HgCapital Trust

HgCapital Trust is a private equity firm based in London, established in 1980, that focuses on unquoted investments primarily in technology and technology-enabled services. The firm aims to deliver long-term returns that exceed the FTSE All-Share Index by targeting companies where strategic and operational improvements can enhance value. Its investment strategy encompasses a diverse range of sectors, including business products and services, consumer products, energy, information technology, software as a service (SaaS), advanced manufacturing, industrials, infrastructure, and clean technology. HgCapital Trust primarily operates in Northern Europe, including Belgium, Luxembourg, the Netherlands, and the United Kingdom, providing investors with exposure to a dynamic portfolio of growth-oriented companies.

Steven Batchelor

COO, Partner and Member of the Operating and Realisation Committee

14 past transactions

MMIT

Private Equity Round in 2021
Formularies from P&T to point of care: MMIT brings transparency and guidance to pharmacy and medical benefit information. Payers, pharmaceutical companies, providers and pharmacies use our data and workflow app to provide clarity from P&T to the point of care, ensuring consistent managed care decisions across the healthcare market.

Genome Wisdom

Series A in 2019
Genome Wisdom is a precision medical technology service provider specializing in gene-based solutions for clinical and personal genomes. The company focuses on delivering high-throughput, high-precision genomic data services, including the analysis of disease molecular mechanisms through multi-omics integration and the dynamics of oncology treatments. Utilizing artificial intelligence and big data technologies, Genome Wisdom aids clients in biomarker discovery based on genetic and pathological data, thereby enhancing clinical efficiency. Additionally, the firm engages in the design and implementation of scientific research projects, particularly in areas such as molecular pathology analysis and tumor surveillance.

Transporeon

Private Equity Round in 2019
Transporeon is a logistics software provider that connects manufacturers, retailers, and wholesalers with logistics service providers. Headquartered in Philadelphia for its operations in the Americas, the company offers three cloud-based logistics platforms: Transporeon for transportation management, TICONTRACT for e-sourcing and freight bill auditing, and MERCAREON for dock scheduling tailored to the retail sector. These platforms collectively link over 1,000 shippers, 57,000 carriers, and 100,000 users across more than 85 countries. Established in Germany in 2000, Transporeon provides user-friendly web-based solutions that facilitate various logistics processes, including RFP management, load tendering, and real-time tracking. Its services help clients enhance competitiveness, reduce costs, and address complex freight challenges through automation and real-time insights.

BrightPay - Payroll Software

Venture Round in 2018
BrightPay is a simple but comprehensive payroll software package that makes managing payroll quick and easy. It's designed for small to medium sized employers and payroll bureau service providers.

IT Relation

Acquisition in 2018
IT Relation A/S is an information technology company based in Herning, Denmark, founded in 2003. It specializes in IT outsourcing, service desk, and hosting services, along with a comprehensive range of IT operation services such as client management, antivirus and spam filtering, IT monitoring, and application management. The company also offers IT consultancy in areas including security, project management, and Microsoft licensing, as well as IT development and mobility services. With a workforce of 115 employees, IT Relation has established itself as a leading provider of IT outsourcing services in Denmark, catering primarily to small and medium-sized enterprises seeking to migrate their IT infrastructure and leverage cloud solutions.

IRIS Software Group

Private Equity Round in 2018
IRIS Software Group Limited primarily provides business critical software and services to accountants and payroll professionals in the United Kingdom. It offers IRIS Accountancy Suite, an integrated, modular solution to automate various aspects of corporate finance departments, including accounts, tax, practice management, company administration, and payroll under the IRIS, PTP, and Drummohr brands. The company also provides IRIS OpenApps, a cloud computing solution; IRIS Accounts and tax software for corporates; and iXBRL solutions. In addition, it provides various services, including training, implementation, technical services, customer support, hosted services for IRIS OpenHosting, and outsourced services for IRIS OpenHosting. IRIS Software Group Limited was founded in 1978 and is based in Datchet, United Kingdom.

FE fundinfo (Australia) Pty

Private Equity Round in 2018
FE fundinfo facilitates more efficient investing across the globe by connecting fund managers and fund distributors and enabling them to share and act on trusted, insightful information.

FE fundinfo

Corporate Round in 2018
FE is a data, analytics, and software vendor focused on the performance analysis to the financial services industry. It operates a proprietary database of complete retail funds data with global coverage and history, built up over 20 years. Its goal to make sure this information is understood by the people who matter – the investors whose money is being entrusted to the fund management industry. Formed in 1996, FE is a private company with a strong international presence throughout Europe and Asia Pacific.

Mobility Holding

Funding Round in 2018
Mobility Holding is a platform set-up by Hg to acquire businesses in the automotive distribution and financing space.

FE fundinfo

Venture Round in 2016
Fundinfo is an international platforms for information and mandatory publications of investment funds. It facilitates the publication & dissemination of fund data and documents between asset managers and distributors of funds (including banks, insurance companies, financial advisers, family offices, fund platforms).

Visma

Private Equity Round in 2014
Visma is a provider of business software and services focused on enhancing efficiency in accounting and administration for both the private and public sectors. The company operates through three main divisions: Software SMB, Software Government & Large Accounts, and Business Process Outsourcing (BPO). Its diverse clientele includes small businesses, government entities, educational institutions, and large enterprises seeking to streamline administrative processes. Visma develops a range of solutions, including web-based accounting, invoicing, CRM systems, and e-government applications, aimed at reducing bureaucratic hurdles and improving collaboration. The BPO division offers comprehensive outsourcing services such as accounting, payroll, and financial consultancy across the Nordic region. Founded in 1996 and headquartered in Oslo, Norway, Visma is committed to delivering high-quality customer service and innovative solutions that empower organizations to focus on their core activities.

IRIS Software Group

Private Equity Round in 2011
IRIS Software Group Limited primarily provides business critical software and services to accountants and payroll professionals in the United Kingdom. It offers IRIS Accountancy Suite, an integrated, modular solution to automate various aspects of corporate finance departments, including accounts, tax, practice management, company administration, and payroll under the IRIS, PTP, and Drummohr brands. The company also provides IRIS OpenApps, a cloud computing solution; IRIS Accounts and tax software for corporates; and iXBRL solutions. In addition, it provides various services, including training, implementation, technical services, customer support, hosted services for IRIS OpenHosting, and outsourced services for IRIS OpenHosting. IRIS Software Group Limited was founded in 1978 and is based in Datchet, United Kingdom.

IRIS Software Group

Private Equity Round in 2004
IRIS Software Group Limited primarily provides business critical software and services to accountants and payroll professionals in the United Kingdom. It offers IRIS Accountancy Suite, an integrated, modular solution to automate various aspects of corporate finance departments, including accounts, tax, practice management, company administration, and payroll under the IRIS, PTP, and Drummohr brands. The company also provides IRIS OpenApps, a cloud computing solution; IRIS Accounts and tax software for corporates; and iXBRL solutions. In addition, it provides various services, including training, implementation, technical services, customer support, hosted services for IRIS OpenHosting, and outsourced services for IRIS OpenHosting. IRIS Software Group Limited was founded in 1978 and is based in Datchet, United Kingdom.
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