Septeo Receives Investment from Téthys Invest and GIC
Deal News | Nov 29, 2024 | White & Case
Global law firm White & Case has provided legal guidance to the private equity firm Hg regarding the acquisition of a minority stake in Septeo Group by Téthys Invest and GIC. The transaction highlights a significant investment action, valuing Septeo, a prominent European software provider, at over €3 billion. Hg, known for focusing on software and service businesses throughout Europe, remains the major stakeholder in Septeo following the transaction. White & Case had previously worked with Hg on its 2020 investment in Septeo, illustrating a sustained partnership. The deal is aimed at further cementing Septeo's position in the software market, offering strategic benefits to all involved parties. White & Case's team for this transaction featured several partners, counsels, associates, and a law clerk distributed across various global locations, demonstrating the firm's extensive expertise and international reach.
Sectors
- Private Equity
- Software
- Legal Services
Geography
- Europe – The focus is on Septeo Group, a leading European software provider, and Hg, a European private equity investor.
- France – Several of the White & Case lawyers involved are based in Paris, highlighting France's relevance to the deal.
- Luxembourg – White & Case partners involved are located in both Luxembourg and Brussels.
Industry
- Private Equity – The article discusses an acquisition involving Hg, a specialist private equity investor.
- Software – Septeo Group, the company involved in the acquisition, is a European software provider.
- Legal Services – White & Case, a global law firm, played a significant advisory role in the acquisition described in the article.
Financials
- €3 billion – The transaction values Septeo Group at over €3 billion.
Participants
| Name | Role | Type | Description |
|---|---|---|---|
| Septeo Group | Target Company | Company | A leading European software provider, receiving minority investment from Téthys Invest and GIC. |
| Hg | Major Investor | Company | A European specialist private equity investor focusing on software and service businesses. |
| Téthys Invest | Investor | Company | Acquirer of a minority stake in Septeo Group. |
| GIC | Investor | Company | Acquirer of a minority stake in Septeo Group. |
| White & Case | Legal Advisor | Company | Global law firm advising Hg in this transaction. |