Hg Makes Major Growth Investment in Hyperion Insurance Group

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 Fonds Finanz

December 10, 2021

Financial Services

Hg has made a majority investment in Fonds Finanz, a Munich-based tech-enabled financial intermediary pool serving insurance brokers, distributors and banks across Germany. The partnership will fund further technology investment, capability expansion into additional customer segments and potential add-on acquisitions to broaden Fonds Finanz's service offering.

Epiq Acquires Hyperion Global Partners

November 12, 2020

Consulting

Epiq has acquired Hyperion Global Partners, a business and technology advisory practice focused on legal operations and transformation, including its analyst unit Hyperion Research. The deal expands Epiq's legal transformation services and brings Hyperion's founder and CEO, Eyal Iffergan, into Epiq as Managing Director of its new legal operations advisory business.

Hg Invests in Empyrean Solutions with Spectrum Equity Participation

November 20, 2024

Software

Hg has made a significant growth investment in Empyrean Solutions, a Woburn, Massachusetts-based provider of risk and performance management SaaS for banks and credit unions. Existing investor Spectrum Equity is participating alongside Hg and current shareholders including TechVenture Investors and management will remain invested; terms were not disclosed.

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 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.