Hg succeeds Waterland as investor
Hg today announces that it has agreed to invest in Combell Group (“Combell”), a leader in mass hosting services for SMEs across Europe. Waterland Private Equity exits its shareholding in Combell as part of the transaction. The transaction is subject to regulatory approval and so will close in the New Year. Terms of the transaction […]
25 December 2018Megabuyte50 Awards
The 2018 Megabuyte50 awards, honouring the UK’s best-performing, mid-market ICT Services and Software companies, were announced on Tuesday and featured six UK software businesses, currently backed by Hg. A record for Hg, the six named companies place Hg as the top technology and software investor in the 2018 list, with more portfolio companies featured than […]
22 November 2018Hg announces final closing of Hg Saturn 1 Fund at £1.5bn
Hg Saturn 1 Fund (“Saturn”), a software‑focused, large‑cap buyout fund raises a total of £1.5 billion; Saturn to invest in software companies valued at an enterprise value of over £1 billion; Saturn fund 40% invested via two of the largest ever private equity led software buyouts in Europe: Visma and IRIS; Continues Hg’s position as number […]
22 October 2018Hg announces an investment in BrightPay
10 September: Hg today announces that it has agreed a first investment of Transition Capital in BrightPay, a provider of Accounting and HR payroll software to SMEs in Ireland and the UK. The terms of the investment are not disclosed. Hg’s structured minority investment strategy will fund the investment in BrightPay. Transition Capital offers privately-owned […]
10 September 2018Hg announces investment into Allocate Software from Hg8 Fund
30 August 2018. Hg today announces an investment in Allocate Software (“Allocate”), a leading international provider of workforce solutions to the healthcare, defence and maritime sectors. Allocate supports the operational and administrative needs of healthcare professionals in all healthcare settings as well as defence and maritime staff globally. In healthcare Allocate is enabling the delivery […]
30 August 2018Syneos Health™ acquires Kinapse
Syneos Health™ acquires Kinapse to further enhance end-to-end capabilities Addition of Market Leading Advisory and Operational Solutions Provider Increases High-Value Offerings and Expands Operational Scale in Key Growth Markets https://kinapse.com/Syneos-Health-acquires-Kinapse RALEIGH, N.C. – August 20, 2018 – Syneos Health, Inc. (Nasdaq:SYNH) (“Syneos Health” or “the Company”), a leading biopharmaceutical solutions organization, today announced the acquisition […]
20 August 2018Hg Invests in Orion Health Rhapsody and Population Health Businesses
All figures in NZD AUCKLAND, New Zealand – 3 July 2018 – Orion Health Group Limited (NZX:OHE/ASX:OHE, “Orion Health” or the “Group”) today announces that it has reached agreement in relation to Orion Health’s Rhapsody and Population Health businesses with private equity technology investor Hg (“the Hg Transaction”).In April 2017, the Group announced a strategic […]
3 July 2018Hg invests in IT Relation
14 June 2018. Hg today announces that it has agreed to invest in IT Relation, a leading Danish supplier of managed IT services to small and medium sized enterprises (SMEs). Hg will acquire a majority stake in IT Relation from Adelis Equity Partners. The closing of the transaction is subject to regulatory approval and the […]
14 June 2018Hg agrees sale of Intelliflo to Invesco
Transaction is the sixth realisation achieved by the Hg Mercury 1 fund. Mercury 1 fund now has a gross realised fund multiple of 3.4x original cost and 44% gross IRR. Represents the 16th realisation across all Hg funds in the last 18 months – returning over £3 billion in aggregate. 6 June 2018 – Hg […]
6 June 2018Visma Group intends to acquire Raet
29 May 2018 – Visma Group and Raet have signed an agreement whereby Visma intends to acquire 100 percent of the shares of Raet. The intended acquisition follows a competitive sales process, commenced earlier this year by the Hg7 Fund. The agreement is subject to the parties having completed the consultation procedures with both Raet’s […]
29 May 2018Hg Saturn Fund makes new joint partnership investment in IRIS with ICG
UK’s largest ever and Europe’s third largest ever private equity led software buyout, representing an EV of around £1.3bn. Investment in IRIS follows the company’s positive track record, solid long term strategy and strong executive leadership. ICG to take a joint partnership stake alongside Hg, acknowledging Hg’s strong 14 year relationship, in-depth knowledge and experience […]
23 May 2018Hg makes strategic investment in FE
14 May 2018. Hg today announces a significant investment in FE, a leading data, analytics and software vendor focussed on the UK and Australian retail investment funds markets. The terms of this transaction were not disclosed. Completion of this transaction is subject to regulatory approval. Founded by Michael Holland and Craig Wilson, FE is a […]
14 May 2018Hg agrees sale of JLA to Cinven
Sale of JLA delivers 4.9x return to the Hg6 Fund (2009 vintage). JLA more than doubled in size during Hg investment, successfully developing new product categories and significantly growing total employment. 17th exit from Hg6 to-date and the 5th exit from Hg in 2018. 14 May 2018. Hg today announces the sale of JLA, a UK […]
Hg invests in MediFox
10 May 2018. Hg today announces an investment into MediFox, a leading provider of software solutions to outpatient and inpatient care providers and therapy practices in Germany. The investment follows an exit from private equity funds managed by Equity Capital Management (“ECM”). The closing of the transaction is subject to regulatory approval and the terms […]
10 May 2018Hg agrees sale of Teufel to Naxicap Partners
30 April 2018: Hg today announces the sale of Teufel, a leading European direct-to-consumer online brand for audio solutions, based in Germany, to Naxicap Partners, one of France’s leading private equity companies. Teufel’s ability to control its entire value chain puts it in a unique position and enables it to offer better value for money […]
30 April 2018Hg agrees sale of Radius to Vistra
26 April 2018. Hg today announces the sale of Radius to Vistra, one of the world’s leading corporate service providers of international incorporations, trust, fiduciary, and fund administration services. The terms of this transaction were not disclosed. Radius provides tailored solutions for fast growing companies that are looking to expand into international markets. With more […]
26 April 2018Hg agrees sale of Allocate Software to Vista Equity Partners
23 April 2018: Hg today announces the sale of Allocate Software (“Allocate”), the leading international provider of healthcare workforce management software, to Vista Equity Partners (“Vista”). The terms of the transaction have not been disclosed. Allocate supports the operational and administrative needs of healthcare professionals in all healthcare settings, enabling the delivery of safe and effective […]
23 April 2018The Access Group announces strategic investment from Hg
The Access Group announces strategic investment from Hg alongside existing investor TA Associates at an enterprise value of £1 billion The Access Group, a leading provider of fully integrated business management software to UK mid-market organisations, announced today a strategic investment from Hg valuing the business at an enterprise value of approximately £1 billion. Current […]
10 April 2018Hg announces acquisition of Mobility Concept
Hg has announced today the acquisition of Mobility Concept GmbH, a leading B2B fleet leasing company, headquartered in Germany. Hg has acquired Mobility Concept from Unicredit Leasing GmbH, a wholly-owned subsidiary of UniCredit Bank AG (“HypoVereinsbank”) as well as from the founders. The closing of the transaction is still subject to regulatory approval. The terms […]
28 March 2018Hg investment in DADA S.p.A
Hg today announces its investment in DADA S.p.A (DADA), a leading provider of online hosting services to SMEs in Italy, the UK and other regions across Europe. Founded in 1995, DADA is headquartered in Florence and has around 650,000 business and consumer customers across Europe. DADA’s digital services enable SMEs to administer their online presence: […]
26 February 2018Hg invests for the future by strengthening executive team
Nick Jordan, Thorsten Toepfer, Jean-Baptiste Brian and Andrew Jessop promoted to Partners at the Firm Dawn Marriott-Sims joins as Partner Caroline Ruter joins as Head of Responsible Investing Steven Batchelor promoted to Chief Operating Officer They join the current executive team, headed by Nic Humphries (Senior Partner) and led by a number of Managing Partners […]
14 February 2018Hg announces investment in MeinAuto.de
Hg has announced today an investment in MeinAuto.de (‘MeinAuto’), a leading B2C online platform for new car purchases based in Germany. The terms of the transaction were not disclosed. MeinAuto was founded in 2007 and is headquartered in Cologne with over 70 employees. The Company is one of Germany‘s leading online platforms for new car […]
9 January 2018