Hg completed an investment in MDT Software.

Hg, a software and services investor, completed an investment in MDT Software, a provider of version control and change management software solutions. Financial terms were not disclosed. “MDT is a great business with a successful history and strong customer footprint. We see digitalization on the shopfloor as at an inflection point, with significant growth opportunity in this sector, both across new industry verticals and expansion into additional use cases. Having both Auvesy and MDT in our portfolio will enable us to offer better solutions to customers whilst driving innovation and adoption in this segment,” Benedikt Joeris, Hg Director.