Last year, Hg announced the opening of a US office in New York, the firm’s latest expansion as a leading investor in software and service businesses, building on Hg’s activity in the US over many years.

The New York-based team has now grown to 15 professionals, supporting Hg’s existing activities in the US, whilst capitalizing on new investment opportunities presented by a local presence, having completed a further 2 platform and over 5 bolt-on transactions in North America.