Hg has acquired a majority stake in Germany-based Personal & Informatik (P&I), a provider of cloud-based HR software, from previous backer Permira for an enterprise value of €2bn.
Arcus could increase its share to a majority stake in future, the GP said in a statement
Finnish venture capitla firm Maki.vc has led a €1.5m funding round for Helsinki-based financial analytics provider Calqulate.
Advanz Pharma initially hired Jefferies to advise on a sale process in October 2020
Company has also received €1.4m in venture loans and soft money from the Danish Growth Fund and Innovation Fund Denmark