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Warburg Pincus LLC : announces strategic partnership with Infoniqa to support future growth

09/07/2020 | 07:43am EST

Funds advised by Warburg Pincus LLC, have reached an agreement to invest in Infoniqa, a leading supplier of HR software and service solutions in DACH countries, alongside existing investors Elvaston and Infoniqa management.

Infoniqa, founded in 1988 in Austria, is a software and services solutions specialist across all areas of administrative and strategic human resources such as personnel management, payroll accounting, time management and outsourcing. The business provides services to over 3,500 corporate customers, managing over 2 million pay slips. Infoniqa also offers payroll outsourcing services, software hosting (SaaS), consulting and training.

About Infoniqa:

Infoniqa is a specialist in software and service solutions in all areas of administrative and strategic human resources management: personnel management, payroll accounting, time management and outsourcing. The range of services include innovative HR software solutions, which can be used as individual modules or as a complete HR suite called "Infoniqa ONE".

As one of the few full-service providers on the DACH market, the company serves over 3,500 customers with more than 2 million employees. Infoniqa has ten offices in Wels, Salzburg, Vienna and Graz (Austria), Böblingen, Brakel, Brandenburg, Munich and Ratingen (Germany) as well as in Zurich (Switzerland). For more information, please visit www.infoniqa.com

About Warburg Pincus LLC:

Warburg Pincus LLC is a leading global private equity firm focused on growth investing. The firm has more than $53 billion in private equity assets under management. The firm's active portfolio of more than 185 companies is highly diversified by stage, sector, and geography. Warburg Pincus is an experienced partner to management teams seeking to build durable companies with sustainable value. Founded in 1966, Warburg Pincus has raised 19 private equity funds, which have invested more than $84 billion in over 900 companies in more than 40 countries. The firm is headquartered in New York with offices in Amsterdam, Beijing, Berlin, Hong Kong, Houston, London, Luxembourg, Mumbai, Mauritius, San Francisco, São Paulo, Shanghai, and Singapore. For more information please visit www.warburgpincus.com

About Elvaston:

Elvaston is an entrepreneur-led private equity firm, specialising in small to medium-sized companies located within the German-speaking region. Elvaston takes a straightforward, individual approach to guiding profitable companies operating in growth industries towards long-term value growth. For more information please visit www.elvaston.com

Funds advised by Warburg Pincus LLC, have reached an agreement to invest in Infoniqa, a leading supplier of HR software and service solutions in DACH countries, alongside existing investors Elvaston and Infoniqa management.

Infoniqa, founded in 1988 in Austria, is a software and services solutions specialist across all areas of administrative and strategic human resources such as personnel management, payroll accounting, time management and outsourcing. The business provides services to over 3,500 corporate customers, managing over 2 million pay slips. Infoniqa also offers payroll outsourcing services, software hosting (SaaS), consulting and training.

Enquiries:

Infoniqa: presse@infoniqa.com

Warburg Pincus: Julie Foster, +44 7471 992907

About Infoniqa:

Infoniqa is a specialist in software and service solutions in all areas of administrative and strategic human resources management: personnel management, payroll accounting, time management and outsourcing. The range of services include innovative HR software solutions, which can be used as individual modules or as a complete HR suite called "Infoniqa ONE".

As one of the few full-service providers on the DACH market, the company serves over 3,500 customers with more than 2 million employees. Infoniqa has ten offices in Wels, Salzburg, Vienna and Graz (Austria), Böblingen, Brakel, Brandenburg, Munich and Ratingen (Germany) as well as in Zurich (Switzerland). For more information, please visit www.infoniqa.com

About Warburg Pincus LLC:

Warburg Pincus LLC is a leading global private equity firm focused on growth investing. The firm has more than $53 billion in private equity assets under management. The firm's active portfolio of more than 185 companies is highly diversified by stage, sector, and geography. Warburg Pincus is an experienced partner to management teams seeking to build durable companies with sustainable value. Founded in 1966, Warburg Pincus has raised 19 private equity funds, which have invested more than $84 billion in over 900 companies in more than 40 countries. The firm is headquartered in New York with offices in Amsterdam, Beijing, Berlin, Hong Kong, Houston, London, Luxembourg, Mumbai, Mauritius, San Francisco, São Paulo, Shanghai, and Singapore. For more information please visit www.warburgpincus.com

About Elvaston:

Elvaston is an entrepreneur-led private equity firm, specialising in small to medium-sized companies located within the German-speaking region. Elvaston takes a straightforward, individual approach to guiding profitable companies operating in growth industries towards long-term value growth. For more information please visit www.elvaston.com

Julie Foster

Warburg Pincus International LLC

Almack House, 28 King Street

London, SW1Y 6QW

M: +44 7471 992907

Julie.Foster@warburgpincus.com

www.warburgpincus.com

.

(C) 2020 M2 COMMUNICATIONS, source M2 PressWIRE

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