Altor Equity Partners to acquire F24 from Hg Capital for £18.4m.

Altor Equity Partners, a private equity firm, agreed to acquire F24, a European software-as-a-service provider, from Hg Capital, a private equity firm targeting technology buyouts primarily in Europe and the US, for £18.4m. "We are excited to join forces with co-founder Christian Götz, Dr. Jörg Rahmer and the management team at F24. F24 is a pioneer in building organisational resilience in the face of an increasingly volatile world. Their commitment to delivering high-quality solutions has earned them a stellar reputation across Europe and a loyal customer base. Together with Hg we look forward to accelerating F24's growth and expansion into new markets," Hajo Krösche, Altor Partner.