IFS valued at €15 billion and more highlights within

IFS valued at €15 billion in minority stake sale

“With 20 years’ experience investing in software, we recognise exceptional businesses when we see them. Our increased investment in IFS reflects our conviction in their long-term vision and strong execution, which enables their customers’ digital transformation.”

Nic Humphries, Senior Partner at Hg.

Read more

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.

 

INSIGHTS

Orbit 47: Russell Kaplan of Cognition

What happens when AI can code? In this conversation with Cognition's Founding President Russell Kaplan we explore how AI is fundamentally transforming the landscape of software development. Drawing from his journey through Tesla's Autopilot team and Scale AI, Kaplan shares profound insights on leadership in rapid technological change.

Listen to the episode

Avaneesh Marwaha x Nasdaq Tech Talks

Avaneesh Marwaha, CEO of Litera, joins Jill Malandrino on Nasdaq TradeTalks to discuss the AI adoption gap and how businesses should navigate risks tied to global AI development.

Watch here

Hg NEWS

Hg strengthens executive team with promotions and CIO appointment

We are delighted to announce three new Partner promotions, seven promotions to Director and the appointment of our new Chief Information Officer! Read the announcement.

 

Hg's private wealth offering surpasses $1 billion in net asset value

Our open-ended investment vehicle for private investors, has surpassed $1 billion in net asset value (NAV), significantly ahead of schedule, following strong demand from private investors, family offices and Hg's network of founders. Read more

"It’s not how fast you go into the corner it’s how fast you come out of it."

Hg's Digital Summit 2025 comes to an end having brought together 160+ technical leaders from across the portfolio and beyond! Keep an eye for upcoming content from the summit. Learn more.

smartTrade announces strategic
investment from TA Associates

During our partnership with the team, smartTrade doubled their revenue, executed their first acquisition which strengthened their presence in North America, and laid the foundation for scalable growth. Read the announcement

Hg is PE House of the Year

We're thrilled to share that Hg has been named Private Equity House of the Year - Large-Cap (EV on entry >€500m) at the Real Deals Private Equity Awards 2025. Read the full list of winners

TECH in DACH 2025

We are thrilled to have hosted c.30 top software CEOs and founders from across Germany, Austria, and Switzerland at our inaugural TECH in DACH 2025 event in our new Munich office! Find out more

Hg's new Chinese name

We're excited to share that Hg now has a Chinese name: 恒光 (Heng Guang), meaning "Enduring Light” – a name derived from our value proposition “Enduring Enterprise”, with initials of “Heng Guang” also directly mirroring our name.

PORTFOLIO NEWS

"What makes a great company?"

Merete Hverven, CEO of Visma, Norges Bank Investment Management’s Annual Investment Conference. Merete focused her presentation on the importance of Visma’s strong culture to our continued growth and business success. Watch her presentation.

Septeo x BPIFrance

"We are delighted to welcome Bpifrance as a shareholder. This partnership will allow us to strengthen our role as a trusted partner for all our clients, as well as our position at the heart of the French technological ecosystem." Hugues Galambrun, founder and president of Septeo. Read more

Howden x Barnett Waddingham

Howden to acquire Barnett Waddingham, creating one of the largest pensions and employee benefits consultancies in the UK. Read more

IFS Q1 2025 Financial Results

“IFS is creating real market momentum thanks to more and more of the world’s most respected industrial companies embedding IFS.ai into the very fabric of their operations and business processes,” said IFS CEO, Mark Moffat. Read the full results

Visma x Finmatics

“We are very excited to welcome Finmatics to the Visma family, and broaden our core product offering to accountants in the DACH-region. We have been impressed by Finmatics high product quality and strong customer satisfaction." Merete Hverven, CEO of Visma. Read more

Focus Group x Matrix247

This acquisition marks a further step in Focus Group’s progressive drive towards offering customer-centric solutions to businesses across the UK, whilst delivering an unparalleled level of service, support and value to customers from an integrated network of regional hubs. Read more

The Citation Group x TrustID

TrustID’s cutting-edge tech and expertise means we can offer simpler, faster, and more reliable solutions for businesses. Together, we’re not just helping businesses meet their compliance obligations – we’ll be setting a new benchmark for innovation and ease-of-use in the industry.” Chris Morris, Group CEO of The Citation Group. Read more

Web Site
linkedin
twitter

Copyright © 2025 Hg, All rights reserved.

Our mailing address is:
Hg, 2 More London Riverside, London SE1 2AP