insightsoftware attracts c.$1bn strategic investment from Hg
insightsoftware attracts c.$1bn strategic investment from Hg to continue to scale as a platform and leader in financial reporting and EPM software insightsoftware will continue to be supported by existing shareholders TA Associates, Genstar and ST6 in a transaction valuing the business at an Enterprise Value of around $4 billion Raleigh, NC, USA and London, […]
13 July 2021Hg agrees the sale of Allocate to RLDatix
Together Hg and Allocate have created a leading global platform in healthcare Human Capital Management software London, United Kingdom. 28 June 2021. Hg, a leading global software and services investor, today announces that it has agreed the sale of Allocate, a leading workforce and people management software-as-a-service (SaaS) provider to healthcare and government organisations, to […]
28 June 2021upReach and The Hg Foundation announce major new partnership
28th April 2021. upReach and The Hg Foundation announce major new partnership to boost opportunities for disadvantaged students to access careers in the technology sector. Designed to tackle the known socio-economic diversity challenges in tech, this ground-breaking partnership creates a new tailored programme of support for 500 undergraduates from disadvantaged backgrounds (the “upReach Tech500”) who […]
28 April 2021Hg invests in AUVESY to support the business’ leading position in the growing industrial automation sector
Landau, Germany and London, United Kingdom: 16 April 2021 Hg, a leading global software investor, today announces an investment in AUVESY GmbH (“AUVESY”), a leading global provider of version control and change management software solutions for automated industrial environments. As part of the transaction, the AUVESY management team will maintain a significant investment in the […]
16 April 2021Trackunit attracts strategic investment from Hg
24.03.2021, Aalborg, Denmark Trackunit has announced that Hg, a leading global software investor, has agreed to acquire a controlling interest in the company from Goldman Sachs and GRO Capital. The addition of Hg as the new owner provides specialized software-as-a-service (SaaS) expertise at a time of increasing technology mobilization within the construction industry. Trackunit, a […]
24 March 2021Mitratech Announces Strategic Investment from Ontario Teachers’
New investment enables Mitratech to continue to drive portfolio expansion with corporate legal, risk and compliance, workflow automation and human resources solutions enabling digital transformation Austin, Texas and Toronto, Ontario, March 24, 2021 Mitratech, a leading provider of legal and compliance software, announced today that it has agreed to a strategic investment from Ontario Teachers’ […]
Hg sells Trace One to Symphony Technology Group
Paris, France; Palo Alto, USA and London, United Kingdom24 March 2021 Hg, Europe’s leading software investor, today announces that it has entered into an agreement to sell its investment in Trace One to Symphony Technology Group (“STG”), a Palo Alto-based private equity firm focused on investing in the software, data analytics, and software-enabled technology services […]
Visma: one of Europe’s most inclusive companies
The Financial Times has released its second annual Diversity Leaders report. Over 100,000 employees from 15,000 companies across 16 European countries responded to an independent survey to assess the diversity performance of their companies. Respondents evaluated their employers on diversity measures such as age, gender, ethnicity, disability and sexual orientation. The result? Visma is proud […]
23 March 2021Bloomberg TV interviews Nic Humphries and Matthew Brockman
Bloomberg TV interviews Hg’s Nic Humphries and Matthew Brockman to discuss the move into cloud, tech valuations and cyber.
22 February 2021Two World-Leading Impact and Sustainability Funds Invest in Benevity, Accelerating the Movement to Drive Corporate Purpose
The Rise Fund and Generation Investment Management join Hg as strategic co-investors to elevate support for delivering and measuring ESG impact CALGARY, AB – February 16, 2021 – Benevity, Inc., a leading provider of global corporate purpose software, today announced that The Rise Fund and Generation Investment Management (Generation) have joined Hg in support of […]
18 February 2021The Hg Foundation partners with SEO Tech Developer
Sponsors for Educational Opportunity (SEO) is a New York-based organisation providing talented and motivated young people from underserved and underrepresented communities with access to educational and career opportunities. SEO, bolstered by long-term funding and support from The Hg Foundation, launched SEO Tech Developer, a new program to address the technology diversity gap for Black, Latinx […]
3 February 2021Hg invests in Prophix to continue to scale the business and invest further in product and technology
Mississauga, Canada; New York, USA and London, UK: 6th January 2021 – Prophix, a global leader in Corporate Performance Management (CPM) software, today announces an investment from Hg, a leading global software investor. Hg’s investment is expected to accelerate and scale Prophix’s growth and fund further development of its product capabilities. This deal will result […]
6 January 2021