Hg announces IFS strong H1 2026 results
IFS achieved 25% YoY growth in ARR and 24% in cloud revenue, with recurring revenue at 84% of total. CEO Mark Moffat notes customers scaling AI across operations.
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AI-focused private equity firm investing in enterprise software
hgcapital.comLast updated
In short: Hg completed a $6.4 billion acquisition of OneStream, invested heavily in AI innovation, and navigated a software valuation squeeze.
IFS achieved 25% YoY growth in ARR and 24% in cloud revenue, with recurring revenue at 84% of total. CEO Mark Moffat notes customers scaling AI across operations.
The sale includes a 30% uplift to Hg's book value and is expected to close in Q3 2026.
The investment will accelerate AI-led product vision for UK estate agents. Street Group serves thousands of branches.
The platform includes AI Grant Application Scoring and Match Assurance, reducing operational load and match decline rates.
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Investment trust HgCapital Trust said on Monday that estimated net asset values were broadly unchanged in the second quarter, as strong trading across its portfolio...
Hg, the leading investor in European and transatlantic software and services businesses, today announced that it has agreed the sale of its majority shareholding in...
Rightsline, a leading provider of rights and royalties management software for IP-intensive industries, today announced a $500 million strategic growth investment from Hg, a leading...
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