HGGC completed the acquisition of Monotype for $825m.

HGGC, a leading middle-market private equity firm completed the acquisition of Monotype Imaging Holdings, a leading global provider of design assets, technology, and expertise, enabling designers, marketers, and engineers to empower expression and enable digital engagement across any environment for $825m. Monotype Imaging Holdings provides text imaging solutions. The Company offers technologies and fonts enable the display and printing of digital text on a variety of consumer electronic devices, including laser printers, digital copiers, mobile phones, digital televisions, set-top boxes, and digital cameras as well as in numerous software applications and operating systems. “Today marks the beginning of the next exciting chapter for Monotype. The company’s world-class culture and a unique combination of design and technology perfectly position it to succeed in an evolving and demanding market. Through our partnership, we will look to further Monotype’s industry-leading reputation by pushing boundaries with next-generation font technology and creative, customer-centric solutions.” Rich Lawson, HGGC CEO and Co-Founder.