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New Deal


Announced

HgCapital Trust and TA Associates to invest in The Access Group.

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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Acquisition

Pending

Minority

Private Equity

Cross Border

Private

Friendly

Software

business management software

United Kingdom

Synopsis

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HgCapital Trust and TA Associates, two private equity firms, are set to invest in The Access Group, a provider of business management software to mid-market organisations. The transaction is subject to customary regulatory approvals and is expected to close in the first calendar quarter of 2021. Financial terms were not disclosed. ”Hg and TA’s further investment in The Access Group is a sign of our business and team’s strength. We look forward to continuing our relationship with our partners as we embark on further organic and acquisitive growth projects, as well as geographic expansion," Chris Bayne, The Access Group CEO.

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