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Announced

Completed

Hg Capital completed an investment in smartTrade Technologies.

Financials

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Transaction Value-
Consideration TypeCash
Capital Owned-
Capital Bid For-
EV/Sales-
EV/EBITDA-
Share Price Premium-
One Off Charge-

Tags

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France

fintech company

Acquisition

software development

Private

Friendly

financial software

Private Equity

Single Bidder

FinTech

Completed

Minority

Venture Capital

Cross Border

Disposal

Synopsis

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Private equity firm Hg Capital completed an investment in smartTrade Technologies, a managed services and hosted software provider for trading desks. Financial terms were not disclosed. "Welcoming Hg, a real expert in software and technology in this sector, creates a truly compelling offering. I am personally very excited about the prospects of the business. Keensight Capital and Pléiade Venture have played a decisive role in our growth to date, and we are grateful of their involvement. Now, with Hg's support, alongside the smartTrade team, I am committed to further developing a great service for our customers, as they look to modernise their own systems," David Vincent, smartTrade Technologies Chief Executive Officer and Co-Founder.

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