HGGC, a middle market private equity firm, is making four promotions and expanding its team with twelve new hires across the operations and investment functions.

These additions – all of whom come to HGGC from blue-chip financial and business brands – will help ensure that HGGC has the talent and bandwidth to execute its successful investment strategy and foster portfolio company value creation as it continues its growth trajectory.

“As we continue to grow our portfolio and build value in our companies, we’re very excited that we have been able to continue to recruit and retain some of the industry’s best talent,” says Rich Lawson, Chairman, CEO and co-founder of HGGC. “These promotions and additions come less than a year after a similar growth announcement, and we see no slowdown in our current trajectory.”

HGGC’s personnel growth follows the busiest period in the firm’s history. Since the start of 2017, HGGC has completed 10 platform investments and over 50 add-on investments, representing an aggregate transaction value of nearly USD8 billion, and has distributed over USD1 billion in proceeds through 10 liquidity events.

“People are the key to our portfolio and partnership success,” adds Steve Young, President and co-founder of HGGC. “This group not only has the experience and intellect to execute great deals, but also has the interpersonal skills to partner with sellers and make it happen in today’s frothy environment.”