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New Deal


Announced

Silver Lake to acquire a minority stake in TeamSystem from Hellman & Friedman for €600m.

Financials

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Transaction Value£521m
Consideration TypeCash
Capital Owned-
Capital Bid For-
EV/Sales-
EV/EBITDA-
Share Price Premium-
One Off Charge-

Tags

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Friendly

Private Equity

Acquisition

Software

software development

Italy

Private

Single Bidder

Cross Border

Minority

Pending

Synopsis

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Silver Lake, a global technology investment firm focused solely on making large-scale investments in technology companies, agreed to acquire a minority stake in TeamSystem, a developer and distributor of management software solutions for professionals, businesses, legal practices, and artisans in Italy, from Hellman & Friedman for €600m. “We are excited to partner with TeamSystem as it continues to transform the Italian software industry. Management’s strong commitment to technological leadership, customer-centric approach, and drive for best-in-class innovation are qualities we value highly and have invested behind consistently in support of cloud software leaders across Europe, making TeamSystem an ideal fit for Silver Lake. We look forward to working closely with Federico and the full team in partnership with Hellman & Friedman to drive further growth and deliver exceptional value to its customers,” Christian Lucas, Silver Lake Co-Head of EMEA.

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