Trace One’s cloud solutions enable global retailers and suppliers to collaborate and develop high quality, trusted and compliant private label products. It serves 25+ leading global retailers, 20,000+ suppliers and 60+ certification bodies across Europe and North America, covering 250,000 unique SKUs and more than 150 million product data points.

Hg partnered with Trace One in 2016 and supported the new management team with the implementation of profitability improvement initiatives as well the development of a long-term growth plan.

In 2021, Hg sold its investment in Trace One to Symphony Technology Group, a Palo Alto-based private equity firm focused on investing in the software, data analytics, and software-enabled technology services sectors.