HGGC specializes in making transactions that can help two or more companies provide clients with improved customer service. An example of this is the sale of Davies Group minority stock to Alberta Investment Management Corporation, which provided AIMCo with new growth and expansion opportunities.
Types of Investments HGGC Typically Makes
Mergers – One example of this is when HGGC orchestrated the merger between Mi9 and MyWebGrocer. Mi9 provides online shopping software, and MyWebGrocer is a digital media and software company. Both corporations joined in an effort to provide strengthened retail operations for brands around the world including Levi’s, Giant Eagle and Abercrombie.
Acquisitions – For instance, HGGC acquired the Nutraceutical International Corporation in 2017. This company was formerly run by CEO and Chairman Frank W. “Bill” Gay II for almost 25 years. Chad J. Clawson took his place after Bill Gay retired. The purpose of this acquisition was to continue growth and expansion in a way that better serves its vitamin, mineral and supplement customers.
Capital investments – Three major investment funds were started that raised more than $4 billion in capital commitments. Primary investors include these three technology companies: MyWebGrocer, Hybris and FPX. These investment funds were raised to continue to provide support to customers who make purchases online and to companies who want to enhance customer service tools.
More About HGGC
This private equity company just celebrated its 10th anniversary in 2018. They make relationships with and transactions with mid-market public and private firms. Their investment range usually is from $25-$125 million in companies with an EBITDA revenue between $15-$57 million. Enterprise value typically sought after usually is between $100-$500 million.
HGGC also usually seeks to hold the majority of company shares when making deals. If not, they typically aim toward acquiring control rights even if the transaction results in minority holdings. Industries of interest typically include technology, health care, industrial and automotive, and business services.
HGGC is a company that has managed to gain an incredibly reputable name for itself, particularly because of the goals that the company has been able to achieve through the years. Through the work that they do, HGGC has been able to help hundreds of companies who otherwise would not be able to grow as much without their help. The company is known for being incredibly well established owing to the numerous number of companies and businesses that they have been able to serve.
Building strong business relationships has always been at the core of the services that HGGC provides. At the company, the focus has always been on the partnerships that they form with businesses that are looking to grow. The main focus of the company has been on improving the quality of work done by middle market businesses, particularly, ones that are located in North America. Through the years, the company has been able to work with a number of notable companies and has managed businesses that are over 17$ billion in total worth.
HGGC is one company that is incredibly proficient with a variety of different sectors owing to the wide scope of clients that they have had. The company has worked with businesses within different kinds of business and consumer sectors and has also worked with financial firms, healthcare institutions, industrial companies and companies that are working within the field of information and technology.
Strong leadership and services are one of the core principles that the company operates on. At HGGC, the focus on professionalism and quality work have always been strong, which is why the company actively encourages their employees to put their best foot forward and work for the betterment of their clients and the company as a whole.
The company follows a number of core principles that alter the manner in which they function. For the company, the belief is that any company can embark on a mission of advantageous investing, which is a result of a good deal flow and disciplined investments that are made. Because of the manner in which they work, the company has been able to distinguish itself from others within this sector.