Border
Synopsis
Hg Capital completed an investment in Personal & Informatik, a provider of cloud-based HR software, headquartered in Germany, acquiring the holding from funds advised by Permira at a €2bn ($2.2bn) valuation. "P&I is an exceptional business and we've been in the privileged position of knowing the team there for almost two decades. Since our first investment in P&I in 2013 we remain impressed by the quality and long-term vision of the business and its management team. We're excited to partner with P&I and its team again and support them in the next phase of growth," Justin von Simson, Hg Managing Partner.
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