Senior Partner of Hg
Nic is the Senior Partner and Executive Chairman of Hg and has ultimate responsibility for Hg’s strategy, management and governance. He focuses on larger software investments that provide daily-use mission critical applications for accountants, lawyers, tax/compliance professionals and designers/engineers/scientists.
Nic is currently a director on the boards of IRIS, Sovos and Visma. He has led or co-led more than 30 investments over the last 27 years, including Addison (accounting software – sold to Wolters Kluwer), CSG (legal/ERP software – sold to Advanced plc), e-conomic (SaaS ERP – sold to Visma), Foundry (design & VFX software – sold to Roper Technologies Inc), Geneva Technology (telecom OSS software – sold to Convergys Inc), IRIS (Accounting/ERP software), NextGenTel (telecoms), RAET (payroll software – sold to Visma), Rolfe & Nolan (banking software – sold to ION Trading), Visma (ERP software), Xyratex (storage networking – listed on Nasdaq and sold to Western Digital).
Nic started his investing career in 1990. He focused exclusively on Technology since 1994 and joined Hg in 2001 as founder of the firm’s Technology Team. From 1990-2001 he was a director at Barclays Private Equity (now Equistone), Geocapital and 3i plc. He holds a first class degree in Electronic Engineering and was a IEEE and National Engineering Council scholar. He is a World Fellow of the Duke of Edinburgh Awards.