PSI Software SE and Warburg Pincus Announce Investment Agreement

PSI Software SE has entered into an investment agreement with Warburg Pincus to enhance PSI's market foothold in the energy and industrial software sectors. Warburg Pincus has launched a voluntary public takeover offer of EUR 45.00 per PSI share, reflecting an 83.7% premium on its recent market price. This move allows PSI shareholders to realize significant value promptly.

The offer necessitates a minimum acceptance threshold of over 50% of shares and adheres to regulatory requirements. Warburg Pincus has secured commitments for about 28.5% of PSI shares, with a strategic anchor shareholder reinvesting partially. E.ON, retaining 17.8% of PSI's shares, remains a supportive stakeholder.

Endorsed by PSI's boards, the partnership aims to bolster PSI's position, potentially leading to PSI's stock delisting post-offer. Warburg Pincus assures no entry into profit and loss transfer agreements for two years post-takeover.