Hg Acquires Majority Stake in GTreasury

Ripple Acquires GTreasury for $1 Billion

October 16, 2025

Cloud & SaaS

Ripple announced its $1 billion acquisition of GTreasury, described as the global leader in treasury management systems. The deal is intended to expand Ripple’s access to the multi-trillion-dollar corporate treasury market and combine GTreasury’s treasury/risk/compliance capabilities with Ripple’s digital-asset and payments infrastructure.

Hg Acquires Majority Stake in Nomadia

July 20, 2023

Cloud & SaaS

Hg has made a majority investment in Nomadia, a Paris-based SaaS provider of smart mobility and field service management software. Nomadia's management team and former majority owners remain investors; Hg will support international expansion, R&D (including AI and IoT) and potential M&A to build a European leader. Terms were not disclosed.

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.

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.

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 Leads Majority Investment in Sovos; TA Associates Joins as Minority Investor

August 20, 2020

Cloud & SaaS

Hg will lead a new majority investment in global tax software provider Sovos through its Hg Saturn 2 Fund, with TA Associates joining as a significant minority investor. The capital will support Sovos' geographic expansion, partner ecosystem growth and product/capability development as digital tax and regulatory transformation accelerates globally; terms were not disclosed and the deal was expected to close in H2 2020.