Warburg Pincus invests in Infoniqa
Funds advised by Warburg Pincus, have reached an agreement to invest in Infoniqa, a supplier of HR software and service solutions in DACH countries, alongside existing investors Elvaston and Infoniqa management.
Infoniqa, founded in 1988 in Austria, is a software and services solutions specialist across all areas of administrative and strategic human resources such as personnel management, payroll accounting, time management and outsourcing.
The business provides services to over 3,500 corporate customers, managing over two million pay slips. Infoniqa also offers payroll outsourcing services, software hosting (SaaS), consulting and training.