HgCapital Trust Plc makes further investment in Visma

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HgCapital Trust Plc makes further investment in Visma

HgCapital Trust Plc (LON: HGT) has informed that hat the Hg Saturn team and its investors have agreed to further investment in Visma.

  • The company will invest around £17.1 million in Visma, with other institutional clients of Hg investing alongside it through the Hg Saturn 2 Fund.
  • HgCapital Trust Plc will put forward the majority of the new invested capital in a transaction valuing the business at an Enterprise Value of NOK 110 billion (US$12.2 billion), making this the largest ever software buyout globally.
  • On 21 August 2020, at the time of writing, GMT 09:35 AM, HGT shares were trading at GBX 260.00, up by 9.50 points or 3.79% against the previous day closing price.

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