10th May 2016 07:28
LONDON (Alliance News) - HgCapital Trust PLC on Tuesday said its fund manager has invested in German insolvency and law practice software provider STP Group.
HgCapital, the manager of HgCapital Trust, made the investment through its Mercury Fund, which focuses on growth buyouts in the software and technology sector in Europe.
HgCapital Trust, the London-listed vehicle managed by HgCapital, a private equity investor, will contribute GBP6.6 million to the STP investment.
HgCapital Trust shares were up 0.2% to 1,173.75 pence Tuesday.
By Sam Unsted; [email protected]; @SamUAtAlliance
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