HGGC: Deal and Operational Experts

Private equity firm HGGC is lead by former NFL-great Steve Young and specializes in platform investments, leveraged buyouts and add-on acquisitions. They are headquartered in Palo Alto, California and were founded in 2007. While the firm typically does business in North America, it will consider international investments as well, and it looks for opportunities in a number of fields including technology, manufacturing, infrastructure and many others.

The team at HGGC has years of combined deal and operational experience, and the firm has roughly 4.3 billion dollars of capital committed to various ventures and a total enterprise value of over 17 billion. Both investors and operators, the team develops preferred-partner relationships, and they are all about aligning interests as a means to increasing profits for everyone involved. HGGC looks for middle-market opportunities to get behind that have a vision for the future beyond the short term.

The company is known for its success in developing companies with strong e-commerce platforms, including Selligent, MyWebGrocer and Hybris. They are an adaptable and agile investment firm that combines reliability with vision, and they search for defensible companies to combine forces with.

Investment In FPX

A recent HGGC investment that made headlines was its commitment to FPX, the international leader when it comes to enterprise Configure Price Quote (CPQ) solutions. HGGC came through with a commitment for an undisclosed amount that is allowing FPX to expand internationally, speed up development, and enhance its own network of partnerships. An HGGC executive stated that CPQ is in a prime position to soon dominate the market, and that this new commitment can make that situation a reality.

This development comes in a cycle of rapid growth for FPX, and the company recently opened a European headquarters in Munich and expanded its presence in London. Furthermore, they formed strategic partnerships with tech giants Microsoft and SAP.

https://pitchbook.com/profiles/investor/22466-71