Buyout firm Leonard Green agrees to buy a stake in UK-based Iris Software, which makes payroll and HR tools, from Hg in a deal valuing Iris at ~£3.15B (Swetha Gopinath/Bloomberg) 24-12-2023

Swetha Gopinath / Bloomberg:
Buyout firm Leonard Green agrees to buy a stake in UK-based Iris Software, which makes payroll and HR tools, from Hg in a deal valuing Iris at ~£3.15B — Leonard Green will become a co-controlling shareholder of the UK firm alongside Hg, which is reinvesting in the business, according to a statement Saturday.