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HGGC Acquires Fire Protection Leader Marmic Fire & Safety New Investment to Accelerate Successful Acquisition and De Novo Expansion Strategy News provided by Share this article Share this article PALO ALTO, Calif., Feb. 2, 2021 /PRNewswire/ HGGC, a leading middle market private equity firm, today announced that it has completed the acquisition of Marmic Fire & Safety ( Marmic or the Company ), a leading full-service fire protection company, from Thompson Street Capital Partners ( TSCP ). CEO and founding family member Michael Teeter will continue to lead the business and will retain a substantial ownership stake in Marmic. Terms of the private transaction were not disclosed. ....
Buildertrend, the Leader in Construction Management Software, Secures Significant Investment Led by Bain Capital Tech Opportunities First institutional funding will accelerate growth and fuel acquisition strategy News provided by Share this article Share this article OMAHA, Neb., Dec. 24, 2020 /PRNewswire/ Buildertrend, the leading provider of cloud-based software for homebuilders, remodelers and specialty contractors, today announced that it has received an investment from Bain Capital Tech Opportunities and HGGC to accelerate its growth and expand the services it provides to customers. This first institutional investment will accelerate Buildertrend s growth trajectory through strategic acquisitions and drive expansion into adjacent offerings such as payments, data analytics and contractor services. Financial terms of the private transaction were not disclosed. ....
Specialist Risk Group to be acquired by HGGC 12/21/2020 | 07:06am EDT Send by mail : Message : Required fields LONDON AND PALO ALTO, Calif., Dec. 21, 2020 /PRNewswire/ Specialist Risk Group ( SRG ), a fast-growing specialist insurance broker, today announced that it has signed a definitive agreement to be acquired by leading middle-market private equity firm HGGC. SRG s management team will invest alongside HGGC and continue to hold a significant stake in the business. The private transaction is expected to close in Q1 2021, subject to regulatory approval. As part of the transaction, existing investor Pollen Street Capital will exit the business. SRG was formed by Pollen Street Capital through the acquisition of Miles Smith in 2018 and The Underwriting Exchange in 2019. Under the leadership of Group CEO Warren Downey, SRG is positioned for rapid organic and acquisition-based growth. ....
Aceable Receives $50 Million Growth Investment from HGGC Share Article The EdTech platform will use the capital to expand to new verticals, giving people the opportunity to change careers and gain access to higher-paid positions AUSTIN, Texas (PRWEB) December 17, 2020 Aceable, the mobile-first education platform, today announced that it has closed a $50 million growth investment, led by private equity firm HGGC. The investment will allow HGGC to partner with existing investors to support the Company’s organic and inorganic growth initiatives. First launched in 2012, Aceable has become known for reimagining state-accredited courses into digital learning experiences consumers love. To date, Aceable has launched driver’s education and defensive driving courses, as well as real estate certification courses. The additional funding will be used to expand the number of certifications the brand ....