Announced
Financials
Sources
Tags
Private Equity
private equity
Private
Acquisition
United States
Private Equity
Minority
Synopsis
Private equity investor Dyal Capital acquired a minority stake in HGGC, a leading technology-focused private equity firm. Financial terms were not disclosed. "We're very excited to partner with Dyal Capital, which has a stellar reputation for investing in best-in-class firms," said Rich Lawson, Chairman, CEO and Co-Founder of HGGC. "Dyal's investment provides HGGC with balance sheet capital to continue to develop our strong platform while increasing commitments to our own funds and strengthening alignment with our limited partners."
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