Cornerstone VC reaches first close of £20m fund to back UK tech start-ups led by diverse teams
Founding investors of the new fund include BGF, The Hg Foundation (backed by software investor Hg), Senior Hg Partners and Atomico. Investments will target UK tech-enabled businesses at pre-seed and seed stage led by diverse teams. LONDON, under embargo until 05:00 Wednesday 3rd August 2022 Cornerstone VC, born out of black-led angel group Cornerstone Partners, […]
3 August 2022Intelerad announces significant investment from TA to accelerate growth
TA joins Hg and ST6 in supporting Intelerad to advance clinical efficiency and patient care through innovative medical imaging technology. RALEIGH, NC and MONTREAL, CANADA, July 14, 2022 – Intelerad, a leading global provider of enterprise medical imaging solutions, today announced that TA Associates (“TA”), a leading global growth private equity firm, has signed a […]
14 July 2022Ideagen secures partnership with Hg to support further growth as a regulatory and compliance software leader
Following support from the shareholder meeting on 23 June 2022, Ideagen has today delisted from the London Stock Exchange’s Alternative Investment Market. New partnership with Hg will enable support and capital required to propel future growth, including investments in product, technology, talent and further acquisitions. Ideagen also announces that Chris Bayne intends to join the […]
8 July 2022team.blue strengthens leadership team and prepares for further expansion
team.blue, a leading digital enabler for companies and entrepreneurs across Europe, today announces that it has received further investment and continued support from Hg, a leading software and services investor. The investment will help to supercharge the business and enable team.blue to implement ambitious plans for further expansion in its product offering of online solutions, […]
6 July 2022Norstella announces agreement to merge with Citeline
Citeline and Norstella Unite to Offer Life Sciences Clients a Full Suite of Commercial and Clinical Solutions The new organization will help life sciences companies improve strategic decision-making and accelerate the mission of smoothing access to therapy from pipeline to patient June 28, 2022 – Norstella, an organization that helps life sciences companies navigate the […]
28 June 2022Hg agrees sale of MEDIFOX DAN to ResMed for US$1bn
Since 2018 Hg has supported MEDIFOX DAN to establish itself as a leading provider of digital solutions for the German care, support and therapy sectors, driven by a focus on the customer, continuous innovation and nine strategic acquisitions. Hg continues to be active in the healthcare technology sector, having signed transactions in the sector worth […]
14 June 2022Howden Group creates new $30bn force in global broking through landmark TigerRisk deal
Partnership creates a standout reinsurance and advisory business, bringing full capability and scale to Howden’s diversified and differentiated brokerage, MGA, capital markets and data & analytics proposition 9 June 2022 – Howden Group Holdings (“Howden Group” or the “Group”), a leading international insurance group, today announces the acquisition of TigerRisk Partners, (“TigerRisk”) the leading risk, […]
9 June 2022The Access Group announces substantial investment to drive continued expansion at £9.2 billion valuation
Secures continued backing from its largest shareholders and experienced software investors, Hg and TA Associates Enterprise value of £9.2 billion Secures new refinancing including incremental facility for over £1 billion to support further strategic acquisitions LONDON, UK – 8 June 2022 – The Access Group, a leading provider of business management software to mid-market organisations […]
8 June 2022Hg agrees the sale of itm8 to Axcel
Together Hg and itm8 have more than doubled the size of the business, creating a leading SME technology provider in Europe. Herning, Denmark and London, United Kingdom. 18 May 2022. Hg, a leading software and services investor, today announces that it has agreed the sale of itm8, a leading supplier of IT services for private […]
18 May 2022The Hg Foundation appoints James Turner as its first CEO to scale its charitable activities within education and technology across the UK, Europe and US
Established in 2020, The Hg Foundation has committed over $8.5 million to eight multi-year partnerships year to date and has now appointed an experienced CEO to expand its impact alongside the Trustee group. James Turner is a leading figure in the world of education and social mobility, having worked in this area for over 18 […]
9 May 2022Hg announces offer for Ideagen PLC
Click here to view the announcement
5 May 2022The Hg Foundation backs Merit America to help low-wage workers access careers in tech
$500,000 grant will support nonprofit education provider’s data and analytics capabilities Washington DC, USA. April 14, 2022. The Hg Foundation, a grant-giving charity with a focus on removing barriers to education & skills in technology, today announced a three-year partnership with Merit America, a U.S. nonprofit that provides training and support to help low-wage workers […]
14 April 2022Hg strengthens executive team
Partner promotions and appointments across Hg support the continued growth and evolution of the firm, reinforcing Hg as one of the most active software investors globally London, United Kingdom; Munich, Germany and New York, USA. 12 April 2022 Hg, the leading software and services investor, today announces the recent appointment of four new Partners, a […]
12 April 2022LucaNet AG partners with Hg to build a global leader in Corporate Performance Management
Berlin, Germany. 11, April 2022. LucaNet AG (“LucaNet”), a leading German headquartered financial consolidation and planning software business, today announces that it has agreed a strategic investment from Hg, a leading global software and services investor. This marks a key milestone in the company’s growth and ambition to become a global leader in Corporate Performance […]
11 April 2022Hg invests in IFS and WorkWave
Hg will become a significant minority investor, in a transaction valuing IFS and WorkWave at $10bn USD. EQT to remain the majority shareholder, with TA as a significant minority shareholder. EQT, Hg, and TA will form a trio of world-class investors with decades of software experience, backing IFS and WorkWave for their next wave of […]
30 March 2022Ukraine – an update from Hg
March 2022 Dear investor, colleague, portfolio employee or friend of the firm, Like others, we have all been shocked to witness the devastating events unfolding over the last few weeks. We strongly condemn Russia’s unprovoked invasion of Ukraine and our thoughts are with all those affected by this incomprehensible tragedy. In times such as these, […]
16 March 2022The Hg Foundation forms a €750,000 partnership with The Technical University of Munich (TUM)
The programme will support mathematics, IT, natural sciences & technology (MINT) education for young women through tailored courses at rural Bavarian schools. The MINT-Impulse project aims to reach 600 girls & young women per year at select schools from rural areas across Bavaria, focused on those facing barriers to access extracurricular programmes. Female TUM instructors […]
9 February 2022Hg Joins Private Equity Industry’s First-Ever ESG Data Convergence Project Alongside Milestone Commitment of Over 100 LPs and GPs
Global LPs and GPs representing $8.7 trillion USD in AUM and more than 1,400 private companies commit to collaborative ESG reporting system in its inaugural year Since its launch in September 2021, the ESG Data Convergence Project, which seeks to standardize ESG metrics and provide a mechanism for comparative reporting for the private market industry, […]
31 January 2022Waystone completes investment from Montagu and announces new strategic investment from Hg
Montagu and Hg will become co-controlling investors, supporting Waystone to further scale its global platform for fund governance solutions Dublin, Republic of Ireland and London, United Kingdom 24 January 2022, Waystone Group, a leading provider of institutional governance, risk, and compliance services to the asset management industry, today announce that Montagu, a leading private equity […]
24 January 2022ProcessMAP partners with Hg
ProcessMap partners with Hg, a global software investor, to accelerate its strategy towards becoming a global software leader in worker health and safety management Hg’s strategic investment will accelerate ProcessMAP’s position towards a category leader in the rapidly growing EHS Risk and Compliance software sector. Ft. Lauderdale, Florida, USA and New York, New York, USA. […]
5 January 2022