Hg Acquires Majority Stake in TrustQuay from Silverfleet Capital

Hg Acquires Majority Stake in GTreasury

May 18, 2023

Cloud & SaaS

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.

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.

Hg Acquires Stake in smartTrade Technologies from Keensight Capital and Pléiade Venture

April 24, 2020

Software

Hg has entered into an agreement to acquire stakes in smartTrade Technologies from Keensight Capital and Pléiade Venture. The investment will support smartTrade's R&D and global growth as a leading provider of multi-asset electronic trading solutions; smartTrade's management will remain invested alongside Hg.

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.

Silverfleet Capital Acquires Microgen Financial Systems Limited

July 1, 2019

Software

Silverfleet Capital has acquired Microgen Financial Systems Limited (MFS), a UK‑based provider of trust and fund administration software serving wealth, asset management and trust administrators. The investment will fund product expansion, geographic growth and M&A to build market leadership, with debt provided by Muzinich & Co and partial financing from the European Investment Fund.

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.