SILVER LAKE invests in TEAMSYSTEM

Technology investment firm Silver Lake has entered into a definitive agreement to acquire a significant minority equity stake in software provider TeamSystem. Following the completion of the transaction, which remains subject to customary closing conditions and regulatory approvals, Hellman & Friedman (H&F) will retain its position as the controlling majority shareholder. Evercore acted as the exclusive financial advisor to both H&F and TeamSystem throughout this corporate syndication process. For Hellman & Friedman, the transaction brings a premier technology sponsor into the shareholder register while retaining operational control of an asset that has aggressively scaled its customer base from 200,000 to approximately 1.8 million since the initial 2016 buyout. For Silver Lake, the investment directly aligns with its institutional mandate to back high-growth European cloud software champions, capitalizing on TeamSystem's rapid expansion. This exceptional growth trajectory has been heavily fueled by a highly active external growth playbook, characterized by numerous small, targeted bolt-on acquisitions to drive market consolidation. Under the continued leadership of CEO Federico Leproux, TeamSystem will leverage this strategic partnership to accelerate the rollout of AI-driven tools within its ERP solutions and drive the digital transformation of SMBs across its core Italian and Spanish markets, all while sustaining its aggressive pace of M&A execution.

Previously, the company had already undergone several LBOs, notably led by Hg Capital in 2010 and Hellman & Friedman in 2015. This succession of buyouts, combined with an active build-up strategy, highlights the strong attractiveness of the company's business model.