HGGC: The Private Equity Firm of Choice

HGGC is a company of relationship investors who specialize in partnering with founder-owners, business sponsors, and management teams to create and nurture distinct midsize businesses primarily in North America.

As a top-level worldwide private equity firm with more than $4.3 billion in terms of cumulative capital commitments, this company invests in portfolio companies that have over 60,000 employees located all over the world. Over the course of its history, the organization has accomplished recapitalizations, add-on acquisitions, platform investments and liquidity events that collectively add up to over $17 billion.

HGGC is a highly successful middle market private equity firm. It is staffed with professional and seasoned team members who have years of experience in operations and in collective deals. A major ambition of the organization is to ensure that its interests are in sync with those of its partners so that all parties share in each other’s successes. The organization has been structured to capitalize on the best strategies and procedures from both private equity and global corporations in order to grow middle market businesses outpace the rest of the market.

HGGC performs recapitalization, growth equity, and leverage buyout investments in middle market organizations. They typically invest in businesses that are updating destination markets that are permeated with obsolete and less efficient technology, which includes businesses such as insurance providers, car dealerships, grocery outlets, and marketing agencies.

HGGC conducts business and investments with a wide range of industry sectors. These sectors include technology and software tech-compatible services, financial services, business services, industrial as well as consumer. The company tends to focus its investments on middle-market companies that produce between $100 million to $1 billion in yearly revenue. This private equity firm mainly works with North American investments, but it has been known to do business outside of the country as well.

Recently, HGGC agreed to sell a minority stake in Davies Group Ltd., a provider of computerized solutions, consulting, and tech-enabled operations management, to Alberta Investment Management Corporation (AIMCo), for the benefit of certain clients of AIMCo. However, it will retain its majority stake in Davies Group Ltd.

http://www.pjsolomon.com/news-and-events/hggc-to-buy-nutritional-supplements-company-in-446m-deal

HGGC’s Background and Recent Headlines

HGGC is a private equity firm which launched in 2007. It is operational in North America and the international platform. The firm’s headquarters are in California. But there are other offices in Florida, Utah, Massachusetts, and Foxborough. Currently, Richard Franklin Lawson Junior is the co-founder and president of the company.
The company is well-versed in the provision of financial services. The services comprise of platform investment, leveraged buyouts, recapitalization, and add-on pro curation. The firm’s quest is to invest in the business, commercial, industrial, and healthcare sectors.
So far, the firm invests from around $25-$ 125 million in investment companies. HGGC has interests in those companies having revenues around $ 100- $ 1000 million. When entering into a deal, the firm either takes minority or majority roles of control rights. Earlier,the company went by the name Hunstman Gay Global Capital, LLC.
HGGC Recent Tidings
In October 2018, HGGC publicized the expansion of its team. The firm stated that it was getting six new delegates across operations, investment, and financial departments. The additions would ensure successful execution of investment strategy. The move would also further the company’s portfolio value creation. Getting talented hires paves the way for the continuation of the firm’s growth trajectory. The consortium will get these staff from business and blue-chip financial brands.
The new Staff at HGGC
Colin Phinisey handles the firm’s capital market enterprise encompassing its portfolio. Colin is an expert who has garnered experience through capital market executions. Before joining the firm, Phinisey served at Deutsche Bank as a director. He labored there for more than eight years before gaining his current position at HGGC.
Christopher Guinn will be serving as the chief director. His work will centralize on active operations on the consortium’s portfolio. Christopher managed integration acquisition for Golden Gate Capital Company before his recent admission.
Zachary Adams is also part of those joining the consortium’s team. Adams previously served as a partner at the Boston Consulting Group. Zachary’s work consisted of pricing and market studies in the retail and industrial arena. Other individuals who have become part of the company are William Spector, Patrick Malanga, and Hao Qin.

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