Announced
Synopsis
Private equity investor HG Capital invested in Access Group, a provider of fully integrated business management software to UK mid-market organisations, in a deal which values the group at an enterprise value of approximately £1bn. Chris Bayne, CEO of The Access Group, commented, “We have enjoyed our close partnership with the team at TA Associates, and we’re very proud of the considerable growth we’ve achieved together to date. We look forward to continuing our relationship with them and welcoming our new investors, Hg, to further assist us in our journey as one of the UK’s leading providers of cloud-enabled business application software. With these two marquee investors, we will have access to significant resources and expertise to continue to deliver innovation and value for our clients.”
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