LOS ANGELES: Hg, the manager of HgCapital Trust plc (HgT), has made an investment in Rightsline, a provider of rights and royalties management software, the companies said on Wednesday. Terms of the overall transaction were not disclosed. HgT, a London-listed investment trust, will invest approximately £11 million in Rightsline, with other institutional clients of Hg investing alongside HgT through the…
BIELEFELD – HgCapital Trust plc (HgT), today announces an investment of approximately £19 million in Diamant Software GmbH. HgT invests alongside other institutional clients of Hg, which is investing from its Hg Genesis Fund. These figures only relate to HgT’s share of Hg’s overall investment in Diamant Software. HgT, whose shares are listed on the…
LONDON: Trackunit, a leading global SaaS and operating data platform provider for the construction industry, announced that Goldman Sachs Alternatives will acquire a majority stake in the company from funds advised by Hg and GRO Capital. This investment marks the next phase in Trackunit’s growth, aligning with its mission to eliminate downtime in construction and…
LONDON, UK: Hg, the Manager of HgCapital Trust plc (HgT), has agreed the sale of its remaining investment in TeamSystem, to funds advised by Hellman & Friedman LLC (H&F). TeamSystem is a leading provider of business software solutions to businesses and accountants in Italy, Spain and Turkey. The terms of the transaction have not been…
LOS ANGELES: AuditBoard, a leading connected risk platform transforming audit, risk, compliance and ESG management, today announces that it has reached an agreement to be acquired in a transaction valued at over $3 billion, by Hg, an experienced and global leading investor in compliance, risk and accounting software over the last 20 years. AuditBoard is a…
LONDON: Induver and Clover, two of Belgium’s leading independent corporate insurance brokers, have announced their merger to create a new market leader in the sector. The combined business will benefit from the support of Hg, a leading investor in software and services businesses, as a minority shareholder. The merger brings together Induver’s premium positioning and…
LONDON, UK: IRIS Software Group, a global leader in accountancy, payroll, HR and education software and services, has announced a co-controlling investment from LGP, a Los Angeles-based private equity firm, in a deal that values the company at around £3.15bn. The deal will support IRIS’s growth in the US market, where it already generates over…
LONDON, UK: CINC Systems, a cloud-based software company that serves the community association management industry, has received a strategic growth investment from Hg, a leading investor in software and services businesses. The deal, whose terms were not disclosed, will see Hg join CINC’s founder, Bill Blanton, its management team and current investors, Spectrum Equity, as…
LONDON, UK: Hg, a leading investor in European and transatlantic software and services businesses, has announced that it has acquired a majority stake in Nomadia, a leading European SaaS provider of smart mobility solutions. The deal will see the Nomadia management team and former majority owners remain as investors in the business. Nomadia, based in…
LONDON, UK: Hg, the Manager of HgCapital Trust plc (“HGT”), today announces a further investment in team.blue, a leading digital enabler for companies and entrepreneurs across Europe. The terms of the transaction have not been disclosed and completion is subject to closing conditions. As a result of the transaction, HGT will make a net investment…
HILDESHEIM, GERMANY: Hg, a leading software and services investor, announced the sale of MEDIFOX DAN, a leading provider of digital solutions for the German care and therapy sectors, to ResMed, a global leader in cloud-connected medical devices and out-of-hospital software-as-a-service (SaaS) business solutions, in a transaction valuing the business at an enterprise value of around…
LONDON, UK: The Access Group, a leading provider of business management software to mid-market organisations in the UK, Ireland and Asia Pacific, announced further investment from its shareholders, Hg and TA Associates, with an associated enterprise value of £9.2 billion, believed to make it one of the largest UK headquartered software providers. Access has grown…