Clifford Chance has advised Edge Holding GmbH on a refinancing of P&I Group worth EUR 365 million.

Edge Holding GmbH, based in Wiesbaden, Germany, is a portfolio company of funds advised by the private equity investor HgCapital. P&I Personal & Informatik AG, a leading company in Europe in the development of innovative software for all HR management tasks, is a subsidiary of Edge Holding.

The Clifford Chance team was led by partner Barbara Mayer-Trautmann (Banking & Capital Markets, Munich) and comprised partner Thorsten Sauerhering (Tax, Frankfurt), counsel Dr. Felix Biedermann (Banking & Capital Markets, Frankfurt), senior associates Marco Tramontano and Manisha Gayaparsad (both Banking & Finance, London), senior associate Susan Kelly as well as associates Jennifer Seipelt, Sabine Gröbner, Christian Cranmore and Ololade Oni (all Banking & Capital Markets, Munich). Partner Marc Mehlen and associate Oliver Kronshagen (both Banking & Finance), as well as partner Christian Kremer and associates Stéphanie Guers and Marion Finzi (all Corporate) from the Clifford Chance Luxembourg office also advised on this transaction.