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HgCapital acquires majority stake in Transporeon Group

UK-based private investment firm HgCapital LLP has acquired a majority stake in Transporeon GmbH, PE Hub reported. Financial terms of the transaction were not announced. The seller is US-based private equity firm TPG Capital, LP. Based in Germany, Transporeon is a developer and operator of SaaS solutions for the transport logistics sector that include onboarding, consultancy, and lifetime support.

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Private Equity Deals,PE deals,Majority stake, Private Equity