HGGC is one of the most successful private equity firms in the country. They capitalize on profitable buyouts, platform investments, growth equities, corporate carve-outs and restructuring in the middle market among other activities. The company invests in a variety of fields ranging from manufacturing, financial services, industrial services, healthcare, and many other industries. The bulk of the company’s investments are in Northern America, but they are looking to expand into other regions.
The company looks for businesses and companies where they can invest amounts ranging between $25 million and $125 million. They also look for revenue investments exceeding $100 million. The company gets into business partnerships where they can take either the majority position or the minority position, as long as they have the control rights. The company has been in business for the past 12 years. They were formerly known by the name Huntsman Global Gay Capital but changed it to HGGC. The company has its headquarters in Palo Alto, California. However, they have created additional offices in West Palm Beach in Florida and Salt Lake City in Utah.
Last year, the company’s management decided to overhaul the top leadership. They announced the new leadership positions in October 2018. The additional staff members were sourced from blue-chip companies both in the financial and business brands. The variety in the additions aims to ensure that HGGC has a comprehensive skill set needed to handle business from all business sectors.
Among the appointments is Christopher Quinn. He joins the company as an executive director. He will focus on raising the company’s portfolio. The other notable appointment is Zachary Adams, who was previously an associate at the Boston Consulting Group. He takes up the role of an executive director as well. Other appointments include Patrick Malanga, William Spector, and Merrill Lynch.
These appointments are all part of the efforts that the business is making to create a seasoned team which will push their agenda to the next level. HGGC has been known for bringing the best practices from fields such as private equities to middle-markets. They have managed to outperform the current markets at every step of the way.