Hellman & Friedman acquires Italian software company TeamSystem
Hellman & Friedman LLC has acquired a controlling stake in Italian software company TeamSystem Holding SpA. No financial terms were disclosed. The sellers are HgCapital, Bain Capital, ICG and TeamSystem's management. However, HgCapital "intends" to retain a minority stake in TeamSystem while company management will continue to invest in it. Mediobanca SpA provided financial advice to Hellman & Friedman on this transaction while Rothschild did likewise for HgCapital.
7 December 2015•4 mins read
