Hg announces an investment in BrightPay

General News

Summary

Hg, the Manager of HgCapital Trust plc (“the Company”), today announces an investment in BrightPay, a provider of Accounting and HR payroll software to SMEs in Ireland and the UK. 10 September 2018: Hg today announces that it has agreed a first investment of Transition Capital in BrightPay, a provider of Accounting and HR payroll software to SMEs in Ireland and the UK. Based near Dublin, BrightPay provides easy-to-use and cutting-edge software solutions to enable SMEs to manage payroll, supported by excellent customer service. https://www.brightpay.co.uk/ HgCapital Trust plc, whose shares are listed on the London Stock Exchange (ticker: HGT.L), gives investors exposure through a liquid vehicle to a portfolio of high-growth private companies in the technology and tech-enabled sector. The selection of new investments and creation of value in these businesses are managed by Hg, an experienced and well-resourced private equity firm with a long-term track record of delivering superior risk-adjusted returns for its investors.

Classifications

industries
No industries detected
applications
Accounting and Taxes

AskAI Classifications

Labels
Payroll Software SaaS Accounting Integration Software

Linked Companies