General Atlantic to acquire an additional stake in The Argus Media Group from Hg Capital.

General Atlantic, a global growth investor, agreed to acquire an additional stake in The Argus Media Group, an independent provider of intelligence to the global energy and commodity markets, from Hg Capital, a private equity firm. Financial terms were not disclosed. "We are delighted that General Atlantic remains a committed partner to Argus in the next phase of our growth. Argus serves its customers around the world by navigating the challenges presented by the move to a sustainable future, which involves both traditional hydrocarbon and energy transition commodities. Our mission to bring transparency to these markets remains unchanged. I am pleased that Argus continues to be an independent business with many employees invested in the Company. I would like to express my thanks to the Hg team for their support and partnership which has been instrumental in helping Argus continue to grow," Adrian Binks, Argus Media Chairman and CEO.