REG - HgCapital Trust PLC - Hg announces an investment in Scopevisio

HgCapital TrustAnnouncement

14/03/2025 07:00

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RNS Number : 6424A  HgCapital Trust PLC  14 March 2025

Hg, the Manager of HgCapital Trust plc ("HgT"), today announces an investment
in Scopevisio AG, a leading innovator in cloud-based business automation.

 

The terms of the transaction are not disclosed.

 

HgT will invest approximately £4.8 million in Scopevisio, with other
institutional clients of Hg investing alongside HgT through the Hg Mercury 4
Fund.

 

HgT, whose shares are listed on the London Stock Exchange, gives private and
institutional investors the opportunity to participate in all Hg's
investments.

Note that these figures only relate to HgT's share of Hg's overall investment
in Scopevisio.

HgT's liquid resources available for future deployment (including all
announced transactions, the undrawn bank facility and the proposed full year
dividend payable in May 2025) are estimated to be £372 million (15% of the
pro-forma 28 February 2025 NAV of £2.5 billion).

The investment will reduce HgT's outstanding commitments to invest in Hg
transactions to approximately £1.4 billion (57% of the pro-forma 28 February
2025 NAV).

 

Scopevisio partners with Hg

to accelerate growth in DACH region

 

Bonn, Germany. 14 March 2025: Scopevisio AG, a leading innovator in
cloud-based business automation, today welcomes Hg as a new partner. Hg is a
leading investor in European and transatlantic software and services
businesses.

 

Founded in 2007 in Bonn, Germany, Scopevisio serves mid-sized companies and
business groups, offering a highly integrated Holistic Business Automation
Platform for Commercial Solutions, with a particular strength in finance and
accounting. This platform is designed to automate and optimise key commercial
functions including finance, sales, procurement, organisation, document
management and human resources. The fully unified system automates business
processes and enhances efficiency through artificial intelligence.

 

The transaction will see Hg partner with Dr. Jörg Haas, Scopevisio's CEO and
founder as joint shareholders in the business going forward. Hg brings a
strong track record of backing software businesses in the ERP and accountancy
space, having invested $28 billion over the past 20 years.

 

Dr. Jörg Haas, CEO and founder of Scopevisio, said: "We're thrilled to
welcome Hg as our partner for Scopevisio's next growth chapter. Their deep
expertise in ERP and accounting software, and experience in scaling cloud
businesses, makes them the ideal partner as we look to expand our presence
across the DACH region. Together, we'll accelerate product innovation and
drive continued growth, while delivering exceptional value to our loyal
customer base."

 

With more than 7,500 customers, primarily in the service sector, and over 300
employees across its group of companies, Scopevisio has established itself as
an award-winning provider with a best-in-class product and high customer
loyalty.

 

Benedikt Joeris, Partner at Hg, said: "Scopevisio sits right in our sweet
spot, as a business with a compelling cloud-based product offering, high
customer advocacy scores and strong recurring revenue.  The DACH mid-market
is picking up speed and embracing modern cloud solutions, creating an
opportunity for significant growth potential. We're excited to partner with
the Scopevisio team, to help build on their impressive foundation and continue
scaling the business."

 

The transaction is subject to customary closing conditions. Terms of the
transaction are not disclosed.

 

-Ends-

 

For further information, please contact:

HgCapital Trust
Laura Dixon and George Crowe

+44 (0)20 8396 0930

 

Cadarn
Lucy Clark
lucy@cadarncapital.com (mailto:lucy@cadarncapital.com)

+44 (0)7984 184 461

 

David Harris
david@cadarncapital.com (mailto:david@cadarncapital.com)

+44 (0)7368 883 211

 

Hg
Tom Eckersley

tom.eckersley@hgcapital.com (mailto:tom.eckersley@hgcapital.com)

 

Sam Ferris

sam.ferris@hgcapital.com (mailto:sam.ferris@hgcapital.com)

 

About HgCapital Trust plc

HgCapital Trust plc is an investment company whose shares are listed on the
London Stock Exchange (HGT.L). HGT gives investors exposure, through a liquid
vehicle, to a portfolio of high-growth unquoted companies, managed by Hg, an
experienced and well-resourced private equity firm with a long-term track
record of delivering superior risk-adjusted returns for its investors.

 

For further details, see www.hgcapitaltrust.com
(http://www.hgcapitaltrust.com) and www.hgcapital.com
(http://www.hgcapital.com)

 

About Scopevisio

Scopevisio AG develops and operates a cloud-based business automation platform
covering Finance, ERP, CRM, HCM, Payroll, POS, BI, and Organization. Designed
for mid-sized companies across various industries, it simplifies and automates
business processes while enabling seamless cross-location and
cross-departmental collaboration.

 

Headquartered in Bonn, Germany, Scopevisio employs over 300 people in Germany
and Austria and serves more than 7,500 customers with its innovative
solutions.

 

About Hg

Hg supports the building of sector-leading enterprises that supply businesses
with critical software applications or workflow services, delivering a more
automated workplace for their customers. This industry is characterised by
digitization trends that are in early stages of adoption and are set to
transform the workplace for professionals over decades to come.

 

Hg's support combines deep end-market knowledge with world class operational
resources, together providing compelling support to entrepreneurial leaders
looking to scale their business - businesses that are well invested, enduring
and serve their customers well.

 

With a vast European network and strong presence across North America, Hg's
400 employees and around $75 billion in funds under management support a
portfolio of around 50 businesses, worth over $160 billion aggregate
enterprise value, with around 120,000 employees, consistently growing revenues
at more than 20% annually.

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