Bregal Unternehmerkapital, a Munich-based private equity firm, completed the acquisition of GUS Group, a provider of ERP software and integrated software solutions, from Elvaston Capital Management, a private equity firm. Financial terms were not disclosed. “We are pleased that we could win Bregal as a further investor. The company can point to numerous successes in the European software market and we can benefit from this experience. In addition to our original ERP core business, we have recently expanded our portfolio primarily with laboratory management and sales optimization solutions, and the investment by Bregal will further drive our growth in these business areas as well,” Dirk Bingler, GUS Group CEO.