HGGC is one of the leading mid-level market private equity companies with a cumulative capital commitment of close to four billion dollars. The company is headquartered in Palo Alto, California. Since inception, the firm has finalized hundreds of liquidity events, platform investments, recapitalizations, as well as numerous add-on purchases.
2018 has been an eventful year for the company as it has been on a recruitment spree that will help it foster its portfolio in terms of value creation. HGGC recently made six talent hires which saw Christopher Jones being hired as an Executive Director, and Colin Phinisey being tasked with leading its Capital Market Efforts.
Christopher has joined HGGC as one of its Executive Directors. His role will require him to actively work within the company’s existing portfolio. Prior to this new appointment, Chris was involved in an incorporation process that saw Ply Gem Industries take over Golden Gate Capital. He has previously worked as the Chief Financial Officer at Neways International and Atrium Corporation: two companies under the Golden Gate Capital portfolio.
Colin was appointed by HGGC as the Principal who will be in charge of capital markets across all the company assortments. Colin is an experienced investment banking expert. He has experience executing various types of market transactions such as acquisitions and mergers as well as leveraging buyouts. Before taking his new position, he worked as a director with a Leveraged Finance Group, a position he held on to for close to 8 years. Before this, he used to work at Wachovia where he held the position of a senior financial analyst for a total of four years.
Apart from recruiting some of the top talents from across the country, the company has also made some notable investments in the past year. One particular investment that really stands out happens to pertain to Denodo.
Denodo is one of the market leaders when it comes to all matters pertaining to data virtualization. Although the two firms did not disclose the terms of the investment agreement, it is expected that Denodo senior management and founders will maintain a noteworthy possession stake in the company.