Hg leads ~$1bn investment in insightsoftware
What's the deal? In July 2021 , insightsoftware attracted a strategic investment of about $1 billion led by Hg (with TA Associates remaining invested). The company provides finance, accounting, FP&A and operations software and is headquartered in Raleigh, North Carolina (US).
Context Hg described the deal as a significant minority stake supporting continued buy-and-build growth. Press reported a roughly $4 billion enterprise value context around the investment. Dealroom records the round as growth equity (non-VC) with Hg as lead.
