Hg Acquires Majority Stake in Fonds Finanz

Hg Acquires Majority Stake in F24

July 7, 2020

Software

Hg has agreed to invest in F24, a Munich-headquartered pan-European leader in emergency notification, crisis and incident management, and critical communications, becoming the majority shareholder after purchasing stakes from Armira and co-founder Ralf Meister. The transaction (terms undisclosed) will support F24's second phase of its buy-and-build strategy to accelerate international growth; F24 serves 2,500+ clients, employs ~170 people across 12 locations, and will keep its executive board significantly invested.

Hg Acquires Majority Stake in LucaNet AG

April 11, 2022

Cloud & SaaS

Hg has agreed to acquire a majority stake in Germany-headquartered financial consolidation and planning software provider LucaNet AG. The investment will support LucaNet's shift to a best-in-class SaaS product, accelerate international sales, and fund M&A to expand capabilities while the founders retain a substantial minority stake and Dominik Duchon will continue as CEO.

Hg Leads Growth Investment in Silverfin to Accelerate International Expansion

June 9, 2020

Cloud & SaaS

Hg has led a minority growth investment in Silverfin to support the Belgian cloud accounting platform's international expansion and product development. The funding (from Hg's Mercury 2 Fund) will help Silverfin scale its cloud-based financial data hub and analytics capabilities; terms were not disclosed.

Hg Makes Major Growth Investment in Hyperion Insurance Group

September 29, 2020

Insurance

Hg has made a significant long-term equity investment in Hyperion Insurance Group, valuing the business at an enterprise value of about US$5 billion and providing up to $1.5 billion to fund selective acquisitions and investments in data and technology. Hg will join existing investors General Atlantic and CDPQ as a long-term partner while Hyperion's management and employees remain the largest shareholder group; the transaction is subject to regulatory approvals.

Altor Acquires Majority Stake in F24 from Hg

July 1, 2024

Cloud & SaaS

Altor has acquired a majority stake in F24 AG from Hg, with F24's management reinvesting in the company. The private equity partnership is intended to accelerate F24's growth and support continued regional expansion of its Business Resilience SaaS offerings.

Hg Acquires Majority Stake in A-LIGN from Warburg Pincus

July 8, 2025

Cybersecurity

Hg has acquired a majority stake in A-LIGN from Warburg Pincus to support the cybersecurity compliance firm's next phase of global expansion. HgCapital Trust plc and other institutional clients of Hg (via the Hg Genesis Fund) are investing alongside Hg; terms were not disclosed. A-LIGN, headquartered in Tampa, Florida, is a tech-enabled cyber compliance and audit provider serving over 5,700 clients and will leverage Hg's resources to scale internationally and expand services.