Hg Acquires Majority Stake in GTreasury
May 18, 2023
Hg has made a majority investment in GTreasury, the Chicago-based treasury, payments, and risk management SaaS provider. GTreasury's management team and former majority owner Mainsail Partners will remain investors; Hg's capital and software operating expertise will support product development and geographic expansion. Terms were not disclosed.
- Buyers
- Hg
- Targets
- GTreasury
- Sellers
- Mainsail Partners
- Industry
- Cloud & SaaS
- Location
- Illinois, United States
- Transaction Type
- Buyout
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