Today, Hg announces the sale of Intelerad, a global leader in medical imaging software solutions, to GE HealthCare in a transaction valued at approximately $2.3 billion. During Hg’s ownership, Intelerad has increased its revenue by more than 3.5x, transforming into one of the world’s leading enterprise imaging platforms. Hector Guinness and Laura Grattan, Partners at Hg, said: “Our partnership with Intelerad has been an outstanding journey of innovation, growth, and leadership in healthcare technology. We are incredibly proud of what the team has achieved and are confident that joining GE HealthCare will allow Intelerad to continue expanding its impact on global healthcare delivery.” Dr Katherine Wiles, Principal at Hg, added: “The digital transformation of healthcare is accelerating, driven by intelligent software that connects clinicians, patients, and data. Intelerad has been at the forefront of this shift, enabling faster, more informed clinical decisions through innovation and integration.” Read the full announcement: https://lnkd.in/enYMjT44 For the latest on Hg and our portfolio companies, subscribe to our monthly updates: https://lnkd.in/edWb4q6x
Hg
Venture Capital and Private Equity Principals
Together we build enduring software and services leaders that transform how people work
About us
Hg is a leading investor in European and transatlantic software and services businesses. We help to build sector-leading enterprises that supply critical software applications or workflow services to deliver intelligent automation for their customers. We take an active approach to value creation, combining deep end-market knowledge with world class operational resources to provide compelling support to entrepreneurial leaders looking to scale enduring businesses. With a vast European network and strong presence across North America, Hg has over $100 billion in assets under management and more than 430 employees. Our portfolio spans more than 58 companies worth around $185+ billion in aggregate enterprise value, employing more than 130,000 people and consistently growing revenues at more than 18% annually. If you’d like to see more, check us out at www.hgcapital.com and sign up to our monthly highlights at https://hgcapital.com/monthly-update
- Website
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http://www.hgcapital.com
External link for Hg
- Industry
- Venture Capital and Private Equity Principals
- Company size
- 201-500 employees
- Headquarters
- London
- Type
- Privately Held
- Founded
- 2000
- Specialties
- Technology and Services
Locations
Employees at Hg
Updates
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“A lot of people think you can buy a product off the shelf and it’ll magically solve your problems. Actually, the change management and driving the adoption is pretty hard ... That’s where we spend a huge amount of our team time." AI has huge potential across private markets, but real impact comes from getting the people and process right, not just the technology. We are proud to see Dr Amr Ellabban featured in PE Hub’s Private Markets 2030 series, sharing how Hg is helping portfolio companies turn AI into lasting value. Read more in PE Hub’s latest article: https://lnkd.in/eNPCW7YB For the latest on Hg and portfolio news, subscribe to our monthly updates: https://lnkd.in/edWb4q6x
📊 AI is reshaping private markets at speed In our latest Private Markets 2030 analysis, Hg’s Dr Amr Ellabban shares why AI is driving a step change in value creation, and why the most advanced adopters are seeing transformational results. ✔️ Read the full article https://okt.to/egaXWS #PrivateMarkets #AITransformation #PrivateMarkets2030 Craig McGlashan
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"It’s really easy to augment something bad. So we had to slow down, get the data right, get the inputs right, and now we’re seeing acceleration in efficiency and productivity." That mindset defined Chad Theule, Chief Customer Officer at insightsoftware, as he led one of the largest AI transformations in customer success. Rather than rushing to automate, Chad focused on getting the fundamentals right: clean data, structured information, and strong governance. By connecting Claude, Salesforce, and Gong, his team created what he calls “the democratization of intelligence around the customer”, unlocking faster insights, better engagement, and measurable impact across 100 products. In conversation with Andrew Taylor from Hg, Chad shares how slowing down first can be the fastest way to scale lasting customer success. 🎥 Watch the full discussion from the Hg Growth Summit 2025: https://lnkd.in/dHr84We9
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We’re excited to announce the launch of Hg Catalyst, our dedicated AI product incubator to accelerate product innovation across the Hg portfolio. Catalyst brings together more than 80 AI engineers, designers, and product managers who work directly with portfolio companies to build agentic AI products that deliver measurable customer and business value. Catalyst has already helped launch over 15 AI-powered products driving tangible value across the portfolio and entirely new product capabilities. This is how we help our companies move from experimentation to execution and own the next wave of AI-led growth. Find out more: https://lnkd.in/eCjXvkGZ For the latest on Hg and portfolio news, subscribe to our monthly updates: https://lnkd.in/eVF2VqSi
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Our latest quarterly update has been released highlighting 14 new platform investments worth over $35 billion in the last twelve months. Read the full update: https://lnkd.in/eXFDFbXb For the latest on Hg and portfolio news, subscribe to our monthly updates: https://lnkd.in/e_c4Wsyw
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“Six months from now, I’ll have a top priority that today I have no idea what it is - and that’s my alpha." In the latest Orbit Podcast, Perplexity’s Chief Business Officer Dmitry Shevelenko tells Farouk Hussein how execution velocity has become the company’s true moat. From scaling to 22 million monthly users to building trust as the scarcest online currency, Perplexity’s story is a masterclass in how focus and adaptability can outmanoeuvre size. 🎧 Hear how a company founded in 2022 is redefining the search experience and what leaders everywhere can learn about building fast in the AI era. Listen here: https://lnkd.in/e7KP2kjF For the latest on Hg and portfolio news, subscribe to our monthly updates: https://lnkd.in/g3dpzt2U
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FE fundinfo has announced the acquisition of Contengo Ltd, a UK-based technology provider delivering advanced performance reporting, wealth analytics and data migration solutions to independent financial advisers (IFAs). Liam Healy, Chief Executive Officer at FE fundinfo, commented: "We’re thrilled to have Contengo as part of FE fundinfo, and look forward to how it will help Nexus for Financial Advisers connect underlying workflows and both business and customer data across the IFA value chain, bringing a central Command Deck and integrated client service to financial advisers." Read the full announcement: https://lnkd.in/e7hJX998 For the latest on Hg and our portfolio companies, subscribe to our monthly updates: https://lnkd.in/dSNa_xUa
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Diamant Software GmbH, a leading provider of accounting and financial controlling solutions for mid-sized companies and public-sector organisations in Germany, today announces a strategic partnership with Hg. Benedikt Joeris, Partner, Hg, said: “Diamant Software is an excellent example of a fast-growing German software company with clear technical differentiation and deep expertise in accounting and financial controlling. We’re excited to support the company and its people through the next phase of growth, and to invest together in innovation and outstanding customer service” Read the full announcement: https://lnkd.in/eedSQSbC For the latest on Hg and our portfolio companies, subscribe to our monthly updates: https://lnkd.in/edWb4q6x
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Yesterday, 50+ product leaders from across the Hg portfolio came together for the CPO AI Summit to discuss how we will reshape product management & leadership in the AI era. Read more on why the CPO is becoming the centre of the universe: https://lnkd.in/enUas3dx Our mandate is clear - understanding that in every platform shift, the playbook must be rewritten, not updated. AI is changing how we build products, the pace at which we can move, the depth of customer understanding and the definition of success. CPOs today must master the art of customer workflows deeply, embed adoption thinking from day 1, and orient their roadmaps around the required outcomes and the problems we’re solving, not features we’re building. The goals are clear - deliver lasting customer value through better products, a deep understanding of your customers' pain points, faster innovation, and stronger product leadership. The opening evening saw Avaneesh Marwaha of Litera, and Hg's David Issott discuss defending market position against AI-native competitors – a conversation that underscored the urgency of resetting product ambition. Matthew Brockman kicked off the main day, underscoring the importance of product and CPO in the shift to AI. Oji Udezue (Twitter, Calendly, Atlassian & Typeform to name a few) delivered an inspiring keynote on how the role of the CPO is rapidly evolving – humility & agency are ever important. Lindsay Sparks, Hg Serial Chair, discussed setting a clear product direction and owning ‘the last mile’, bringing to life how he’s done this at the Hg businesses he chairs. Carrie Osman, CEO & Founder of Cruxy, and Christopher Maloof, Chair of Benevity, explored why deep customer understanding is now the true advantage for product leaders. We also heard from product leaders from across the portfolio – including Ashley Sakai Berenson, Derek Bluestone, Jay Jamison, Wes Childs, Travis A. – on how they have reshaped their teams and approach to what great product management looks like in the age of AI – from embedding deep workflow discovery, rapid prototyping and inclusion of telemetry into every build, to early alignment with GTM and customers teams to successfully build, launch, and drive adoption of new products. Across the sessions and discussions, one thing was clear: the CPO role is expanding – from delivery to cross-functional orchestration, from roadmap management to reinvention. The opportunity is vast, and the imperative to accelerate our businesses toward true product-led, AI-enabled growth has never been more critical. Thank you to everyone for the depth and candour you brought to the conversations. We look forward to continuing this dialogue with our CPO community as we build the next generation of products together. Jason Richards | Lloyd Hilton | Tim Harrison | Matthew Bradbury | Matt Gallagher | Jodi McDermott | Avani Venkateswaran
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Earlier this week, we were proud to partner with SaaS Summit Benelux 2025, where over 600 SaaS leaders gathered to share insights, connect, and learn. Hg's own Willem Haspeslagh moderated an insightful session titled "How to go global when you're not from Silicon Valley," bringing together Joris Van Der Gucht (Co-founder of Ravical), Jeroen De Wit (Co-founder of Teamleader) and Matthias Geeroms (Co-founder of Lighthouse). The three founders shared firsthand insights into scaling their businesses internationally, breaking down the key learnings, challenges, and opportunities they encountered along the way.
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