Hg Acquires Stake in smartTrade Technologies from Keensight Capital and Pléiade Venture

TA Associates Acquires smartTrade Technologies; Hg and Keensight Exit

April 3, 2025

Payments & Fintech

TA Associates has completed a strategic investment to acquire the stake in smartTrade Technologies, with CEO David Vincent and the management team investing alongside TA. Keensight Capital has sold its entire stake and Hg has fully exited its majority investment; TA's backing will support product innovation (including AI), geographic expansion and continued SaaS growth.

smartTrade Group Acquires TickTrade Systems Inc.

November 22, 2021

Cloud & SaaS

smartTrade Group has acquired Toronto-based TickTrade Systems Inc., combining complementary eFX SaaS trading and payments technologies to create a global leader in electronic FX trading platforms. The combined business will operate under the smartTrade name, with Hg remaining the majority investor and TickTrade co-founders remaining in senior management roles.

Hg Invests in The Septeo Group

November 19, 2020

Software

Hg has made a growth investment in The Septeo Group, a French LegalTech provider, partnering with founders and the existing management team to support product development, European expansion and targeted acquisitions. Septeo serves notaries, law firms, corporate legal departments and property managers with software solutions and employs over 1,400 people.

Hg Makes c.$1bn Strategic Investment in insightsoftware

July 13, 2021

Cloud & SaaS

Hg’s Saturn 2 Fund will make a c.$1bn equity investment in insightsoftware to become a significant minority shareholder alongside TA Associates, in a transaction valuing the business at an enterprise value of around $4.0bn. The investment will support insightsoftware’s continued scale as a cloud financial reporting and EPM platform, with existing minority shareholders Genstar and ST6 remaining supportive and TA and Hg sharing joint control.

Hg Acquires Majority Stake in TrustQuay from Silverfleet Capital

October 4, 2022

Cloud & SaaS

Hg has become the majority investor in TrustQuay, a Fleet, England–based provider of trust, corporate and fund services software, with former majority owner Silverfleet Capital fully exiting. The investment will support TrustQuay's global expansion and rollout of its SaaS product TrustQuay Online as the business accelerates digitalisation across the trust, corporate and fund administration market.

Hg Acquires Majority Stake in Nomadia

July 20, 2023

Cloud & SaaS

Hg has made a majority investment in Nomadia, a Paris-based SaaS provider of smart mobility and field service management software. Nomadia's management team and former majority owners remain investors; Hg will support international expansion, R&D (including AI and IoT) and potential M&A to build a European leader. Terms were not disclosed.