Hg Makes Strategic Investment in CaseWare International

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.

H.I.G. Capital Invests in Digital Ware S.A.

February 12, 2019

Software

H.I.G. Capital completed a strategic growth investment in Digital Ware S.A., a leading independent software supplier headquartered in Bogotá, Colombia. The partnership will support Digital Ware's regional expansion and product/vertical growth across its ERP, HCM and hospital information system offerings.

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 Strategic Investment in HHAeXchange alongside Cressey & Company

September 14, 2021

Cloud & SaaS

Hg has made a strategic growth investment in HHAeXchange, a leading SaaS provider of homecare management solutions, alongside existing investor Cressey & Company LP, which will remain a significant shareholder and share joint governance. The capital will support HHAeXchange's continued product development and expansion of its enterprise and mobile platform serving payers, providers and state Medicaid agencies.

The Riverside Company Invests in Kaseware

April 10, 2024

Software

The Riverside Company’s Micro-Cap Fund has made a growth investment in Kaseware, a Denver-based provider of cloud-based investigation and case management software for public safety agencies and corporations. Riverside said the capital will be used to accelerate product development, expand customer support and drive geographic expansion.

Hg Takes Significant Minority Stake in IFS and WorkWave

March 30, 2022

Cloud & SaaS

Hg has agreed to become a significant minority investor in cloud software vendors IFS and WorkWave in a transaction valuing the companies at $10.0 billion. EQT will remain the majority shareholder while TA Associates remains a significant minority shareholder; the capital will support further organic growth and add-on acquisition activity.