Ncontracts acquires Venminder via Hg buyout
"We see Ncontracts swiftly becoming a ‘gold standard’ provider of highly automated,
AI-enabled, integrated software solutions for the financial industry. The merger
with Venminder creates a compelling platform with a comprehensive product suite
that can deliver significant value to customers.”
Alan Cline, Head of North America at Hg.
Read more
|
|
|
Welcome to Hg’s monthly digest, designed to keep you updated with news from Hg and our network of portfolio companies. The update can also be found on our website where you can also subscribe. Alternatively, follow us on X and LinkedIn.
|
|
|
|
|
"it's not that Hg doesn't care what our results are on a quarterly basis. They care very much, but they care very much in the context of a much longer-term value creation view and strategic perspective, I love that. That was one of the things that we really cared about." Scott Arnold, Auditboard. Read the article
|
|
|
|
|
“It’s an area where we would like to make investments because it’s such a critical part of the US financial infrastructure... It’s largely serving the people who don’t live in central metropolitan areas, and that’s a large percentage of the population. It’s completely critical to their daily lives." Hg's Alexander Johnson. Read more
|
|
|
|
|
Hg's latest quarterly update has been released highlighting 12 new platform investments worth over $33billion, including our most recent investments in Focus Group, AuditBoard, CTAIMA, and Ncontracts. Read more
|
|
|
|
|
We are pleased to share that we have been shortlisted for the 2024 Allstars' Growth & Buyout Fund of The Year Award. Matthew Brockman, Managing Partner, has also been nominated for the Investor of The Year award. Read more
|
|
|
|
|
Carlos brings over 30 years of experience in leading functions across the critical area of Customer Experience - most recently as SVP of Global Customer Success at RingCentral. Read more
|
|
|
|
|
"Co-founding an investment firm was the single biggest learning curve of my career. I learnt the foundational building blocks of how a business generally, and an investment firm more specifically, operates." Hg Partner, Samantha McGonigle. Read more
|
|
|
|
|
The forum brought together GCs and colleagues from across our portfolio to spend the day reflecting on their contributions and reframing priorities as leaders and partners in their businesses. Read more
|
|
|
|
|
This month we welcomed our latest talent to The Hg Academy: a development programme covering various elements of the Hg deal cycle. Read more
|
|
|
|
|
"The portfolio continued to experience strong underlying trading performance over the period with sales and EBITDA across the top 20 investments (78% of the portfolio) growing at 19% and 26% respectively.” Discover more
|
|
|
|
|
Hg was proud to send a delegation to the event this month. We have been the main sponsor since its launch and it’s great to see a thriving ecosystem of European software and tech leaders congregate in London. Find out more
|
|
|
|
|
During their third annual reception, The Hg Foundation opened applications for programmes aiming to support more women and non-binary individuals to enter and succeed in Computer Science pathways from secondary level onwards. Find out more
|
|
|
|
|
Tracking the stratospheric progress of IRIS over the last decade and considering the effects of private equity investment, CEO, Elona Mortimer-Zhika, and Hg's Nic Humphries discuss whether or not you need to be a techie to master a highly successful software business. Listen now
|
|
|
|
|
In this episode, the now Chairman of enterprise software giant, IFS, Darren Roos, looks back at his arrival as IFS CEO and how his work to transform the business required some transformation of his own. Listen now
|
|
|
|
|
With technological advancements beginning to shake up the insurance sector, founder-owned brokers could face the risk of lagging behind. We explore how the current climate offers a prime opportunity for brokers to strategize effectively to stay ahead of the curve and expand their operations. Read more
|
|
|
|
|
Nagraj Kashyap, Touring Capital Co-founder, sees the biggest potential in vertical AI, a second area of future innovation and investment opportunity within the next wave of generative AI, based on the view that LLMs will become commoditised.
Read more
|
|
|
|
|
Mark will join Pirum as Chief Executive Officer whilst Ben will join the executive leadership team as president and Chief Strategy Officer. Read more
|
|
|
|
|
With his extensive experience in scaling enterprise SaaS companies and working with impact-driven organizations, Chris is set to guide Benevity through an exciting next chapter of growth and innovation. Read more
|
|
|
|
|
This strategic acquisition reinforces Septeo's innovative solutions by complementing the offer of its recently created Digital Services & Security division, led by Bertrand Pigois. Read more
|
|
|
|
|
Howden has announced its launch into the Japanese retail insurance broking and captive consulting and management markets with the acquisition of Foresight Holdings. Read more
|
|
|
|
|
Brining over 30 years of sector experience, Distrito is a leading company in the development of ERP software for SMEs.
Read more
|
|
|
|
|
"We have a shared commitment to developing a connected future, where businesses can use converged technologies to accelerate growth." Read more
|
|
|
|
|
The partnership will strengthen team.blue's SaaS offering, enhancing their mission to simplify online business journeys for SMBs. Read more
|
|
|
|
|
"Through our recent growth and strategic acquisitions like AdviserAsset, we are building a suite of solutions that support each critical function of the profession, from onboarding and engagement to research and planning." Read more
|
|
|
|
|
"Their solutions will significantly strengthen our ecosystem in France, providing our customers with even more powerful tools to effectively manage their human resources.". Read more
|
|
|
|
|
“CashAnalytics is a perfect match for GTreasury and a very natural next step in the journey for our product, customers, and employees." Read more
|
|
|
|
|
The acquisition will further Access’ ambition to help recruiters globally to benefit from usable AI daily. Read more
|
|
|
|
