HgCapital
The Deals Pipeline
A highlight of deal processes underway and involving PE, either on the buy- or sell-side, across Europe
Hellman & Friedman transfers TeamSystem from fund VII to fund IX
Hg and the company's management team reinvest in the transaction as minority shareholders
CBPE hires Arma to sell Xceptor
Xceptor recorded group revenues of £27m and EBITDA of £10.8m for the year ending on 31 July 2020
Hg acquires Geomatikk
GP is deploying from its Hg Mercury 2 Fund, which held a final close on £575m in February 2017
Hg-backed IT Relation bolts on Improsec
With the latest acquisition, IT Relation will add cybersecurity as its fourth business area, alongside cloud services, business consultancy and professional services
Livingbridge sells Giacom to trade
Bidders for the company included Hg among a number of other trade and private equity bidders
Hg acquires Septeo Group
Deal sees Hg investing via Genesis 9 and reportedly values the legal tech business at more than €1bn
Hg exits Eucon to trade
Sale ends a four-year holding period for Hg, which backed the company via its Mercury Fund
Bregal to acquire STP from Hg
Hg invested in the legal software business via its first Mercury Fund in 2016
Hg-backed Iris acquires Isams
Previously a portfolio company of Hg 6, Iris is now owned by Hg Saturn Fund, which closed on £1.5bn
Hg, TA invest in Access Group
TA is currently investing from TA XIII, which closed on $8.5bn in May 2019
UK Fundraising Pipeline - Q4 2020
Unquote rounds up the most notable fundraises currently ongoing in the French market across the buyout, venture and secondaries spaces
Hg closes Saturn 2, Mercury 3 and Genesis 9 on hard-caps
Proskauer provided legal advice and Rede Partners acted as placement agent for the three funds
Hg invests $1.5bn in Hyperion at $5bn valuation
Hyperion's management team and employees will remain the largest shareholder group in the company
Hg reinvests in Citation
Hg sold the compliance software company to KKR in August 2020 in a transaction valued at £500-600m
Hg sells A-Plan to trade buyer Howden
A-Plan was part of the portfolio of Hg 7, which closed on £2bn in April 2013
Hg-backed Transporeon bolts on ControlPay
Hg acquired the Germany-based logistics software developer in 2019 in an SBO from TPG
Hg-backed Visma acquires Cash Software
Deal is Visma's fourth strategic acquisition in the accountancy software market
Hg increases stake in Visma, valued at $12.2bn
New investors Warburg Pincus and TPG will invest in the business for the first time, acquiring minority stakes
Hg sells Citation to KKR
KKR will also be investing from its Global Impact Fund, which closed on $1.3bn
PE-backed Visma acquires Dutch firm Yuki
Deal is Visma's third acquisition in the accountancy software market
Hg makes further investment in Evaluate
Hg Capital Trust has invested approximately £8.1m alongside other institutional clients of Hg
Hg invests in F24
F24 partnered with Armira in 2017, the former majority owner, which has now exited the business
Hg leads $30m series-B for Silverfin
Existing shareholders Pieterjan Bouten and Louis Jonckheere will leave the company
