Ideagen, a specialist in compliance software for regulated industries, has secured an investment from Hg, a leading software and services investor.
Established in 1993 and headquartered in Nottingham, UK, Ideagen’s software helps companies comply with regulation and manage risk. It is a leader in the $30 billion-plus regulatory and compliance software sector, serving highly regulated industries such as life sciences, healthcare, banking and finance and insurance.
The Ideagen Board selected Hg as a recommended partner due to a strong cultural alignment, as well as recognising Hg’s over 20 years’ industry leading experience in building and rapidly growing innovative software businesses, including across the legal and regulatory compliance software sector. Ideagen represents Hg’s 15th investment in this specific sector, having invested over c$3 billion of capital to date.
Read more: Private Equity Wire
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