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Tag: HGGC

20 Jun 2019

The Current State of HGGC’s Influential Business Model  0

Considering all the different paths a business can take within its lifespan, it is not surprising to see that there are no two corporations that function quite the same, and because of this reality, many people have taken to finding the differences between corporations that seem very similar. One instance of this occurring would be in the middle market private equity industry, wherein companies that genuinely care for the market they are involved in such as HGGC tend to dominate the industry. In the eyes of those who work for HGGC, the best thing to do for your consumers is to simply provide them with the service they are paying for.

 

That is the only deal between the businessperson and the consumer, and this is an ideology that they believe is important to emphasize when teaching young people about business. It is far too often that people believe they have to provide more to their customers than what is asked of them, and this can lead to a lot of issues down the road for your corporation. It is for this reason that HGGC has taken such careful lengths to ensure that their company does not fall to this idea, as they do not want to have any other aspect of their business suffering as a result of over-delivering.

 

Because they believe it to be so important to focus on the people in your personal life over your professional life, they make sure to give their employees frequent breaks in between not only shifts but assignments; having a looming expectation over one’s shoulder can often be quite a burden when they are simply trying to live their best life, and it is for this reason that HGGC tries to make sure they are only giving their employees a quantity of work they are capable of handling. Because of this, their employees tend to be very appreciative of the jobs they have been lucky enough to secure, and they put more effort into the work they do for their company. This is an example of how good deeds always come full-circle, and it is for this reason that HGGC has exercised such excellent moral fiber over their business’s lifespan.

 

https://www.marketwatch.com/press-release/colin-phinisey-joins-hggc-to-lead-capital-markets-efforts-and-christopher-guinn-joins-as-executive-director-2018-10-01

25 Jan 2019

HGGC Partners with General Atlantic, Respida Capital To Increase Client Base On Its Own Company  0

HGGC has announced that it is entering into a partnership with other two companies to form a merger. The new collaboration seeks to help MyWebGrocer, HGGC’s fastest-growing digital media provider increase the number of its clients. Currently, MWG enjoys quite a number of high-end customers. If the new partnership between this company and the other two companies that own Mi9 goes through as planned, MWG will potentially win the ‘hearts’ of Mi9’s high-profile clients. Currently, Mi9 boasts a vast clientele. Majority of the companies that Mi9 serve are top brands from the world that include Nike, Tommy Bahama, Shopko, Cole Haan, BevMo!, ShopRite, Abercrombie & Fitch, and Giant Eagle among other top brands.

During a recent press release, the company said that it will stop at nothing until the merger is sealed. Speaking in behalf of the company, HGGC’s Chief Executive Officer (CEO) and co-founder Richard Lawson expressed optimism that the deal will certainly be sealed. This, in turn, will be a major boost to HGGC, a California-based private equity firm that has maintained a successful record since it was founded in 2007. Current company records indicate that HGGC has over $4.3 billion assets. Although the recent announcement did not disclose all information about the Mi9 Retail deal, there is enough evidence to rule out that negotiations are at an advanced stage. During the announcement, the CEO made it clear that the merger will greatly benefit the company.

“Mi9 has a proven track record of successfully integrating best of breed retail software technology companies. Adding up MWG to it is a natural step to the company. I’m happy to announce that negotiations are at advanced stage and that soon, we’ll be looking forward to reaping the benefits of the merger,” Lawson said. The CEO went ahead to say that as things are, nothing will come in between the deal to disrupt it. He said, “We look forward to partnering with Mi9’s retail management to help execute their vision and their continued effort to revolutionize the software retail industry through the application of the timely innovative technology.”

HGGC, which has its headquarters at Palo Alto, California, has been in the headlines in recent days following its successful track record.

 

https://www.prnewswire.com/news-releases/rpx-corporation-to-be-acquired-by-hggc-for-10-50-per-share-300639821.html