
Year Founded: 1990
AUM: $55B | Dry Powder: $28.8B
2 More London Riverside, London SE1 2AP, England, UK
Founded in 1990, Hg is a private equity firm targeting technology buyouts primarily in the software and services sectors across Europe and the US. The firm seeks to invest in the financial services, healthcare, information technology, software, and SaaS businesses headquartered in Europe and North America
Key Contacts
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Philip Marshall
Chief Financial Officer & Board Member
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Nicholas Humphries
Senior Partner
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Justin Von Simson
Managing Partner
Investment Preferences
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Preferred Industries
Accounting, Audit and Tax Services (B2B), Automotive, Capital Markets/Institutions, IT Services, Legal Services (B2B), Legal Services (B2C), Software, Healthcare, Insurance
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Geographical Preference
North America, Northern Europe
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Preferred Deal Types
Buyout/LBO, PE Growth/Expansion
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Other Investment Preferences
Prefers majority stake, Seeks ESG investments, Seeks Impact investments, Will lead on a deal, Will syndicate
Investments By Year
Funds Closed
Size: $18.6B
Dry Powder: $18.6B
Details: The fund targets investments in the software and service sectors
Size: $1.2B
Dry Powder: $1.2B
Details: Hg Titan 1 is a buyout fund managed by HG Capital and located in London, UK
Size: $5B
Dry Powder: $2.4B
Details: The funds focuses on larger-cap companies with enterprise values above $2 billion
Investments By Industry
Investments By Region
Key Investments
In February 2023, TeamSystem, via its financial sponsors HgCapital and Hellman & Friedman reached a definitive agreement to acquire ContactLab, a subsidiary of Growens for an undisclosed amount
In July 2022, Hg Capital acquired Ideagen, a provider of compliance-based information management software, through a GBP1.1 billion public-to-private LBO
In July 2022, Hg Capital Trust, managed by Hg, invested $20.1 million of development capital in team.blue, a digital enabler for companies and entrepreneurs across Europe
In May 2022, Hg acquired LucaNet, a financial consolidation and planning software business, through an LBO for an undisclosed amount
In April 2022, Commify, via its financial sponsors HG Capital (UK) and HgCapital Trust, acquired CDYNE Services, a provider of data quality and communications web services for an undisclosed amount
In March 2022, Lyniate, via its financial sponsors HgCapital Trust and HG Capital (UK), acquired NextGate, a developer of identity management software for the healthcare sector, through a $615 million LBO
In February 2022, MediFox, via its financial sponsor HarbourVest Partners, HGCapital (UK) and HgCapital Trust, acquired AdiutaByte, a developer of dynamic real-time optimization software for solving complex fleet planning challenges for an undisclosed amount
In February 2022, Iubenda, a developer of a compliance platform was acquired by team.blue for $68 million, via its financial sponsors HgCapital Trust and HG Capital through an LBO
In November 2021, Sigma Conso, a developer of consolidation and reporting software application was acquired by Prophix Software, via its financial sponsors HgCapital Trust and HG Capital (UK), through an estimated $100 million LBO
In March 2021, Litera Microsystems acquired DocsCorp, a developer of hybrid desktop SaaS-based productivity software, via its financial sponsor HG Capital (UK) through a $102 million LBO
In December 2020, Abintegro, a developer of career development platform was acquired by The Access Group, via its financial sponsors TA Associates Management, HgCapital Trust and HG Capital (UK), through an estimated $30 million LBO
Other Details
Hg Capital has around 400 employees across London, Munich, New York, Paris and San Francisco. It has a current portfolio of around 50 businesses, worth over $120 billion aggregate enterprise value.
The latest open fund, Hg Mercury 4, is a buyout fund with a focus on businesses having enterprise values less than €750 million.
3i Group, A-Plan Insurance, abrdn Capital Partners, Achilles, Ad_Astra, Addison Software, Aeternum Capital, Alberta Investment Management, Allocate Software, Alpha Leonis Partners, AlpInvest Partners, Andrew Page, Ardan Equity, Ardian, Argus Media, Azets, Bain Capital, Baird Capital, Baldwins, Bank of Scotland, Blick Rothenberg, Bolster Investment Partners, Bridgepoint Advisers, CPP Investments, CVC Capital Partners, Deutsche Morgan Grenfell Group, EQT, ICG Enterprise Trust, Index Ventures, Kohlberg Kravis Roberts, Montagu Private Equity are the co-investors who invest alongside Hg Capital.
Source: Pitchbook, Company Website, Press Release