Private equity firms Francisco Partners and KKR have agreed to acquire minority stakes in Italian business software provider TeamSystem from majority owner Hellman & Friedman (H&F), in a transaction that values the company at between €8bn and €10bn, according to a report by Reuters.
The report cites unnamed people familiar with the matter as saying that Francisco Partners is buying approximately 10% of TeamSystem, while a further stake of around 5% is being sold to a group of investors t...
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