Symphony Technology Group Acquires Trace One from Hg
April 28, 2021
Symphony Technology Group (STG), a Palo Alto-based private equity firm, has acquired Trace One, a Paris-based SaaS platform for the retail and consumer packaged goods (CPG) industry, from Hg. The deal (terms undisclosed) positions STG to accelerate Trace One’s organic growth and explore strategic acquisitions to expand its product and geographic footprint in the Retail/CPG software market.
- Buyers
- Symphony Technology Group (STG)
- Targets
- Trace One
- Sellers
- Hg
- Industry
- Cloud & SaaS
- Location
- Île-de-France, France
- Transaction Type
- Buyout
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