Hg joins EQT and TA Associates as IFS and WorkWave investor

Hg, a software and services investor, has agreed to become a significant minority shareholder in Global cloud software company IFS and WorkWave. 

Hg, a software and services investor, has agreed to become a significant minority shareholder in Global cloud software company IFS and WorkWave. 

Long-term investor EQT remains the majority shareholder, with Hg and TA Associates as significant minority shareholders. 

The transaction values IFS and WorkWave at USD10 billion.