Bregal-backed GUS Group, an IT services and IT consulting firm, iptor, a provider of ERP software solutions, SHD, a technology company, and PDV, an IT services and IT consulting firm, agreed to form GENII Software Group, an operator of a software holding company. Financial terms were not disclosed. “We are delighted to back GENII, which is on a great path to become a leading European software group, offering software solutions and deep industry expertise for its customers. We are convinced that there are many more hidden champions that can benefit from GENII’s scale, geographical reach and technology support and will continue to support GENII and its management in its growth ambitions," Philipp Struth, Bregal Partner.