EQT, Hg and TA-owned IFS valued at EUR 15 billion in minority stake sale, following investment from Hg, ADIA and CPP Investments
Summary
IFS, a leading provider of cloud enterprise software and Industrial AI applications, announces it has achieved a valuation of over EUR 15 billion following a significant pivot to AI-driven growth. We have a differentiated proposition that continues to drive momentum in the industrial setting, specifically with the agentic and generative capabilities of IFS.ai, which enables us to be the technology of choice for the businesses that service, power and protect our planet. Starting as a software vendor focused on Northern Europe, IFS has become a global provider of enterprise solutions while embracing the power of AI for the benefit of its industrial clients. "Naveen Wadhera, Managing Director at TA, commented: IFSs exceptional leadership, strong execution, and transformative AI capabilities are redefining whats possible in enterprise software. We remain confident in the companys vision and are excited to be part of its continued journey.The transaction is subject to customary regulatory approvals and is expected to complete end of Q2 2025.
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