Announced
Synopsis
German investment firm Bregal agreed to acquire STP, a DACH-based provider of legal tech solutions, from Hg Capital, a software investor. Financial terms were not disclosed. "STP has significantly benefited from Hg’s support over the last four years, leveraging the knowledge they have in the software and legal tech space, whilst also benefitting from valuable best-practice sharing that is promoted across Hg’s network and over 30 tech portfolio businesses. We are very excited about our new partnership with Bregal Unternehmerkapital and together plan an acceleration of new product and service introductions to help our customers drive efficiency at the workplace," Uwe Richter, STP CEO.
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