Investment Summary

HgCapital Invests In GGW

On January 1, 2021, private equity firm HgCapital invested in insurance company GGW

Investment Highlights
  • This is HgCapital’s 3rd transaction in the Insurance sector.
  • This is HgCapital’s 23rd transaction in Germany.
Investment Fate
  • GGW was sold to a consortium of financial buyers in 2023.

Investment Summary

Date 2021-01-01
Target GGW
Sector Insurance
Investor(s) HgCapital
Deal Type Growth Capital

Target

GGW

Hamburg, Germany
GGW is a property & casualty (“P&C”) focused insurance broker mainly serving SMEs in the DACH region. GGW do even more! In addition to excellent advice on all insurance issues, GGW provide additional services to ensure the corporate security of customers over the long term - so that they can concentrate on their core business with peace of mind. GGW is based in Hamburg, Germany.

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Investor(S) 1

Investor

HgCapital

London, United Kingdom

Investor Investor Investor Investor Investor


Category Private Equity Firm
Founded 2000
PE ASSETS 70.0B USD
Size Mega
Type Sector Agnostic
DESCRIPTION

HgCapital is a European private equity firm focused on a wide range of transactions including public-to-private leveraged buy-outs, management buy-ins, divestitures, and turnarounds. Broad sectors of interest include consumer and leisure, healthcare, industrials, services, technology, media, and renewable energy. The Firm will consider both majority and minority investment positions. HgCapital is the successor to Mercury Capital Partners, a former unit of Merill Lynch which was spun out by management in 2000. HgCapital has offices in London and Munich.


DEAL STATS #
Overall 124 of 153
Sector: Insurance M&A 3 of 4
Type: Growth Capital M&A Deals 22 of 28
Country: Germany M&A 23 of 28
Year: 2021 M&A 1 of 14
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2020-12-18 Geomatikk Group

Oslo, Norway

Geomatikk Group is a tech-enabled services provider delivering solutions and services to manage safe excavations, 'before-you-dig-requests', Utility works, and Street works. Geomatikk is protecting the infrastructure for more than 300 network owners, handling 2 million transactions and more than 250 thousand physical field detections annually. Geomatikk Group was founded in 2005 and is based in Oslo, Norway.

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FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2021-01-06 Prophix Software

Mississauga, Ontario, Canada

Prophix Software is a provider of CPM software serving mid-market companies across multiple industries worldwide, providing planning, budgeting and financial reporting software into the ‘office of the CFO’. Prophix’s software allows organizations to improve their financial reporting capabilities, while also standardizing and streamlining the budgeting process to generate significant ROI through a faster time to close, reduction in budgeting errors and an ability to reforecast in a more agile way. Prophix is a leader in its segment with over 1,600 customers, industry-leading retention rates and best-in-class customer NPS. Prophix Software was founded in 1987 and is based in Mississauga, Ontario.

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