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.