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Hg Invests in Prophix to Continue to Scale the Business and Invest Further in Product and Technology

Hg Invests in Prophix to Continue to Scale the Business and Invest Further in Product and Technology

01/06/21, 12:04 PM
Location
https://purecatamphetamine.github.io/country-flag-icons/3x2/CA.svgmississauga
Prophix, a global leader in Corporate Performance Management (CPM) software, today announces an investment from Hg, a leading global software investor. Hg’s investment is expected to accelerate and scale Prophix’s growth and fund further development of its product capabilities.

Company Info

Company
Hg
Location
mississauga, ontario, canada
Additional Info
Hg is a leading European investor in software and services, focused on backing businesses that change how we all do business. Deep technology expertise, complemented by vertical application specialisation and dedicated operational support, provides a compelling proposition to management teams looking to scale their businesses. Hg has funds under management of over $30 billion, with an investment team of over 140 professionals, plus a portfolio team of more than 30 operators, providing practical support to help our businesses to realise their growth ambitions. Based in London, Munich and New York, Hg has a portfolio of over 30 software and technology businesses, worth over $50 billion aggregate enterprise value, with over 35,000 employees globally. For further details, please visit the Hg website: https://hgcapital.com/.
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