3i Group completed the investment in Pinova Capital-backed xSuite Group.

3i Group, an international investment management company, completed the investment in Pinova Capital-backed xSuite Group, a provider of software applications in the field of accounts payable invoice automation. Financial terms were not disclosed. "We see significant potential to further develop and internationalize xSuite, working closely with its experienced management team and its motivated, highly skilled employees," Ulf von Haacke, 3i Partner and Managing Director.