Symphony Technology Group Acquires Trace One from Hg

April 28, 2021

Symphony Technology Group (STG), a Palo Alto-based private equity firm, has acquired Trace One, a Paris-based SaaS platform for the retail and consumer packaged goods (CPG) industry, from Hg. The deal (terms undisclosed) positions STG to accelerate Trace One’s organic growth and explore strategic acquisitions to expand its product and geographic footprint in the Retail/CPG software market.

Targets
Trace One
Sellers
Hg
Industry
Cloud & SaaS
Location
Île-de-France, France
Transaction Type
Buyout

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