HGGC has a unique angle that it employs in its handling of mid-market businesses to help them outshine the market. HGGC has 19 members in its team, and this includes the two co-founders Steven young and Robert Gay who are now the Managing Partner and Executive Director respectively.
Being a privately owned equity firm, based in Silicon Valley, California, HGGC specialty is in leveraged company buyouts, recapitalisations, asset financing, new acquisitions, investment banking and middle market restructuring. From healthcare to technological firms, information services, food production companies, industrial chemical manufacturing and business services, this company seeks to invest in all sectors without the prejudice of whether they are public or private companies.
One of the firm’s objectives is to build and empower businesses in the mid-market to outperform their market category by coming up with designs which combine the best of practices form both international corporations and private equity. Currently, HGGC’s target market is the USA, with plans to look into opportunities in the global business platform.
Roughly, this company invests approximately $25-$125m in mid-level market companies. The firm has made acquisition of well over 14 other organisations. RPX Corporation was the most recent having been acquired in May 2018 for half a billion US dollars. RPX current portfolio is under the HGGC Fund III. It is based in San Francisco and after its acquisition; all the existing directors were removed and replaced with Steven Young, Richard Lawson, Steven A, Leistner and David Chung. Currently, this company is considered to be the leading equity firm in mid-market with over $4 billion worth of investment commitments.
This company is known for its application of technology as a significant tool in its operations. These products include Vimeo, Google Analytics, and Google Tag Manager. Its team comprises of a dynamically talented network of professionals that have both the operational and collective deal experience. HGGC’s use of technology as an informational and functional tool gives them an edge that gives them an advantage into a more comprehensive view into trends in the mid-market that are crucial in the shaping of opportunities in the near future.