HGGC Announces The Merger Of MyWebGrocer & Mi9 Retail

HGGC is a private equity firm that puts a significant amount of emphasis on technology-focused investments, and which has recently undergone a variety of changes and advancements. On October 15, the firm announced that it would be merging its MyWebGrocer (MWG) subsidiary with Mi9 Retail, with two of Mi9’s investors also taking part in the move. 

According to reports, MWG will be bringing its order management and e-commerce solutions to the new coalition, while Mi9 Retail will be utilizing its promotions management, analytics solutions, and much more. As a result of the merger between the two, HGGC notes that the company will be able to offer a more comprehensive software solution to retailers across the globe.

Reports have also suggested that the merger, once finalized, could generate several billion dollars in revenue, with this being the result of a combined 500 clients, including Nike and Levi’s. The news of the merger comes not long after HGGC announced the hiring and promotion of various professionals within the company.

One of the more notable promotions is Les Brown, who joined the company in 2007. For the past several years, Brown has served as a Board of Director member for the firm’s Fund II investment in Dynata. With the new promotion, he will now serve as Chairman of the Board of Directors for the business’ Nutraceutical International Corporation investment. 

Alongside this, Harv Barenz has been promoted to lead HGGC’s global business development efforts after serving with the company since 2008. Lance Taylor, John Block, and Steven Leistner have all also received various promotions. Outside of this, there have been a variety of new hires for the firm, with there being six new team members in total.

Prominent among these are Greg Caltabiano and Lindsay Sparks, who joined the company as executive directors and who will be charged with leading many of HGGC’s portfolio companies. Alongside this, Mo Gulamhusein has joined the firm as vice president while Holland Reynolds will serve as an investment associate. Chandni Shah comes on board as a fund accountant for the operations team, while Greg Caltabiano will also be working with the company going forward.

https://www.bloomberg.com/profile/company/3069467Z:US

Equity Investments with the Help of HGGC

Choosing an equity firm that you can trust is often difficult and time-consuming. For this reason, so many entrepreneurs are choosing the HGGC company. HGGC has been around for well over a decade and has become a wonderful option for people who need help in creating and starting up a business. The company was founded by Steve Young, Leslie Brown and Richard Lawson. These three professional investors felt that there needed to be a better option for people who wanted financial backing for a business idea that they wanted to start for themselves.

The company has been around for well over a decade and has worked with thousands of companies to date. You can find out more about HGGC and the type of work that they do by visiting their social media pages as well as their main website. The goal of the HGGC firm is to provide middle-market investing to entrepreneurs who need financial backing for startups as well as capital growth. Currently, the company has over four billion dollars in available assets and has helped thousands of companies to realize their true potential. This is the reason a lot of people have chosen to make use of the HGGC firm and are thrilled with what these experts are able to do for them.

You will find that the company is located in California, but they are able to help people all over the country who are looking to get the most out of this opportunity. You are going to want to take a look at the different services that they offer to those who are in need of assistance. If you would like to make use of this company, you can contact them to speak with them directly. This is a great way for you to get the assistance that you need in order to begin the company that you’ve always wanted for yourself. Be sure to take a look at what HGGC is able to do for you and see why so many people have already made use of this amazing company for all that they offer.

https://www.marketwatch.com/press-release/colin-phinisey-joins-hggc-to-lead-capital-markets-efforts-and-christopher-guinn-joins-as-executive-director-2018-10-01

https://www.pehub.com/2018/06/hggc-closes-rpx-acquisition/

HGGC on a global expansion program

Most companies from Silicon Valley seek keen on going global. This phenomenon is attributed to the emergence of a worldwide market that is too lucrative to ignore. Suddenly, the companies that wanted to limit their operations to the United States now want to establish offices in Europe, Asia, and other regions. One such company is the private equity firm, HGGC. They have been on a mission to get to the international markets for a long time, but this effort has received a renewed boost. Here is how they are doing it.

New acquisitions

The company has been acquiring new subsidiaries that are likely to help it to penetrate new markets. One of the companies that they bought recently is RPX. Through such acquisitions, they want to leverage on the networks created by those companies to find new markets. In return, they invest heavily in their new partnerships to help them find enough capital to fund their operations. This is a situation that works to the advantage of all parties involved. Recently, the CEO talked about the possibility of HGGC acquiring new companies shortly.

New appointments

To ensure that they have an easy time venturing in the unchartered international markets, HGGC has been making new appointments to their management staffs. They are always scouting for professionals who have expertise in a strategic investment. For example, they recently hired a new vice president and principal. If you look at these appointments, you will notice that they are all aimed at marketing the firm. This situation is believed to be focusing on global clients who would like to partner with the company to achieve their needs. The new appointees were tasked with things such as finding buyouts and sales and marketing.

HGGC already has international offices and clients. However, there are some regions where they have yet to make a mark, and these are the areas that they are targeting. Going by their success stories when expanding in the local markets, it is almost sure that they will be successful with this new mission, especially when you remember that they have a team of creative executives to back them up.

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