Announced
Financials
Tags
software development
Minority
Germany
Private Equity
Friendly
Software
software-as-a-service
Private
Acquisition
Pending
Single Bidder
Cross Border
Synopsis
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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