A Peek Into What HGGC Is And What It Does

HGGC, legally registered as HGGC, LLC, is a private equity firm that focuses on investing in businesses throughout the North American middle market. The firm was brought to working order in 2007 as H&G Capital Partners. In 2008, the company then became known as HGGC, LLC, a move that holds true through December 2018.

Like all other private equity firms, HGGC scopes out mid-sized businesses that are running on all proverbial cylinders. HGGC, in particular, aims to ink partnership deals with those mid-sized businesses’ managerial teams, financiers, and founders-cum-owners.

By working in conjunction with these individuals and groups, the private equity firm’s chances of successfully scaling the businesses they purchase ownership interests in increase significantly. The wide-ranging team of experts at HGGC can and consistently do call on the three aforementioned classes of potential partners to provide their input on all things related to doing business. If this company’s experts were to cut these partners out of the figurative picture, they wouldn’t be able to capitalize on the invaluable knowledge that these partners bring to the table.

Let’s look at the financials of the well-known, California-based private equity firm

As of December 2018, the 11-year-old financial services firm boasts a current level of total assets under management just short of $4.5 billion. The firm either has controlling ownership interests in its middle-market portfolio investments or is actively in partnerships with the owners, financial backers, and teams of high-level managers of those business entities to the tune of more than 100 of these mid-range entities.

In excess of 62,000 people work for the likes of all the businesses that this Palo Alto, California-based private equity firm has controlling or co-controlling stakes in. Another important financial statistic that the firm is proud to share with its investors, potential investors, and people who are simply interested in what the company stands for is that over $17.5 billion in transactions have been brokered and completed as of December 2018, dating back to the firm’s foundation in 2007.

Former NFL quarterback Steve Young is a high-level executive in the company and co-founded it over a decade ago.

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