Lincoln International: Infoniqa attracts Warburg Pincus as a new investor

Infoniqa is a specialized human resources (HR) software provider offering a comprehensive portfolio of payroll, time and human capital management solutions complemented by business process outsourcing services. The business provides services to over 3,500 corporate customers, managing over two million pay slips. Infoniqa also offers payroll outsourcing services, software hosting (software-as-a-service), consulting and training. Headquartered in Wels, Austria, Infoniqa operates 12 offices with 280 employees across Austria, Germany and Switzerland. Since inception, the founder and management have developed Infoniqa into a full range HR software and service solutions provider combining a modular software suite with a highly complementary service offering.

Lincoln International was mandated by the shareholders of Infoniqa, led by Elvaston, as the exclusive financial adviser to manage a structured and competitive sale process. Even before approaching the broader investor universe, the shareholders and Lincoln International received numerous expressions of interest from financial and strategic investors. Warburg Pincus showed great interest and a strong commitment to execute a transaction in a timely manner. Lincoln International accompanied the owners and the management team throughout the entire process from a comprehensive preparation during pre-marketing to the expedited and efficient due diligence and signing phase, providing valuable strategic guidance.

Elvaston, headquartered in Berlin, Germany, 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.

Warburg Pincus, headquartered in New York, U.S., is recognized as one of the leading global private equity investors with over $56 billion in assets under management, investing primarily in the Americas, Europe, the Middle East and Africa (EMEA) and Asia. Warburg Pincus was established more than 50 years ago and is a highly diversified investor by stage, sector and geography with an active portfolio of more than 190 companies.

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