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.