We are pleased to announce that Karatzas & Partners advises Hg in connection with its majority investment in Entersoftone, a leading provider of ERP and business software in Greece, with operations across Southeast Europe. Hg is an AI leader investing in European and transatlantic technology and services businesses.

The deal, which values Entersoftone at around €1 billion, represents Hg’s first investment in Greece and one of the largest technology transactions in the country to date. Existing shareholders Olympia Group and Imker Group will reinvest significant stakes alongside the management team, led by CEO Antonis Kotzamanidis.

Our core team consists of Catherine Karatzas, Olga Vinieri, Vassiliki Nikolaou and Pinelopi Anyfanti. Our team is further supported by:

• Εmployment matters: Angeliki Tsatsi and Vassiliki Rogakou;
• Finance law matters: Anastasia Mourmouti, Evi Dimou, Lina Dimou and Melpomeni Bosmponi;
• IP and data protection issues: Dimitra Karampela, Panagiotis Kontizas and Georgia Patiri;
• Litigation due diligence matters: Ilia Polyzoidi;
• Corporate, commercial and contract law matters: Michalis Chatzakis, Evgenia Bali and Vassiliki Christofilopoulou;
• Greek competition law matters: Anna Manda and Venetia Lazaratou.

The transaction is expected to close later this year, subject to customary closing conditions.

For more information: https://hgcapital.com/insights/entersoftone-secures-majority-investment-from-hg