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# Hg takes majority stake in Greek ERP vendor Entersoftone at about €1B valuation
- URL: https://www.enterprisey.com/hg-takes-majority-stake-in-greek-erp-vendor-entersoftone-at-about-1b-valuation/
- Published: 2026-09-22T21:45:00.000Z
- Updated: 2026-10-26T04:14:35.000Z
- Description: Hg agreed to take a majority stake in Entersoftone, a Greek supplier of ERP, business software and payroll products. Reports value the company at about €1B. It is Hg's first investment in a Greek company.
- Author: Enterprisey Admin
- Tags: News, Acquisition

Hg agreed to take a majority stake in Entersoftone, a Greek supplier of ERP, business software and payroll products. Reports value the company at about €1B. It is Hg's first investment in a Greek company. ([To Vima](https://www.tovima.com/finance/hg-takes-majority-stake-in-entersoftone-latter-valued-at-1blne/?ref=enterprisey.com); [White & Case press release](https://www.whitecase.com/news/press-release/white-case-advises-imker-group-and-olympia-group-sale-entersoftone?ref=enterprisey.com))

To Vima says Hg is buying 70%. Sellers Olympia Group and Imker Group, along with management, will reinvest and keep significant minority stakes. Hg says it will fund Entersoftone's move to cloud services and set up a dedicated AI engineering team. Entersoftone was formed by merging Entersoft and SOFTONE and operates in Greece, Cyprus, Bulgaria and Romania. ([To Vima](https://www.tovima.com/finance/hg-takes-majority-stake-in-entersoftone-latter-valued-at-1blne/?ref=enterprisey.com); [White & Case press release](https://www.whitecase.com/news/press-release/white-case-advises-imker-group-and-olympia-group-sale-entersoftone?ref=enterprisey.com))