HarbourVest Partners Invests in Citation Group alongside KKR and Hg

Hg Reinvests and Takes Co-controlling Stake in The Citation Group with KKR

September 22, 2020

Professional Services

Hg has exercised an option to re-invest in The Citation Group, acquiring a co-controlling stake and partnering with KKR to support the company’s next phase of growth. The investment backs Citation’s tech-enabled, subscription-based HR, employment law, health & safety and ISO services to thousands of UK SMEs; terms were not disclosed.

KKR Acquires The Citation Group from Hg

August 20, 2020

Professional Services

KKR has acquired The Citation Group, a UK-based provider of subscription-based HR, employment law, health & safety and ISO compliance services, from Hg. The transaction (terms undisclosed) was made by KKR through its European Fund V and Global Impact Fund to support further growth and expansion of Citation’s tech-enabled, subscription platform for SMEs.

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.

Harbourfront Wealth Acquires KJ Harrison & Partners

April 25, 2025

Wealth Management

Harbourfront Wealth Holdings Inc. has acquired KJ Harrison & Partners, a boutique wealth management and CIRO-registered investment dealer. The deal expands Harbourfront's assets under administration to nearly CAD 11 billion and strengthens its capabilities serving high-net-worth clients and family offices across Canada.

BV Investment Partners Invests in Hardenbergh Group; Stellus Provides Unitranche Financing

August 15, 2023

Healthcare Services

BV Investment Partners made a growth-oriented investment in The Hardenbergh Group, a provider of non-clinical professional staffing, consulting, physician peer review and outsourced GRC solutions to healthcare organizations. Stellus Capital Management provided unitranche senior debt financing and an equity co-investment to support BV's investment; proceeds will fund Hardenbergh's strategic growth plan and expansion of its GRC and staffing capabilities.

Charterhouse Capital Partners Invests in Vermeg

December 18, 2020

Software

Charterhouse Capital Partners has acquired an equity stake in Vermeg from Crédit Mutuel Arkéa, investing alongside Vermeg's founder and management who retain a shareholding. The investment will support Vermeg's continued organic growth and buy-and-build strategy to expand its software and digitalisation offerings for banking, insurance and wealth-management clients globally.