HGGC: a Hall of Fame Private Equity Firm

HGGC, LLC is a private equity firm that specializes in significant transformations for middle market companies. The talented team of professionals has years of deal and operational experience. They seek companies they can partner with to create a situation where everybody wins. As part of the agreement,the firm looks to take a majority position in the company, but they will also take a minority position if they retain control rights.

When looking for deals, HGGC targets companies that have revenues between $100 million and one billion dollars and an EBITDA (Earnings Before Interest, Taxes, Depreciation, and Amortization) between $15 million and $75 million. Target companies have a market value of $100 million to $500 million. Companies can be either private companies or publicly traded companies. The typical investment size of each deal is $25 million to $125 million. The firm focuses on companies in the business services, financial services, healthcare, industrial services, chemicals, infrastructure, information services, manufacturing, consumer products, software, and technology sectors.

HGGC specializes in many types of transformations. When thinking of a private equity firm, most people expect leveraged buyouts, acquisitions, or taking a public company private. In addition to those kinds of projects, HGGC also works with partner companies to deliver platform upgrades or complete restructuring projects.

In 2018, HGGC took a public company named RPX private. RPX is a leading provider of patent risk and discovery management. This was the second take-private deal in the firm’s history. At the time of the transaction, RPX CEO Marty Roberts said, “being a private company will enable us to leverage our core strengths to drive value over the long term.” The deal is a winning situation for RPX because they now have access to capital through NGGC instead of having to raise or borrow money as a public company. NGGC also provides resource and operational expertise. The deal is a win for NGGC because they can now share in the profits of a growing business.

Formed in 2007, HGGC has a total transaction value of over $20 billion. They currently have $4.3 billion in cumulative commitments across 118 investments. NFL Hall of Fame quarterback Steve Young is one of the founders. In 2014, the firm was named M&A Mid-Market Private Equity Firm of the Year by Mergers & Acquisitions magazine.

https://www.businesswire.com/news/home/20181001005110/en/Colin-Phinisey-Joins-HGGC-Lead-Capital-Markets

Wondering What Future Lies Ahead, HGGC Brightest Plans Ever?

HGGC, a prominent California-based technology buyout firm, restructures leadership, as it embraces Neuberger Berman subsidiary alliance. Neuberger Berman Group’s primary acquisition vehicle, Dyal Capital Partners joins HGGC’s family of investors as a minority stakeholder. It maintains that the “Advantaged Investing Strategy” won’t deviate from its core vision.

The billionaire private equity holding has since appointed executive successors, enlisted new team players, and elected future shareholders. Les Brown, Steven Leistner, Lance Taylor, Jack Block, and Harv Barenz made partner. All talents have assumed pivotal corporate roles, where they’ve spearheaded various core projects for the investment giant.

Harv Barenz manages the firm’s business development side. He’s held this position since 2008 when he began his journey with HGGC. Steven Leistner joined the family the following year. He heads the manager’s fund series investments, which comprises of Dynata, Denodo, iQor, Selligent, etc. Les Brown has been around since inception. A former Dynata board representative, Brown now chairs Nutraceutical International Corporation.

Another fund series investments expert, John Block, started working with the group in 2010. He’s managed some of the firm’s elite clientele like Citadel, Hybris and Hollander. His current portfolio includes HelpSystems, Pearl, Davies Group, Mi9, FPX, Aventri, Innovative, and Integrity.

The CFO, Lance Taylor, also has an incredible background. He’s been a pivotal agent in ensuring optimal performance of HGGC’s accounting finance ecosystem. He’d functioned in a similar role with his previous employer, Calera Capital. In addition to his primary role as CFO Taylor was the firm’s CCO and MD.

Founders Steve Young, Gregory Benson, Bob Gay, and Richard Lawson established HGGC in 2007. The team strives to connect with sponsors, entrepreneurs, and senior executives across North America. As experienced relationship investors, they’re leveraging a strategic partnership model to scale differentiated middle-market companies through an advantageous collaboration.

It sources these collaborative experiences through recapitalizations, liquidity events, platform investments, add-on acquisitions, etc. Today, HGGC’s net value stands at $20 billion, of which, 21.5 percent accounts for cumulative commitments. Throughout its operational timeline, it’s accomplished 120 successful platform investments. The group takes a keen interest in the following sectors: software, healthcare, consumer, industrial, and information services.

https://www.iam-media.com/defensive-aggregation/rpx-board-accepts-555million-purchase-offer-palo-alto-private-equity-fund

HGGC Provides Reliable Investment Service To Clients

HGGC is a reputable private equity company with numerous clients and associates around the world. This highly regarded firm has been in business for years and has catered to various organizations and entrepreneurs.

Private equity can be a great way of amassing a fortune. Private equity investing is not an easy venture, but with the assistance of a well-established firm and its professionals, you can get without much hassle.

HGGC can help any beginner or experienced investor build a strong portfolio and achieve great success. This company gets involved in projects that deliver high returns for everyone involved.

Successful private equity firms build organized, managed, and financially stable businesses and organizations. They have access to top talent and excellent systems, which enable them to achieve great success in their various projects.

They also invest in real estate property and infrastructure and generate huge returns on investment. Anyone who wants to have a great team to guide and advise them should consider HGGC and its professionals.

Private equity investing is a great investment strategy and has created vast fortunes for numerous entrepreneurs around the globe. Achieving success in this type of venture is not an easy endeavor but with the guidance of a reliable team, you too can get your own share of the fortune.

The investment professionals at HGGC are highly knowledgeable in a wide variety of money management and financial service issues and they cater to clients from many different industries.

When you get in touch with them for investment or wealth building consultation, they will take the time to evaluate your current investment strategy and advise you on what steps to take to reach your goal.

HGGC and its professionals have great expertise in private equity investing and they will ensure that you understand how things work in the industry. They are fully committed to ensuring that their clients and partners benefit from their service.

There are service issues that need to be addressed before you get started in this industry and reliable advisors can guide you and ensure that you follow the proven path.

 

https://www.businesswire.com/news/home/20181001005110/en/Colin-Phinisey-Joins-HGGC-Lead-Capital-Markets

HGGC: A Pioneer in the Private Equity Investment Industry

HGGC, LLC is a privately owned equity firm with expertise in a variety of equity accounts to include leveraged buyouts, corporate carve-outs, and platform investments. The firm also has a diverse investment portfolio in business services, healthcare, and information services among many others. The company has the majority of its investments in North America but is also open to international opportunities. In most cases, the firm invests $25 million-$125 in a company that it feels has a potential for growth and success.

Recently, the firm made an announcement that it will be increasing the size of its team by adding six new hires in the financial, operations, and investment departments. The new hires come from highly successful companies and bring a wealth of knowledge and experience with them to help HGGC achieve its goals of continued growth. Colin Phinisey will be a Principal with the company and be in charge of capital markets accounts. He has a banking background and extensive experience in capital markets. Mr. Phinisey recently was a director at Deutsche Bank Securities Inc. for over eight years.

On September 27, 2017, FPX, announced that it had received an investment from HGGC. The amount of teh investment was not disclosed. FPX was acquired by HGGC in 2016. FPX specializes in Configure Price Quote(CPQ) solutions. HGGC is respected for its investment success in a variety of businesses. The company has aggregate investment values of over $15 billion and has notable investments in Hybris, MyWebGrocer, and Selligent. Richard Lawson COO of HGGC believes that FPX will soon dominate the CPQ market and that the investment will be well worth it. Prior to the investment, FPX had experienced tremendous growth and opened a European headquarters in Munich, Germany. During this same period, it expanded its operations in London. Senior Management leaders also created partnerships with SAP and Microsoft along with strengthening the international management team. FPX CEO Dave Batt commended the investment into the company and said it was a testament to the hard, success, and vision of the company. He feels that the market is constantly evolving and that more businesses will need CPQ solutions.

https://www.linkedin.com/company/hggc