Technology

CONTACT US

Investor relations
Chris Davison
Head of Investor Relations
+44 20 7632 1000
investor.relations@permira.com
Human resources
Caroline Carr
Chief Human Resources Officer
+44 20 7632 1000
human.resources@permira.com
Communications
Noémie de Andia
Head of Communications
+44 20 7632 1000
media@permira.com
Marketing
Denise Gallagher
Marketing Manager
+44 20 7632 1000
marketing@permira.com
Permira Holdings Limited
Alistair Boyle
Guernsey
+44 1481 743200
Permira Debt Managers
James Greenwood
CEO
+44 2076321000

OUR OFFICES

Current investment

P&I

P&I is a leading DACH-focused provider of integrated software solutions for Payroll, Core HR and Human Capital Management. See how we are backing its growth organically and through acquisition…

2016Acquisition year
GermanyCountry
15kCustomers
€835mTransaction value

Why we backed them

  • To support an experienced management team who have delivered more than 10 years consecutive profitable growth
  • To back a strong business with high maintenance renewal rates and low churn amongst its client base
  • To help capitalise on the expected growth in market demand; currently growing at 8-9% p.a. in Germany
  • To benefit from its strong position in HR market which has high barrier to entry due to its regulatory framework and country-specific requirements

 

The investment strategy

  • To further cross- and upsell into the existing client base
  • To strengthen the sales force in order to fully capture the market potential
  • To consolidate the fragmented market of smaller competitors
  • To expand into new customer segments including the >20,000 SMEs in DACH (150-250 employees)

www.pi-ag.com