An Overview Of PE Firm HGGC

Armed with an extensive portfolio of industry achievements, HGGC is a private equity firm with a coveted reputation. Developed in 2007, the firm’s decade-long expertise inspires confidence. Steve Young, Richard Lawson, and Lance Taylor are the brains behind this leading middle-market agency, and they’ve been humbled by the immense success and praise their company’s earned. Forging partnerships with business owners, sponsors, and management teams, HGGC strives to take burgeoning companies to the next level. Specializing in platform investments, recapitalizations, private equity, add-on acquisitions, and information technology, HGGC has a vast array of knowledge at their disposal.

No doubt a prominent name in California’s financial industry, HGGC puts a premium on standing out from the competition. They use this same approach to arm their clients with a distinct edge. To date, Young, Lawson, and Taylor have acquired $4.3 billion in cumulative capital movements. Hallmarked for their advantaged investing practices, this PE firm pairs attractive multiples with burgeoning trends to source and acquire scalable businesses. Above all else, HGGC intends to propel companies to unparalleled heights using a repertoire of custom solutions, tried-and-true methods, and novel paradigms. One of their more recent ventures was funding FXP, a leader in CPQ solutions.

FXP, a company of tremendous promise and potential, piqued Lawson’s interest. Upon discovering the company’s vision, prowess, and talent, Lawson made the executive decision to take FXP on as a partner. Exceedingly grateful for the proposition, FXP promptly accepted the fundraising opportunity. With HGGC’s help, FXP’s exponentially expanded. In fact, Lawson’s mission was to evolve FXP into an internationally recognized brand. These days, Lawson, Young, and Taylor aim to fine-tune their skills while diversifying their knowledge. By keeping an ear to the ground, they intend to do just that. As the firm evolves, Young, Lawson, and Taylor hope to remain as profitable as they’ve been.

https://www.iam-media.com/defensive-aggregation/rpx-board-accepts-555million-purchase-offer-palo-alto-private-equity-fund

FPX Gets Capital Infusion from HGGC

HGGC is a middle-market, privately-held equity firm that has over $15 billion in investment transactions under its belt. In April of 2016 it acquired FPX, a global leader in enterprise Configure Price Quoting. In September of 2017 HGGC made an additional investment in the globally-expanding FPX to help facilitate further growth and expansion. The amount was undisclosed, but both parties state that it will be a useful amount that will assist in FPX growth and the profit of both companies.

Known for a successful track record of making investments in companies that compete in e-commerce realms, HGGC maintains a solid footprint in the digital market. FPX was a leading innovator in Business to Business sales, simplifying the process and increasing the profit for all concerned. Their 2016 acquisition of FPX seemed common sense, and the increased investment in FPX’s growth is seen as a natural extension of that initial investment.

FPX is a independent SaaS vendor that tries to stay ahead of the ever-changing digital marketplace and help their clients stay ahead as well while engaging in Business 2 Business transactions.

As a firm with a reputation for e-commerce investments, HGGC has conducted over $25 billion in aggregate transactions and has more than $4.3 billion in capital commitments. They not only acquire and invest in companies, but also engage in liquidity transactions, add-on acquisitions and recapitalization transactions, having more than 60 such deals to their credit.

The investment by HGGC in FPX is seen as an endorsement of FPX’s ability to continue to help their clients to increase sales compatibility and market share. As the co-founder and Chief Executive Officer of HGGC, Rich Lawson emphasized this confidence, stating that FPX was acquired because they were the best at what they do.

As an investor, the company doesn’t simply buy up other businesses: They invest in their growth alongside the current operations, investment and capitalization entities that were already there. In other words, they don’t find weak businesses: They find strong ones in need of investment capital and then work alongside them to facilitate their growth, profiting both companies in kind.

https://pitchbook.com/profiles/investor/22466-71