Hg Acquires MDT Software
August 4, 2021
Hg has completed an investment in MDT Software, a provider of version control and change management software for automated industrial environments, with the former majority owner (Desco Corporation) exiting. Headquartered in Alpharetta, Georgia, MDT will be aligned with Hg portfolio company Auvesy to form a global partner for industrial automation software; the transaction was made from Hg’s Mercury 3 Fund (terms not disclosed).
- Buyers
- Hg
- Targets
- MDT Software
- Sellers
- Desco Corporation
- Platforms
- Auvesy
- Industry
- Software
- Location
- Georgia, United States
- Transaction Type
- Addon
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