Hg is a leading investor in European and transatlantic software and services businesses.

Enterprise resource planning (ERP) systems sit right at the heart of business, managing core processes and critical flows of data and information across an organisation. The adoption of cloud software has revolutionised this function, enabling real-time and scalable systems that are so fundamental, that this pace of adoption and IT modernisation is beyond anyone’s previous expectations.

Tax & accounting professionals and regulators increasingly use software applications to manage mission-critical tasks, enabling them to be compliant and accurate whilst also enabling real-time reporting capabilities. This use of software, across several areas within the ‘office of the CFO’, is still in the early stages of what could be one of the biggest adoption waves for next generation cloud business software.

Legal and regulatory compliance processes are an increasingly essential part of business and wider society – ensuring transparency, safety, employee well-being, corporate responsibility, whilst also mitigating risk. Cloud technologies are rapidly overhauling manual processes that have long been the status quo, transforming the fundamental way these professions work and improving how we all manage risk.

Our focus within global fintech is on the software and data businesses that are underpinning the operation of and enabling the growth of the asset management, wealth management and capital markets industries.

The global healthcare sector faces rapidly increasing demand, constrained budgets and shortages in clinical staff. The software and data businesses we back bring about positive change, improving outcomes for the whole ecosystem - across patients, providers and payors - through our focus on healthcare operations, specialist core systems, life sciences, interoperability and population health sectors.

We are witnessing attractive multi-decade growth opportunities for software in previously legacy industrial environments  such as construction and manufacturing, that are increasingly adopting digital solutions to facilitate efficiency, reliability, safety, sustainability and customer value.

The success of small and medium sized businesses is essential to the global economy. We back entrepreneurs and businesses that provide compliance, digital and online services to SMEs, enabling them to scale their own companies and provide essential services for SMEs to professionalise and scale.

Insurance is at the heart of managing risks for individuals and businesses, so is typically a non-discretionary purchase decision.  The convergence of cloud-based software, data science, ageing legacy systems, and increasingly digital customers and employees is spurring a multi-decade cycle of software adoption and upgrades.