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2 clusters · 10 sources · 11 days · First seen · Last updated

HG Capital acquisition of Entersoftone

Overview

London-based private equity firm HG Capital has reached an agreement to acquire a 70% stake in Entersoftone (ES1), a Greek provider of business software and ERP solutions. The transaction values the company at approximately €1 billion, granting it “unicorn” status.

Formed in 2025 through the merger of Entersoft and SoftOne, the company serves over 90,000 customers across Greece, Cyprus, Bulgaria, and Romania. The remaining 30% of shares will be held by the company’s management team and existing shareholders, including Imker Capital and Olympia Group. Panos Germanos, leader of Olympia Group, is expected to retain the largest portion of the remaining stake.

The investment is intended to facilitate Entersoftone’s expansion across Southeast Europe and accelerate its transition toward cloud services and the integration of artificial intelligence into its CRM, payroll, and ERP product portfolios.

Entities

Entersoftone · Hg Capital · Antonis Kotzamanidis · Panos Germanos · Olympia Group

Timeline

  1. [BUSINESS] 2 sources
    EntersoftOne reaches €1 billion deal with Hg

    Hg will acquire approximately 70% of EntersoftOne in a deal valuing the software company at over €1 billion, aiming for expansion across Southeast Europe.

  2. [BUSINESS] 9 sources
    HG Capital acquires 70% stake in Entersoftone at €1 billion valuation

    HG Capital is acquiring a 70% stake in Greek software provider Entersoftone, valuing the company at approximately €1 billion in a landmark deal for the regional technology market.

Sources

banks.com.gr · businessdaily.gr · energymag.gr · fortunegreece.com · mononews.gr · newmoney.gr · ot.gr · protothema.gr · Reporter.gr · sbctv.gr