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Announced

HGGC made a strategic growth investment in American Megatrends.

Synopsis

HGGC, a leading middle market private equity firm, made a strategic growth investment in American Megatrends, an American hardware and software company. Financial terms were not disclosed. “AMI is perfectly situated in the system software ecosystem to deliver world-class products and services to its customers and to continue to lead a rapidly evolving industry in innovation,” said Bill Conrad, Principal of HGGC. “We are very excited to work with Shankar and the senior leadership of AMI to continue to grow the company by developing new products and solutions critical to their customers’ success.”

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