Hg Invests in Empyrean Solutions with Spectrum Equity Participation

Consulting Solutions Acquires Empyrean Services and The Empyrean Group

May 18, 2022

Energy

Consulting Solutions, a portfolio company of White Wolf Capital, has acquired Empyrean Services and The Empyrean Group, two Pittsburgh-based providers of engineering and consulting services to the nuclear and non-nuclear power-generation industries. Empyrean will operate as a standalone division within Consulting Solutions to expand the platform's energy-focused engineering and workforce solutions capabilities.

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.

Empyrean (Securian Financial Subsidiary) Acquires Enspire

February 20, 2023

Software

Empyrean Benefit Solutions, a subsidiary of Securian Financial Group, acquired employee communications and engagement platform Enspire and integrated its technology to launch the +YOU employee experience solution. The acquisition expands Empyrean's benefits administration offering with Enspire's branded employee app and engagement analytics; Bridgepoint Investment Banking served as sole financial advisor to Enspire.

Hg Makes Major Growth Investment in Hyperion Insurance Group

September 29, 2020

Insurance

Hg has made a significant long-term equity investment in Hyperion Insurance Group, valuing the business at an enterprise value of about US$5 billion and providing up to $1.5 billion to fund selective acquisitions and investments in data and technology. Hg will join existing investors General Atlantic and CDPQ as a long-term partner while Hyperion's management and employees remain the largest shareholder group; the transaction is subject to regulatory approvals.

Hg Makes Strategic Growth Investment in CINC Systems

December 14, 2023

Cloud & SaaS

CINC Systems, a Duluth, Georgia–based provider of cloud-based accounting, banking integration and payments software for the community association management industry, has secured a strategic growth investment from Hg. The investment will see Hg join CINC's founder, management team and existing investor Spectrum Equity to accelerate product innovation, go-to-market expansion and continued growth following strong 2023 performance.

Hg Makes Strategic Investment in ProcessMAP

January 5, 2022

Cloud & SaaS

Hg, a leading software-focused private equity investor, has made a significant growth investment in ProcessMAP to accelerate the company's product development and global expansion in the EHS (environmental, health and safety) software market. ProcessMAP's management will retain a significant stake and the capital and sector expertise from Hg will be used to broaden the company's global footprint and advance its analytics-driven SaaS offering.