HIG Capital-backed Hibu compled the acquisition of Signpost's Software Division from HighBar Partners and Georgian.

HIG Capital-backed Hibu, a provider of custom, innovative digital marketing solutions for local businesses across the US, completed the acquisition of Signpost's Software Division, used for SMB communication, from HighBar Partners, a private investment firm that provides strategic growth capital to enterprise and infrastructure software companies, and Georgian, a venture capital firm. Financial terms were not disclosed. "Navigating this intricate transaction was made considerably smoother with Carlsquare's expertise in the enterprise software realm. We are pleased that we found a strategic home for the software business with our long-standing partner Hibu," George Bilbrey Signpost CEO.