Announced
Financials
Tags
Acquisition
Pending
Minority
Private Equity
Cross Border
Private
Friendly
Software
business management software
United Kingdom
Synopsis
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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