The deal was executed through the firm's latest Opportunities Secondary Program alongside select co-investors.
The deal marks the sixth investment made by Armen's inaugural GP stakes fund, which targets a portfolio of European alternative asset managers across different strategies.
The employee and early investor auction valued the workplace trust company at over £100 million and marked the third transaction conducted under the PISCES framework.
Existing investors in the German robotics startup, including Sequoia and Lightspeed, participated alongside new backers.
The $300 million secondary share sale was led by Wellington and T. Rowe Price and brought in new investors, including EQT, Goldman Sachs, and Sapphire Ventures.
The deal marks the Florida-based investment firm's second continuation vehicle, following its debut Fletchers Solicitors transaction in February.
The deal, which includes future fund commitments, expands Temasek's exposure to Italy's mid-market.
The sale comes almost four years after Ufenau transferred the equine veterinary group into a €563 million multi-asset CV.
The manager is also reportedly in advanced talks to acquire GIC and Silver Lake Partners' stakes in the breakdown recovery service provider, alongside other investors.
MCP Opportunity Secondary Program VI targets GP-led and LP-led transactions in the North American and Western European mid-market.
