Hg Capital completed the acquisition of a majority stake in Serrala from Waterland.

Hg Capital, a private equity firm, completed the acquisition of a majority stake in Serrala, a financial automation and B2B payments software company, from Waterland, a private equity firm. Financial terms were not disclosed. “Serrala’s innovative solutions are critical as businesses look to invest in automating their finance processes for both inbound and outbound payments. Building on our strong organic and inorganic growth, as well as our investments in cloud technology, we are proud to welcome Hg to the team for this chapter of our growth story. As a specialist software investor, with a track record of growing technology businesses, they will work alongside the Serrala team to take the business to the next level," Sven Lindemann, Serrala CEO.