Hg Leads Growth Investment in Teamworks

Hg Capital Makes $500 Million Growth Investment in Rightsline

May 28, 2026

Cloud & SaaS

Rightsline, a rights and royalties management software provider, announced a $500 million strategic growth investment from Hg to accelerate AI innovation and international expansion. Klass Capital (majority owner since 2020), Salem Partners, and the broader management team will also invest alongside Hg as part of the transaction.

Teamworks Acquires Sportlogiq

January 15, 2026

AI & Machine Learning

Teamworks has acquired Sportlogiq, the Montreal-based leader in AI-powered hockey analytics, integrating Sportlogiq’s computer vision and tracking technology into Teamworks’ Intelligence platform. Sportlogiq’s team of roughly 80 employees (including 10 AI researchers) and its iCE platform will join Teamworks to expand its analytics, game-preparation, and talent-evaluation capabilities across professional and collegiate sports.

Dragoneer Leads $235M Series F in Teamworks

June 17, 2025

Cloud & SaaS

Teamworks, the Durham-based operating system for sports, raised $235 million in an oversubscribed Series F led by returning investor Dragoneer Investment Group at a pre-money valuation above $1.0 billion. The primary and secondary financing will fund expansion of Teamworks' AI and data science capabilities and accelerate product development across its talent, performance, coaching and operations suites.

H.I.G. Growth Partners Invests in Worksuite

August 14, 2023

Cloud & SaaS

H.I.G. Growth Partners, the growth-capital affiliate of H.I.G. Capital, has completed a strategic growth investment in Worksuite, an end-to-end freelancer operations management cloud platform. The funding will support Worksuite's product and go-to-market expansion as it scales its contingent workforce management, compliance, and payments capabilities for enterprise customers.

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.

TA Associates and Charlesbank Invest in HelpSystems (joins HGGC)

October 10, 2019

Cybersecurity

Private equity firms TA Associates and Charlesbank Capital Partners have signed definitive agreements to become additional investors in HelpSystems, joining existing investor HGGC as well as management and employees. The minority growth investment will provide capital to accelerate HelpSystems' organic growth and support complementary acquisitions of cybersecurity, automation and analytics solutions.