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Announced

Hg Capital to invest in Benevity.

Synopsis

Private equity investor Hg Capital agreed to invest in Benevity, a provider of corporate purpose cloud software. Benevity’s current investors, General Atlantic and JMI Equity, will remain significant investors in the business, alongside the Benevity management team. Financial terms were not disclosed. "It is truly exciting to partner with an organization that enables such positive impact to society, and we passionately believe in what Bryan, Kelly and their team are creating. Benevity is already a robust, high-growth business with a trusted platform for some of the world’s largest global brands looking to boost their purpose-driven activities. We look forward to working with the team to become even more pervasive and impactful," Nic Humphries, Hg Senior Partner.

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