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The Palo Alto-based private equity firm HGGC reports a huge growth in overall volume transaction during the past five years. Since the beginning of 2017 alone, HGGC closed seven platform investments and 23 add-on transactions. The firm also conducted five liquidity events. Company officials say deal volume over the past five years doubled that of the previous five years of operation.

HGGC was founded in 2007. One it’s famous co-founders if the former NFL quarterback Steve Young. He led the San Francisco 49ers to three Super Bowl Championships in the 1980s and 1990s. He was inducted into the NFL Hall of Fame in 2005.

Other co-founders are equally famous on the field of finance. They include legendary names such as John M. Huntsman and Robert C. Gay. Other co-founders were Richard Lawson and Gregory Benson.

From the beginning, this super team was determined to create a different kind of company. It was focused on bringing cutting edge technologies to sectors of the economy that lagged behind in terms of using IT and high tech to bolster business. Examples of where HGGC operates are car dealerships, grocery stores, marketing firms an insurance operators. The company invests in middle-market entities in these categories and others using leveraged buyouts, recapitalization and growth equity investments to reshape their models.

HGGC has completed acquisitions, recapitalizations, platform investment with a total transaction value north of $12 billion. That represents 60-plus investments and 46,000 portfolio employees. Additionally, the company was recently named the M&A Mid-Market Private Equity Firm of the Year by Mergers & Acquisitions Magazine.

HGGC has also been in the news recently for bringing an array of new talent into the firm. They include Colin Phinisey who joins the team as a principal. He will lead capital markets across the firm’s portfolio. Phinisey is the former director of leveraged finance with Deutsche Bank Securities. He also previously served as senior financial analyst for Wachovia.

Another talent add-on is Christopher Guinn. He will be executive director working within the firm’s growing portfolio. He formerly headed acquisition integration Ply Gem Industries, a Golden Gate Capital firm.

https://www.nytimes.com/2015/03/05/business/dealbook/private-equity-firm-hggc-raises-1-3-billion-for-new-fund.html