It’s another good year for the private equity firm, HGGC

Business has been good this year for the private equity HGGC this year. This middle-market equity private equity fund closed the year at an impressive $1.84 billion. This figure is significantly above the company’s $1.5 billion target and also its $1.75 billion hard cap. In a year that most firms in the investment equity struggled to break even, this was indeed a fantastic achievement for the company.

Keeping up the good performance

For the last few years, this private equity fund has been on its way up the business success ladder. Last year the company managed to close above its target and hard cap. Last year’s target was $1 billion and the hard cap $1.25 billion, yet the company was able to close at $1.33 billion. Comparing last year’s results with that of this year, it’s easy to see how much progress the company has made in just one year. The firm managed to make over half a billion I just a year. The management at HGGC promised that the good performance would be upheld in the coming years. Therefore, you can expect even better numbers at the close of next year.

The new hires

To perform even better, this middle-market equity firm just announced that it would be hiring six well-experienced business executives. This firm based in Palo Alto, California is looking to conquer the investment market and even extend its fingers to other continents, not just North America. The management of this equity fund stated that it would be looking forward to the new executives to settle in and help push the company towards its objectives and goals. The newly hired executives will fill up positional around, finance, operations, and acquisitions.


About HGGC


This middle-market investment firm was established in 2007. Leveraged buyouts, growth capital investments, and recapitalizations are among the firm’s strongholds. This equity firm has prospered primarily as a result of its uniquely talented and experienced team. HGGC harnesses the aligned interests of its partners, investors, and management to achieve its goals. For a while now, this private investment firm has been the role model for the other equity’s market businesses to learn from as a result of its superb business practices.

https://craft.co/hggc