Hg announces the sale of GTreasury for a total transaction value of over $1 billion
"The business has firmly cemented its position as the most adaptable treasury platform on the market, evidenced by its accelerating growth, increasingly transatlantic footprint, and exciting product innovations, including the recent launch of GSmart AI. I have no doubt the GTreasury team will continue to thrive in this exciting new chapter.”
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Welcome to Hg’s monthly update, designed to keep you updated with news from Hg and our
network of portfolio companies. Follow us on LinkedIn.
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Perplexity’s Chief Business Officer Dmitry Shevelenko tells Hg's Farouk Hussein how execution velocity has become the company’s true moat. From scaling to 22 million monthly users to building trust as the scarcest online currency, Perplexity’s story is a masterclass in how focus and adaptability can outmaneuver size.
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As model capabilities compress, advantage returns to domain depth and product discipline. Success means starting with workflow, obsessing over integration, doing the "thick context" work, and measuring usage intensity, not pilots.
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Hg's Head of Growth, Chris Ross, in collaboration with Everett Berry at Clay, breaks down the three-level framework that’s helping Hg portfolio companies scale AI the right way - from literacy and standardization to true GTM advantage.
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On Alt Goes Mainstream, Hg's Chris Kindt joins Michael Sidgmore to share how we’ve embedded AI across Hg and our portfolio - from educating and exciting our teams to giving them hands-on hackathon time and fostering an AI-first culture.
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LISTENING RECOMMENDATIONS
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Dive into some of the podcasts that we are listening to!
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"Hg has an impressive track record, outstanding culture, and has made huge strides in AI innovation across the firm and portfolio. The opportunity to work with such a talented team and to contribute more broadly to the leadership in North America is a once-in-a career opportunity and I am looking forward to getting started." Read more
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"You can't amplify what's broken, you need to fix the foundations to achieve GTM Alpha." Chris Ross, Head of Portfolio Growth at Hg, defined the agenda as we gathered GTM Leaders from across Hg’s $180bn EV portfolio at the Hg Growth Summit 2025 in Vienna. Read more
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At our CHRO Forum, we explored practical frameworks for embedding GenAI into organisational DNA and the pivotal role CHROs play in supporting AI-first cultural transformation at every level of a business. Read more
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A huge thank you to our speakers and attendees from CENTURY Tech, Proskauer, Linklaters, Skadden, O Shaped, Azets and Trackunit for making this year’s GC Forum so impactful and collaborative. Read more
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“Integrating FairNow into AuditBoard’s Connected Risk Platform delivers the most comprehensive and modern solution on the market, directly addressing the enormous risks that come alongside this technology.” Read more
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“Kodex AI is a natural next step in CUBE’s strategy, allowing us to instantly deliver enhanced, AI-based compliance and risk capabilities to our global customers." Read more
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"The acquisition of FFN Connect gives both our fulfillment partners and retailers greater flexibility. Fulfillment service providers in the JTL network can now also connect retailers on the most popular platforms." Read more
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"This acquisition means we can now provide our existing customers with integrated chemical management capabilities, while offering new clients the specialized compliance solutions they've been seeking within a comprehensive EHS platform." Read more
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