LONDON, June 12, 2025 – Leading international law firm Proskauer advised the arrangers, lenders and agents in connection with the best efforts refinancing of Personal & Informatik (P&I) AG’s existing debt.
The refinancing consisted of a €1.205 billion Term Loan B facility and a revolving credit facility and was implemented in connection with Hg Capital’s further investment in, and recapitalization of, P&I, which valued the company at €5.5 billion.
P&I is a leading HR technology company, specializing in modern, cloud-based HR solutions, headquartered in Germany, and owned by private equity firm Hg Capital.
The team was led by partners Philip Bowden and Megan Lawrence, and included partner Courtland Tisdale as well as associates Andrew Surgey, Angus McWhirter and Venandah Madanhi.
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