Facts and figures about Hg as at 30 September 2020.
Europe’s largest investor in software & services
c. $12 billion of software and services proceeds returned at 2.9x / 34% IRR.
25+ years of investing
c.200 employees across London, Munich & New York
150+ total no. investments
$47bn+ aggregate EV
$30bn+ funds under management (as at 30 June 2020)
AA++ 2019 and 2020 UNPRI rating
Combined portfolio represents 3rd largest tech firm in Europe, with the fastest growth
$4.5bn total revenue of our companies
30+ platform investments
35k+ portfolio employees
+3.6% no. of employees across the portfolio
+23% revenue growth across the portfolio*
+27% EBITDA growth across the portfolio*
*Top 20 investments – Last 12 months as at 30 June 2020
2020 investment activity
$28bn total deal EV**
13 new platform investments
** Includes confidential transaction
Last 10 yrs investment activity
$58bn+ total platform deal EV
65 platform investments across software & services
The most active European technology PE investor in 2019
2020 investment activity
(Publicly disclosed transactions only as at 30 September 2020)
Access (ERP & Payroll, UK)
Investments: Mintsoft Ltd, Core HR, Webroster, DPS Software, eLearning For You, Eclipse Legal Systems.
Argus Media (Capital Markets & Wealth Management IT, UK)
Investments: Argus Media (platform deal), Agritel.
The Citation Group (Legal and Compliance, UK)
Investments: The Citation Group (platform deal), The Xact Group.
Evaluate (Healthcare IT, UK)
Investments: Evaluate (platform deal), Black Swan Analysis.
F24 (Tech Services, Germany)
Investments: F24 (platform deal).
Hyperion (Insurance, UK)
Investments: Hyperion (platform deal), A-Plan Group.
Intelerad (Healthcare IT, Canada)
Investments: Intelerad (platform deal), Radius.
IT Relation (Tech Services, Nordics)
Investments: Scott / Tiger, C2IT.
Litera (Legal and Compliance, Us)
Investments: Bestpractix, Best Authority / Levit & James
Medifox (Healthcare IT, Germany)
Investments: DAN Produkte.
Mitratech (Legal & Compliance, USA)
Investments: CMPG Risk Solutions, ClusterSeven Ltd, Tracker Corp.
P&I (ERP & Payroll, Germany)
Investments: P&I (platform deal), OP&V GmbH.
Silverfin (Capital Markets & Wealth Management IT, Benelux)
Investments: Silverfin (platform deal).
SmartTrade (Fintech, France)
Investments: smartTrade (platform deal).
Sovos (Tax & Accounting, USA)
Investments: Sovos (platform deal), Taxweb, Accordance.
team.blue (Tech Services, Benelux, Nordics, Southern Europe)
Investments: Natro, SuperHosting.
Transporeon (ERP & Payroll, Germany)
Investments: Sixfold, Mercareon GmbH, ControlPay.
Visma (Tax & Accounting, Nordics, Benelux, Poland)
Investments: Visma (platform deal), Visionplanner, Zetech, Framsikt, Nmbers, Conceptos, Specter, Fenistra, Draftit AB, Intradata, 1st Web, Fabric.ai, FirstAgenda, Onguard, Yuki, Codegarden, Cash Software.
A decade of software and services transactions (as at 30 September 2020)
2020* ($28bn total EV)
Intelerad / smartTrade / Argus / P&I / Silverfin / F24 / Evaluate / Sovos / Visma / The Citation Group / Hyperion
2019 ($8bn total EV)
Transporeon / Litera / Visma / team.blue
2018 ($4.3bn total EV)
Access / IT Relation / Allocate / IRIS / Medifox / Rhapsody / FE
2017 ($7.1bn total EV)
fundinfo / Mitratech / Visma / Register (exited 2019) / Mobility Holding
2016 ($2.7bn total EV)
Kinapse (exited 2018) / Sovos / Citation / Trace One / raet (exited 2018) / STP / Commify / CogitalGroup / Evaluate
2015 ($1.0bn total EV)
A-Plan / Foundry (exited 2019) / Eucon / EidosMedia / Zitcom (exited 2017)
2014 ($4.0bn total EV)
Relay Software (exited 2016) / Ullink (exited 2017) / Sequel (exited 2017) / Visma / Allocate (exited 2018)
2013 ($1.5bn total EV)
e-conomic (exited 2017) / Radius (exited 2018) / Intelliflo (exited 2018) / Zenith (exited 2017) / P&I (exited 2016)
2012 ($300m total EV)
Noventic (exited 2017) / Parts Alliance (exited 2017) / Valueworks (exited 2017)
2011 ($1.3bn total EV)
ATC (exited 2013) / NetNames (exited 2016) / IRIS (exited 2018) / CSH (exited 2013)
2010 ($1.5bn total EV)
JLA (exited 2018) / Lumesse (exited 2018) / SimonsVoss (exited 2015) / Manx Telecom (exited 2014) / TeamSystem (exited 2016)
Includes an investment that has closed but confidential | 2019 EV include Visma follow-on. 2020 EV include Visma and Sovos follow-ons.