Hg Capital to invest $1bn in insightsoftware.

Hg Capital, a global software and services investor, agreed to invest $1bn in insightsoftware, a global provider of enterprise software solutions. insightsoftware will continue to be supported by existing shareholders TA Associates, Genstar and ST6. "In insightsoftware we have brought together some of the best investors and most experienced operators in enterprise software. This alignment and focus, after multiple years of working together to build businesses, has resulted in value creation of significant velocity after just a few years, starting with a business with $35m in revenues to one with revenues almost 10 times that today. There is still more to do to reach the full potential of insightsoftware. We’re just getting started and we’re thrilled to be partnering with Hg again on this journey," Mark Friedman, insightsoftware Executive Chairman.