European sector-focused private equity investor HgCapital has made a significant investment in Ullink, a provider of connectivity and trading solutions to the financial community.
The partnership with HgCapital will see Ullink further growing its business and pursuing extensive expansion plans.
Founded in 2001 by the current CEO Laurent Useldinger, Ullink has grown quickly to become one of the fastest growing companies in its sector. HgCapital’s investment will help Ullink to accelerate its organic growth across the business.
HgCapital is investing alongside Useldinger and the current management team who will continue to lead the business on to its next phase of development.
HgCapital aims to support Ullink’s plans to grow from 100s to 1000s of employees by injecting capital and ideas.
Useldinger says: “This is an exciting time for Ullink and our clients. In HgCapital we have found a partner who is thoroughly aligned with our goals and has the capital resources, knowledge and experience to help us to build our business even further. I believe our partnership will be of great benefit to our clients around the world as we continue to enhance the user experience and expand our offering.”
Jonathan Boyes, director of HgCapital’s TMT team says: “We are delighted to be working with Laurent and his talented team. We have been researching front office trading systems for several years and have tracked the excellent progress that Ullink has made in establishing themselves as a genuine global player. We see real potential to grow Ullink’s business internationally and further enhance its product offering.”
