Hg has around 250 AI projects underway across its portfolio and is already seeing benefits in cost efficiencies and revenue acceleration, Alan Cline, head of North America, told PE Hub in the latest of our 2025 Outlook pieces.

Hg invested over $7.5 billion in companies over 2024, including AuditBoard, CTAIMA, Cube, Empyrean, Focus Group, Induver, Ivalua and Ncontracts. “I’m not saying we’re back to peak levels, but the last year has seen a healthy number of opportunities come our way.”

London-based Hg invests in European and transatlantic software and services businesses.

The firm has also been busy on M&A for its portfolio, completing over 220 investments in 2024, he added. That is on top of organic growth of 10-15 percent on average.

Read the full article where Alan shares his thoughts on:

The highlights and challenges for dealmaking in 2024

How the exit marketing performed in 2024

Macro events that could be challengers or drivers in 2025

AI's role in shaping the industry

Sectors Alan is most bullish on for 2025 and ones facing challenges