IFS Attracts EUR 15 billion Valuation as Demand for Industrial AI Soars

IFS Sweden United Kingdom

Hg increases its stake in enterprise software provider IFS and becomes co-control shareholder alongside EQT, while existing minority shareholder TA Associates remains investedNew 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-yearView original content:https://www.prnewswire.co.uk/news-releases/ifs-attracts-eur-15-billion-valuation-as-demand-for-industrial-ai-soars-302424623.html