IN BRIEF: HgCapital announces GBP8 million investment in JTL-Software
HgCapital Trust PLC - London-based investor providing access to the private equity investments of New York-based manager Hg - Says Hg will invest approximately GBP8.1 million in Huckelhoven, Germany-based JTL-Software-GmbH. JTL is an enterprise resource planning software provider specialising in e-commerce solutions for small and medium-sized companies. It currently serves around 50,000 German businesses, achieving "strong customer advocacy and retention rates". Other institutional Hg clients will also invest through the Hg Mercury 4 fund. Read More