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Francisco Partners, KKR to buy minority stakes in Italy's TeamSystem, sources say

Source: reuters.com

M&A & RestructuringPrivate Markets & VentureTechnology & Innovation
Francisco Partners, KKR to buy minority stakes in Italy's TeamSystem, sources say

Francisco Partners and KKR have agreed terms to acquire minority stakes in Italian software company TeamSystem from its principal investor, Hellman & Friedman. The transaction signals continued private-equity interest in European enterprise software assets, though the article did not disclose the investment size, valuation, or closing timeline.

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