STP software supports professionals in both insolvency and commercial law sectors in Germany and central Europe and the company has a strong track record in product development, customer service and innovation.
Hg partnered with STP in 2016 and supported the company’s growth towards a legal tech champion in Europe. STP strengthened its unique position in the insolvency sector with additional products and improved go-to-market, expanded its legal footprint and carried out add-on investments.
In 2020, STP was sold to German investment company, Bregal.
“STP has significantly benefited from Hg’s support over the last four years, leveraging the knowledge they have in the software and legal tech space, whilst also benefitting from valuable best-practice sharing that is promoted across Hg’s network and over 30 tech portfolio businesses. We are very excited about our new partnership with Bregal Unternehmerkapital and together plan an acceleration of new product and service introductions to help our customers drive efficiency at the workplace.”Uwe Richter, CEO at STP