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New Deal


Announced

ADIA and CapitalG to acquire a minority stake in TeamSystem from Hg Capital.

Financials

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

Tags

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Acquisition

Minority

Private

Private Equity

Pending

Single Bidder

Italy

Software

software development

Cross Border

Friendly

Synopsis

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Private equity firms Abu Dhabi Investment Authority and CapitalG, agreed to acquire a minority stake in TeamSystem, a software developer, from Hg Capital, a private equity firm. Financial terms were not disclosed. “We firmly believe that TeamSystem is well positioned to continue to grow in both existing and new markets. This investment aligns with our approach of supporting market-leading software businesses that offer mission-critical solutions to their customer bases," Hamad Shahwan Aldhaheri, ADIA Executive Director of the Private Equities Department.

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