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Announced

Completed

Index Ventures led a $125m Series D round in Personio.

Financials

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Transaction Value£91m
Consideration TypeCash
Capital Owned-
Capital Bid For-
EV/Sales-
EV/EBITDA-
Share Price Premium-
One Off Charge-

Tags

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Cross Border

Private Equity

Software

Germany

Minority

software development

Completed

Venture Capital

Acquisition

Private

Friendly

Single Bidder

Synopsis

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Index Ventures led a $125m Series D round in Personio, an HR software platform, with participation from Picus, Global Founders Capital, Northzone, Lightspeed Venture Partners and Accel. "While the past year has proven difficult for many industries and businesses, it has at the same time accelerated the digitization of small and mid-sized businesses. It has also showcased the important role of HR teams, especially while so many of us continue to work remotely. We are grateful for a strong year in which we could grow to serve over 3k European SMEs. By further expanding our platform, we’ll continue to support our customers in tackling their current challenges and beyond," Hanno Renner, Personio Co-founder and CEO.

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