Articles from HGGC

HGGC, a values-driven, partnership-focused middle-market private equity firm with over $8 billion of cumulative capital commitments, today announced it has completed an investment in Equity Methods, LLC, (“Equity Methods”, “EM”, or “the Company”) a specialized provider of executive compensation and stock-based compensation (SBC) reporting, valuation, and advisory services. Montage Partners, a people-first private equity firm, exited its investment through the deal. Terms of the private transaction were not disclosed.

HGGC, a values-driven middle-market private equity firm with over $6.9 billion of cumulative capital commitments, today announced that it has signed a definitive agreement to sell AMI (or “the Company”) to investment firm THL Partners. Terms of the private transaction were not disclosed. The transaction is expected to close in Q4 2024, pending regulatory approvals.

HGGC, a leading middle-market private equity firm with over $6.9 billion of cumulative capital commitments, announced today that it has completed the sale of its portfolio company Marmic Fire & Safety ("Marmic" or "the Company") to investment funds managed by KKR. Terms of the private sale were not disclosed.

HGGC, a leading middle-market private equity firm with over $6.9 billion of cumulative capital commitments, today announced it has named Rachel Stock as General Counsel and Chief Compliance Officer, and Cecilia Kwan as the firm’s Chief Financial Officer.

True North Advisors, LLC (“True North”), a Texas-based registered investment adviser (“RIA”), today announced it has entered into a strategic partnership with Wealth Partners Capital Group (“WPCG”), a financial services holding company, and HGGC, a firm focused on partnership investing. WPCG and HGGC have made a minority equity investment in True North to help accelerate True North’s growth via targeted acquisitions. The management team of True North remain majority shareholders and will continue to control the decision-making and operations of the firm.

Grand Fitness Partners, one of the largest franchisees within the Planet Fitness system and backed by middle market private equity firm HGGC, today announced that it has completed the acquisition of eight Planet Fitness locations in California from PCV Holding Co. LLC, a top-tier Planet Fitness franchisee since 2011. As part of the transaction, the owners of PCV have rolled a portion of their proceeds into Grand Fitness and hold a minority stake in the business.

HGGC, a leading middle-market private equity firm with over $6.9 billion of cumulative capital commitments, today announced it has named Lindsey Press as the firm’s Global Head of Investor Relations.

HGGC, a leading middle-market private equity firm with over $6.9 billion of cumulative capital commitments, today announced it has promoted Colin Phinisey to Partner. Since joining HGGC in 2018 as a Principal, Phinisey has led Debt Capital Markets activities for all new and existing portfolio company investments, including acquisitions, recapitalizations, refinancings and capital structure management.

HGGC, a leading middle-market private equity firm, today announced it has made a strategic growth investment in Dentive, a founder-run dental service organization (“DSO”) that provides management services to entrepreneurial, doctor-run general and specialty dental practices primarily in the western U.S. Terms of the private transaction were not disclosed.

HGGC, a leading middle-market private equity firm with over $6.8 billion of cumulative capital commitments, today announced it has named Louise Husin as Chief Talent Officer. In this newly created position, Husin will be responsible for all aspects of talent acquisition, talent management and development, organizational planning, and employee engagement for the firm, as well as overseeing HGGC’s Diversity, Equity and Inclusion (DEI) initiatives.

HGGC (or “the Firm”) , a leading middle-market private equity firm with a sector-focused approach, today announced it has completed fundraising for HGGC Fund IV (“Fund IV”) with $2.54 billion of capital commitments. Fund IV exceeded its $2.25 billion target and continued to diversify its global limited partner base, including a significant commitment from the General Partner and its affiliates, who collectively remain the largest investor across all HGGC funds, ensuring strong alignment of interests.

HGGC, a leading middle-market private equity firm, today announced the creation of Aspire Holdings, a new company that will hold the firm’s investments in Registered Investment Advisors (“RIAs”) as it pursues a plan to invest up to $300 million in the space. To date, HGGC has taken equity stakes in three RIAs: Apella Capital, Merit Financial Group, and WA Asset Management (“WAAM”). HGGC Co-Founder and President Steve Young will act as Chairman of Aspire.