Hg to acquire Litera Microsystems, from K1 Investment

Hg, buyout investments in the tech and services sectors company, to acquire Litera Microsystems, developer of document management software, from K1 Investment, a private equity firm that invests in high growth enterprise software companies. For Hg, Litera becomes the sixth legal and compliance business in its portfolio. "Hg stood out. Their experience in software, legal, life sciences and global expansion will enable us to reach new levels of success, whilst allowing us to further invest in our people and culture." Avaneesh Marwaha, Litera Microsystems CEO