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Completed
Synopsis
H.I.G. Growth Partners, the dedicated growth capital investment affiliate of H.I.G. Capital, completed the strategic growth investment in Accounting Seed, a rapidly growing cloud-based accounting and financial management software platform. Financial terms were not disclosed. Accounting Seed plans to use the funding to execute its product roadmap, expand the team with key hires, make strategic acquisitions, and invest in additional sales and marketing activities to further accelerate growth. "Accounting Seed represents an ideal opportunity to invest in a differentiated and mission-critical cloud-based accounting and financial management solution that helps SMEs enact their digital transformation strategies. We are excited to be partnering with the entire team at Accounting Seed and to help them execute on the Company’s development plans," Evan Karp, HIG Managing Director.
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