Private equity firm ECI Partners agreed to invest in CIPHR, a UK provider of HCM solutions. Financial terms were not disclosed. "CIPHR is a high growth business whose services have only become more vital over the course of 2020. We are excited by the opportunity that CIPHR has to strengthen its position in the HCM market, both organically and through M&A. The management team is highly experienced with a proven track record of achieving growth and developing innovative solutions to meet the increasingly complex demands of mid-market organisations. As an experienced software investor, we’re delighted to partner with Chris and the team and look forward to supporting them over the next stage of CIPHR’s journey," Stephen Roberts, ECI Partner.