Investcorp Technology Partners, a technology investor, announced that it has entered into a definitive agreement to sell German-based Softgarden e-recruiting GmbH, a provider of innovative HR software solutions to Grupa Pracuj, the parent company of a number of Eastern European job board brands.
Investcorp, a leader in alternative investment, said one of its key units has entered into a deal to sell softgarden e-recruiting - an innovative human resources software solutions firm - to European tech major Grupa Pracuj for €118 million ($123 million)
RIYADH: Investcorp Technology Partners, one of Europe’s leading technology investors, signed a definitive agreement to sell softgarden e-recruiting GmbH to Grupa Pracuj for $123 million. The transaction, which is expected to close imminently, will yield a return greater than three times invested capital in less than four years, according to a press release.
Investcorp, a leading global alternative investments firm, has announced the launch of eLydian Lion, the first dedicated institutional blockchain fund based in the GCC, with a global investment mandate (the Fund).