EQT, Hg and TA-owned IFS valued at EUR 15 billion in minority stake sale, following investment from Hg, ADIA and CPP Investments

EQT Sweden

Hg increases its stake in enterprise software provider IFS and becomes co-control shareholder alongside EQT, while existing minority shareholder TA Associates remains invested.New investors in this transaction include a wholly-owned subsidiary of the Abu Dhabi Investment Authority ("ADIA") and the Canada Pension Plan Investment Board ("CPP Investments")IFS continues to perform strongly, having recently surpassed EUR 1 billion in ARR while growing by more than 30% year-on-year.View original content:https://www.prnewswire.co.uk/news-releases/eqt-hg-and-ta-owned-ifs-valued-at-eur-15-billion-in-minority-stake-sale-following-investment-from-hg-adia-and-cpp-investments-302424630.html