Hg Invests in Empyrean Solutions with Spectrum Equity Participation
November 20, 2024
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.
- Buyers
- Hg, Spectrum Equity
- Targets
- Empyrean Solutions
- Industry
- Software
- Location
- Massachusetts, United States
- Transaction Type
- Growth capital
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