LONDON, UK: HgCapital Trust plc (HGT), a listed investment trust that invests in software and service businesses, has announced that it has agreed to sell part of its stake in TeamSystem, a leading provider of business software solutions in Italy and Spain, to two new investors. According to a press release, a subsidiary of the…
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Hg Capital Trust offloads Citation Group
LONDON: Hg Capital Trust, a leading European investor in software and tech-enabled services businesses, announced the sale of Citation Group, a leading provider of subscription-based HR and Employment law, Health & Safety, and ISO services to SMEs, to KKR, a leading global investment firm. Citation provides tech-enabled compliance and quality related subscription services to over…