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EQT and CPP Investments acquire Neogov in $3B sponsor-to-sponsor deal - PitchBook

EQT and CPP Investments, which manages the Canada Pension Plan, have acquired Neogov in a $3 billion transaction, Neogov confirmed. Under the new owners, the company, which operates an HR software platform serving public sector agencies, will focus on incorporating AI capabilities to help public sector organizations improve efficiency and stay in compliance. Neogov was acquired from funds managed by Warburg Pincus and The Carlyle Group, following their growth investment in the company in 2021. T...

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