The Access Group reports growth and substantial investment for expansion
“The Access Group, a leading provider of business management software to mid-market organisations, has announced significant year-on-year pro forma revenue growth of 47%, leading to pro forma revenues of £315 million and pro forma adjusted EBITDA of £109 million for its fiscal year ended June 30, 2020 (“FY20”). These results continue 15 straight years of […]
20 October 2020Hg invests in Hyperion in a transaction valued at $5 billion
Transaction and debt raise will provide up to $1.5bn to accelerate strategic growth and Hyperion’s focus on technology and data Hg, a leading European investor in software and tech-enabled services businesses, today announces that it will make a significant long-term equity investment in Hyperion Insurance Group Limited (“Hyperion”), the international insurance intermediary. The transaction values […]
29 September 2020Hg announces the sale of A-Plan Group
Hg announces the sale of A-Plan Group (“APG”), one of the UK’s largest specialist insurance intermediaries, to Howden, the international insurance broking group. The terms of the transaction are not disclosed and the acquisition remains subject to regulatory approval. Hg partnered with APG in 2015, recognising the business’ best-in-class customer success model – a personal, […]
25 September 2020Hg announces new investment in The Citation Group
Hg, a leading European investor in software and tech-enabled services businesses, today announces an investment in The Citation Group (“Citation”), a leading provider of tech-enabled, subscription-based HR and Employment law, Health & Safety, and ISO services to SMEs. Citation provides tech-enabled compliance and quality related subscription services to over 40,000 SMEs across the UK. Citation […]
23 September 2020Hg leads further majority investment in Visma valued at US$12.2 billion in the world’s largest ever software buyout
Hg Saturn 2 will put forward the majority of the new invested capital to acquire a further stake in Visma from a group of current investors including Montagu, who will fully exit the business. New investors, Warburg Pincus and TPG will also invest in the business for the first time, acquiring minority stakes. Existing investor […]
31 August 2020Sovos to gain new investment
Sovos to Gain New Investment by Hg Saturn and TA Associates, Fueling Continued Growth as Digital Transformation of Tax Accelerates Worldwide Global tax software provider Sovos today announced that Hg — a leading global software investor, partner and supporter of the expansion of Sovos for more than four years — will lead a further, majority […]
20 August 2020Hg announces KKR investment in The Citation Group
Hg, a leading European investor in software and tech-enabled services businesses, today announces the sale of The Citation Group (“Citation”), a leading provider of subscription-based HR and Employment law, Health & Safety, and ISO services to SMEs, to KKR, a leading global investment firm. The terms of the transaction are not disclosed. Citation provides tech-enabled […]
The launch of The Hg Foundation
The Hg Foundation launches to help remove barriers to education and skills development in technology The Board of Trustees (“the Board”) today announces the launch of The Hg Foundation (“the Foundation”), a non for profit organisation with a defined focus on education and technology. www.thehgfoundation.com The Hg Foundation’s goal is to make an impact to […]
30 July 2020Committing to action on climate change with iCI
Hg are launch members of the UK network of the Initiative Climat International (iCI), a global organisation sharing skills and experience to build towards a sustainable future through investment management and investment choices. The iCI is officially endorsed by the Principles for Responsible Investment. The three commitments of the iCI are: 1. We recognise that […]
22 July 2020Hg in the USA
Last year, Hg announced the opening of a US office in New York, the firm’s latest expansion as a leading investor in software and service businesses, building on Hg’s activity in the US over many years. The New York-based team has now grown to 15 professionals, supporting Hg’s existing activities in the US, whilst capitalizing […]
8 July 2020Hg invests in F24
Hg invests in F24 to accelerate growth of a pan-European leader for emergency notification, crisis & incident management and critical communications. Munich and London, 07. July 2020 – Hg, Europe’s leading software investor, today announces that it has entered into an agreement to invest in F24, a pan-European sector leader for emergency notification, crisis & […]
7 July 2020Silverfin announces investment led by Hg to accelerate international growth
Hg is a leading software investor with a long history of partnering with businesses in tax and accounting software, investing c.€1.8bn in this sector alone. London 9th June 2020: Silverfin has announced a significant investment led by Hg, Europe’s leading software investor and expert in the tax and accounting sector. The investment will be used […]
9 June 2020COVID-19 update: Resources and information from across the Hg portfolio
With the COVID-19 pandemic affecting every aspect of business and society, Hg is pleased to see that the businesses we back are providing the efficiency tools and expertise to help their customers best navigate this unique crisis and, in some cases, actively helping our frontline carers combat the impact of the virus. There have been […]
8 May 2020Hg strengthens executive team with four Partner promotions
Alongside a total of 30 promotions, the appointments support the evolution of the firm, further reinforcing Hg as the largest technology team in Europe Hg, Europe’s leading software investor, today announces four new Partner appointments as part of a number of senior promotions across the firm. The promotions continue to strengthen the executive leadership team […]
7 May 2020Hg invests in smartTrade Technologies
Hg invests in smartTrade Technologies to accelerate its growth as a global leader in multi-asset electronic trading solutions Hg’s support will help continue innovation and R&D, strengthening smartTrade’s position as one of the most technologically advanced players in the industry Hg, Europe’s leading software investor, today announced that it has entered into an agreement to […]
7 February 2020MediFox and DAN Produkte merge to create MediFox DAN Group
MediFox, a leading provider of software solutions to outpatient, inpatient care providers and therapy practices in Germany, has announced the merger with DAN Produkte (“DAN”), a leading German care software provider with a strong presence in inpatient care. Transaction brings together two leaders of software innovation for the care industry, further strengthening solutions for outpatient […]
27 January 2020Hg invests in Intelerad Medical Systems
Hg invests in Intelerad Medical Systems, accelerating growth of best-in-class enterprise medical imaging solutions provider Transaction will reinforce Hg’s focus on healthcare technology, with over $1bn invested to date in the sector globally; Intelerad will look to use this new investment and expertise to maximize client business and health outcomes through innovation and operational excellence. […]
23 January 2020IRIS: Inside one of the UK’s most prolific business software providers
IRIS feature as part of the Telegraph’s ‘Connecting for Growth’ campaign. Read the full article here. CEO Elona Mortimer-Zhika, COO David Lockie and CPO JF Sullivan discuss how thousands of businesses use IRIS to help them focus on their core operations. Read our case study on IRIS here.
22 January 2020