Hg Acquires AuditBoard for Over $3 Billion

GB Group plc Acquires Acuant from Audax Private Equity

November 18, 2021

Cybersecurity

GB Group plc (GBG) has agreed to acquire Acuant, a leading identity verification and KYC/AML provider, for a cash-free, debt-free enterprise value of $736 million. The acquisition—sold by Audax Private Equity—adds Acuant's ~200+ employees and ~1,000 customers to GBG, accelerating GBG's expansion into the US and strengthening its global identity verification and fraud-prevention product suite.

FiscalNote Acquires Board.org

June 16, 2021

Professional Services

FiscalNote, a Washington, D.C.-based provider of policy and market intelligence, has acquired Board.org, an Austin-based operator of vendor-free, peer-to-peer executive communities. FiscalNote plans to expand Board.org's communities and introduce them to its existing customer base to enhance its suite of intelligence and workflow solutions.

Workiva Inc. Acquires AuditNet

December 14, 2021

Professional Services

Workiva Inc. has acquired AuditNet, a global provider of audit content, tools and a digital community used by more than 160,000 audit practitioners. The acquisition (terms not disclosed) will integrate AuditNet’s content into the Workiva platform and Workiva Marketplace to strengthen the company’s GRC and audit 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.

Hg Acquires Majority Stake in GTreasury

May 18, 2023

Cloud & SaaS

Hg has made a majority investment in GTreasury, the Chicago-based treasury, payments, and risk management SaaS provider. GTreasury's management team and former majority owner Mainsail Partners will remain investors; Hg's capital and software operating expertise will support product development and geographic expansion. Terms were not disclosed.

GTreasury Acquires Hedge Trackers

January 18, 2022

Cloud & SaaS

GTreasury, a treasury and risk management SaaS provider, has acquired Hedge Trackers, a San Jose–based hedge accounting software and consulting firm. The deal brings Hedge Trackers’ Capella hedge accounting software and consulting expertise into GTreasury’s treasury and risk management platform to expand its SaaS capabilities for CFOs and treasury teams.