HGGC

HGGC, LLC is an American middle-market private equity firm based in Palo Alto, California, with over $7 billion of cumulative capital commitments.

[7] HGGC is led by private equity executive Rich Lawson, who is CEO, NFL Hall of Fame quarterback Steve Young, Harv Barenz, Les Brown, David Chung, Bill Conrad, Steve Leistner, Lance Taylor and Neil White.

[1] HGGC was originally co-founded as H&G Capital Partners by Messrs. Benson, Lawson and Young alongside Jon M. Huntsman and Robert C. Gay.

A year later, in 2013, Huntsman Gay Global Capital rebranded itself once again to the simpler HGGC, along with making some top management changes.

[6] HGGC makes leveraged buyout, recapitalization and growth equity investments in middle market companies.

[16] Technology, in and of itself, is invading every end market, and it is driving companies to be more competitive than their peers," says Rich Lawson, CEO of HGGC.

"[16]"We're looking for business people using technology to disrupt or drive change in their respective industries," says Les Brown, Managing Director and COO of HGGC.

HGGC's investing focus is typically on middle-market companies that have $100 million to $1 billion in annual revenues.

Notable investors in HGGC Fund II include PKA-AIP of Copenhagen, Denmark, which committed $125 million and OPTrust of Toronto, Canada.

[1] Early Fund II investment transactions include AutoAlert, which provides cloud-based data and analytics services to the automotive market; Pearl Holding Group, an insurance-services company; Serena Software, an information technology business, which sold to Micro Focus International Plc (LSE: MCRO.L) for $540 million;[20] and Survey Sampling International, which provides data and technology services for consumer and business-to-business research.

H&G Capital Partners logo prior to the 2008 rebranding
Huntsman Gay Global Capital logo after the 2008 rebranding