EidosMedia receives new investment from HgCapital
• 1 minute read
A change of majority ownership for the creators of the Méthode digital publishing platform
EidosMedia has today announced the acquisition of a majority holding in the company by European mid-market private equity firm HgCapital. The company, whose digital publishing solutions power many of the world’s leading news-media operations, joins other industry-leading technology companies in HgCapital’s TMT portfolio. Previous investors in EidosMedia include Wise Sgr and Aksia Group Sgr. EidosMedia’s management team will be reinvesting in the business. The terms of the transaction were not disclosed.
HgCapital operates a sector-focused investment strategy aimed at identifying companies aspiring to become industry champions with potential for further growth.
“We are delighted that HgCapital has chosen to make this investment in the future of EidosMedia,” said Gabriella Franzini, EidosMedia CEO. “We have a closely shared vision of the company’s future development and HgCapital will be able to provide the support and resources needed to achieve those objectives.”
“EidosMedia is a unique and high-quality business offering flexible software solutions to some of the world’s largest media and financial services companies. We look forward to working closely with the management team to expand their current offering. This is a fantastic addition to our portfolio of software assets.”
Jean-Baptiste Brian, a Director in the HgCapital TMT team
The investment from HgCapital will enable EidosMedia to consolidate its position in digital publishing solutions within the news media and financial sectors, while continuing to work on a new generation of products that offer unprecedented power and flexibility in digital content management and delivery.
Credit Suisse acted as advisor to HgCapital on this transaction.