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New Deal


Announced

HgCapital to invest $14m in F24.

Financials

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Transaction Value£11m
Consideration TypeCash
Capital Owned-
Capital Bid For-
EV/Sales-
EV/EBITDA-
Share Price Premium-
One Off Charge-

Tags

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software development

Minority

Germany

Private Equity

Friendly

Software

software-as-a-service

Private

Acquisition

Pending

Single Bidder

Cross Border

Synopsis

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HgCapital, a private equity firm targeting technology buyouts, agreed to invest $14m in F24, an SaaS provider for alerting and crisis management as well as critical business communication. "The effectiveness and speed with which businesses respond to crises can make or break their future success. Quality solutions that can add peace of mind, with a proven track-record, are highly valued by their customers. We recognise F24 as a true champion in this sector, with a global presence and serving clients across multiple industry verticals. We look forward to continuing their success and accelerating international growth," Nick Jordan, Hg Partner.

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