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The Access Group announces strategic investment from Hg alongside existing investor TA Associates at an enterprise value of £1 billion

Hg, the Manager of HgCapital Trust plc (the “Company”), has announced today an investment in The Access Group (“Access”), one of the UK’s leading providers of business management software to mid-market companies. The terms of the transaction were not disclosed. HgCapital Trust plc will invest approximately £30.9 million in Access, with other institutional clients of Hg investing alongside the Company through the Hg 8 Fund. The Company, whose shares are listed on the London Stock Exchange, gives private and institutional investors the opportunity to participate in all Hg's investments.