HedgeCo.Net — Hg announced on September 22, 2026 a majority investment in EnterSoftone (ES1), a Greece-based ERP and business software platform, in a transaction that values the business at around €1 billion, according to an HgCapital Trust RNS on Investegate and follow-on PE Hub coverage. HgCapital Trust is investing approximately £33 million alongside other Hg clients via the Hg Genesis Fund, marking Hg’s first investment in Greece.
Olympia Group, Imker Group, and management will retain significant stakes, with closing expected later in 2026. ES1 was formed in 2025 through the merger of Entersoft and Softone and serves more than 90,000 clients across Greece and Southeastern Europe, per the disclosed materials.
For buyout allocators mapping Hg’s software thesis into Southern Europe, the ~€1 billion enterprise value, HgT’s ~£33 million ticket, the Genesis Fund vehicle, and the retained-stake structure are the hard marks. Exact equity percentages beyond “majority,” leverage terms, or EBITDA multiples were not published and should not be invented. Mark the Greece debut, the ES1 merger pedigree, and the later-2026 close timing as sourced.