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EQT Private Equity and TA to welcome Hg as a significant minority partner in IFS and WorkWave at a USD 10bn valuation

EQT VIII to sell a large part of its stake in cloud software vendors IFS and WorkWave to Hg, in a transaction valuing the Companies at USD 10bn. EQT Private Equity to remain majority shareholder alongside Hg, TA and the management teams Since the acqui