HgCapital
Hg Munich partner departs after 10 years with sponsor
Stefan Margolis was promoted to partner in 2020 and led the GP's acquisition of Serrela
IRIS Software owner Hg plots post-summer sale
Auction for software platform could see a wide range of bidders, including US-based GPs
ESI Group draws EQT, Hg, Thoma Bravo interest
Listed French industrial software maker has drawn wide interest from sponsors and strategic players
Going, going, not gone: PE auctions bid for relevance amid risk-off environment
With a debt financing drought and macro woes denting exits, GPs are adapting the traditional M&A auction in favour of more flexible bilateral negotiations to get deals across the line
Hg to exit Transporeon in EUR 1.88bn sale to trade
Deal with US-listed Trimble sees German transportation software group double in value since 2019 buyout
The Bolt-Ons Digest – 11 November 2022
Unquote’s selection of the latest add-ons including Hg and ICG's Iris, Inflexion's THE, Bain's House of HR and more
Silverfleet to reap 3.1x money from TrustQuay sale to Hg
Exit of UK-based software provider set to generate 40%-plus IRR; Baird advised on auction
Hg to launch sale of business messaging group Commify
Moelis-led auction is expected to see the UK-based company marketed off EUR 25m EBITDA
Hg appoints advisers for IRIS Software auction
Business software provider could reach EUR 2bn valuation; unclear whether ICG will sell minority stake
Astorg, Epiris could turn to private debt for Euromoney takeover
Suitors expected to consider bringing in direct lenders for proposed GBP 1.6bn buyout
HG-backed Visma to divest IT consulting unit to CVC
Sponsor will invest in the carve-out from the Norwegian business software and IT provider via Fund VIII
Hg exits Medifox Dan to trade for EUR 950m, nets 4x return
Houlihan-Lokey led auction attracted large-cap sponsors such as BC Partners, Warburg Pincus and Permira
Hg’s MEDIFOX sale launch draws large-cap sponsor interest
Hg acquired the software platform for care providers in 2018 from ECM Equity Capital Management
Hg to sell Itm8 to Axcel, Chr. Augustinus Fabrikker
Danish IT services company will merge with Axcel-backed AddPro to form a new group with DKK 2.6bn revenues
Hg-backed Visma weighs sale of Custom Solutions division
Sale could be part of the Norway-based software and IT group's streamlining efforts ahead a potential IPO
Hg bolsters team with promotions and new hires
GP has promoted three to partner and fills newly created role, head of talen
Hg invests in EQT, TA backed IFS and WorkWave
EQT VIII exits majority of its positions and reaps 3x money after two years invested in the cloud software companies
Hg eyes exit from software and services group IRIS
Company could be marketed off annual EBITDA of more than GBP 110m; unclear whether co-owner ICG would seek an exit
Hg gears up for MEDIFOX DAN exit
Houlihan Lokey will advise on the sale of the healthcare software group, which has already seen interest from large sponsors
Hg explores ITM8 exit advised by Raymond James
Sale of Danish IT services asset is expected to kick before the end of this quarter
Large-cap sponsors join philanthropic fund-of-funds
Advent, Bain, Cinven, Hg, Nautic and Permira join the scheme
MML exits Waystone to Montagu, Hg for 11x money
Exit also sees 164% IRR and has returned 100% of the committed capital in MML Fund VI
PE-backed Argus Media explores potential 2022 IPO
Listing could value the information data provider at more than GBP 2bn
Hg invests in Bowmark-backed Pirum
Hg and Bowmark share joint control of Pirum with the company's management team retaining a significant stake