Fundraising Fox

HGGC

Private equity

Palo Alto · 43 people tracked

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Investment thesis

HGGC is a middle-market private equity firm founded in 2007 that pursues partnership-oriented investing in technology, business services, financial services, and consumer businesses. The firm has completed more than 730 platform investments, add-ons, and exits representing over $79 billion in enterprise value.

Source: firm website, verified Aug 25, 2026.

HQ
Palo Alto, CA, US
Instruments
Equity
Founded
2007
AUM
$10.8B
Tracked investments
50

Team · 43 people

from the firm's website
Bill Conrad· Managing Partner
David Chung· Co-CIO & Managing Partner
Neil White· President & Managing Partner
Rich Lawson· Chief Executive Officer & Co-Founder
Steve Young· Chairman & Co-Founder
Steven Leistner· Co-CIO & Managing Partner
Colin Phinisey· Head of DCM & Partner
Harv Barenz· Head of BD & Partner
Matt Roesch· Partner
Phil Sampognaro· Partner
Anna Ike Pope· Principal
Chris Schulze· Principal
Eric Xu· Vice President
Holland Reynolds· Vice President
Luka Martinovic· Vice President
Mason Mohring· Vice President
Pat Dugoni· Principal
Sonia Li· Vice President
Will Breashears· Vice President
William Dean· Principal
Atticus Lynch· Analyst
Brandon Marquez· Associate
Cecilia Kwan· Chief Financial Officer
Chris Gould· Associate
Dan Pusack· Associate
Drew Lezon· Senior Associate
Evan Kula· Associate
Gokula Gundamaraj· Senior Valuation Associate
Henry Welsh· Senior Associate
Julie Yu· Associate
Keaton Shiveley· Senior Associate
Lindsey Press· Global Head of IR
Louise Husin· Chief Talent Officer
Matt Huntington· Associate
Monica Shen· Associate
Nicholas Baughan· Associate
Pallav Chaturvedi· Associate
Rachel Stock· General Counsel & CCO
Ram Palanati· Associate
Ryan Ohanesian· Associate
Sam Siegel· Senior Associate
Sean Liu· Associate
Siv Hok· Vice President of Finance

What they invest in

from 18 of 50 portfolio companies

Enterprise Software ×9AI & Machine Learning ×5SaaS ×5Marketing Tech ×4Data & Infrastructure ×3Fintech ×3InsurTech ×3Construction Tech ×2

HQs:United States×7United Kingdom×2

Investments · 50 tracked

founders shown can be your intro path
Upland SoftwareNASDAQ: UPLDDec 2013

Austin, US

S. Christopher Ney(Executive Officer, Promoter)John T. McDonald(Executive Officer, Director, Promoter)John Thornton(Director)Michael Hill(Executive Officer)Steve Sarracino(Director)

4over4over.com

4over is a trade-only wholesale printing company offering print products including marketing materials, large format, direct mail (EDDM), packaging, promotional products, and custom commercial printing.

Advanced ManufacturingB2B MarketplacesE-commerce

Aceableaceable.comin𝕏

Aceable provides mobile-first, accredited licensing education courses in driver's education, real estate, insurance, and mortgage sectors.

EdTechSaaSAustin, US

Blake Garrett(Founder & CEO)in

BoardMorgan Flager(Director)inCharles Thornburgh(Director)

Co-investorsFloodgateNext Coast VenturesNextGen Venture PartnersSageview CapitalSilverton Partners

AMI
Aspire Holdings
AutoAlertautoalert.comin𝕏

AutoAlert provides an AI-enabled data and marketing platform for car dealerships, including a CRM that identifies in-market and upgrade-ready customers, prioritizes high-intent buyers, and turns service traffic into sales opportunities.

AI & Machine LearningMarketing TechSaaS

Co-investorsDiversis

Beauty Industry Group
Better Beingbetterbeing.com

Better Being is a wellness company that develops and markets a portfolio of vitamin, supplement, immunity, and natural beauty brands aimed at consumers seeking health and wellness products.

ConsumerDirect to ConsumerWellness & Fitness

Buildertrend

Co-investorsBain Capital Tech Opportunities

Centralis
Citadel
Daviesdavies-group.com

Davies is a professional services and technology firm serving the insurance, financial services, and other highly regulated markets.

AI & Machine LearningFintechInsurTechLondon, GB

Co-investorsBC PartnersEpiris

Dealer-FXdealer-fx.com

Dealer-FX builds service lane software for automotive dealerships, covering the customer service journey from scheduling and repair workflows to checkout and CRM.

Enterprise SoftwareMobility & TransportationSaaS

Denododenodo.com

Denodo provides a data management platform based on data virtualization, offering a universal semantic layer, data marketplace, query optimization, and governed real-time access across multiple sources for enterprises.

AI & Machine LearningData & InfrastructureEnterprise Software

Angel Viña(Founder)in

Co-investorsSilver Lake PartnersTPG

Dentive
Dynatadynata.com

Dynata provides market research and survey data collection services, offering access to respondent panels and tools for measuring advertising and brand impact.

AI & Machine LearningData & InfrastructureMarketing Tech

Entrata
Equity Methods
Fortra
FPX
Fullscriptfullscript.comin

Fullscript is a clinical platform for healthcare providers to manage supplements, lab ordering, personalized care plans, and patient adherence within their existing EHR workflows.

Digital HealthHealthtechWellness & Fitness

Kyle Braatz(Founder)in

Co-investorsAscension VenturesDefy PartnersLeonard GreenTwine Ventures

Grand Fitness Partners
Hollander
Hollander Home Fashions
hybrishybris.com

Co-investors83NorthTola Capital

Ideraidera.comin𝕏

IDERA provides data management and productivity tools for technical teams managing complex data environments across on-premises, cloud, and hybrid platforms.

Data & InfrastructureDeveloper ToolsEnterprise SoftwareHouston, US

Co-investors83NorthElsewhere Partners

Innovative
Inspired
Integrity
iQoriqor.com

iQor provides AI-assisted customer experience (CX) and business process outsourcing services, covering sales, onboarding, support, retention, and collections across the customer lifecycle.

AI & Machine LearningEnterprise SoftwareFuture of WorkNew York, US

Chris Crowley(President & CEO)Eric Edell(Director)Neil Goldfarb(Director)Jim Learner(Director)David J. Pester(Secretary, General Counsel and Executive VP)Gary L. Crittenden(Director)

Co-investorsHamilton LaneMill Point Capital

MaMa Rosa's
Marmicmarmicfire.com

Marmic is an employee-owned provider of fire and life safety services, offering inspection, suppression, and related solutions for businesses across multiple locations.

Construction TechEnterprise Software

Co-investorsThompson Street Capital Partners

Mi9
Monotypemonotype.comin𝕏

Monotype provides fonts and font management tools to help organizations manage typography across creative workflows and multiple markets.

Enterprise SoftwareMarketing TechSaaS

Co-investorsEmerging Ventures

MyWebGrocermi9retail.comin

Mi9 Retail provides enterprise software for retailers, wholesalers, and brands that combines product planning, inventory management, customer engagement, and point-of-purchase capabilities.

Cloud ComputingEnterprise SoftwareRetail Tech

Co-investorsGolub GrowthStripes

Pearl
Pearl Holding Group
Power Holdings
Rimkusrimkus.com

Rimkus is a worldwide engineering and technical consulting provider serving corporations, insurance companies, law firms, and government agencies.

Construction TechDeep TechEnterprise SoftwareHouston, US

Curtis Brown(Executive Chairman)Akif Ahmad(Chief Financial Officer)Jonathan Higgins(Chief Executive Officer and President)Peter Poland(General Counsel)

RPX
Selligent
Serena
Serena Software

Co-investorsSilver Lake Partners

Specialist Risk Groupspecialistrisk.comin

Specialist Risk Group (SRG) is an insurance group offering broking and underwriting services for complex, unusual or high-stakes risks across retail, wholesale and underwriting businesses, serving clients, brokers and insurer partners.

FintechInsurTech

Co-investorsWarburg PincusTemasek

Sterling
Stovaaventri.comin𝕏

Stova (formerly Aventri) provides an end-to-end event management platform covering planning, registration, attendee engagement, onsite services like badge printing and check-in, and event analytics.

Enterprise SoftwareMarketing TechSaaS

Co-investorsCamden PartnersConnecticut InnovationsLevel EquityThe Argentum Group

Sunquest
Trucordiatrucordia.com

Trucordia is a national insurance brokerage offering risk management and insurance solutions across personal, business, and benefits lines for individuals, families, and businesses in the U.S.

FintechInsurTech

Turner
Turner Brothers

Exits · 1

IPOs and acquisitions across the tracked portfolio

Upland SoftwareNASDAQ: UPLD

Fund performance · per public LP disclosures · 5

as of Sep 2025
FundVintageCommittedNet IRRTVPIDPI
HGGC Hawk Fund II COV, L.P.LPs: Pennsylvania Public School Employees' Retirement System20250.98x0.98x
HGGC Hawk Fund III COV, L.P.LPs: Pennsylvania Public School Employees' Retirement System20250.98x0.98x
HGGC Fund IV, L.P.LPs: Northern LGPS, Fresno County Employees' Retirement Association20191.68x0.54x
HGGC Fund III, L.P.LPs: Pennsylvania Public School Employees' Retirement System, California State Teachers' Retirement System, West Yorkshire Pension Fund201725.5%2.32x1.80x
HGGC Fund II, L.P.LPs: Pennsylvania Public School Employees' Retirement System, San Diego City Employees' Retirement System, West Yorkshire Pension Fund201413.1%1.83x1.20x

Source: public limited-partner disclosures (CalPERS, CalSTRS). Net IRR / TVPI / DPI as reported by the limited partner; a fund's early-year IRR is an interim estimate (J-curve).

Frequently asked questions

How many investments has HGGC made?
HGGC has 50 tracked investments.
What sectors does HGGC focus on?
HGGC focuses on Consumer, Enterprise Software, Fintech.
Where is HGGC located?
HGGC is headquartered in Palo Alto, US.
Who does HGGC co-invest with?
HGGC most often shares deals with 83North, Silver Lake Partners, Ascension Ventures, among 28 tracked co-investors.

Media · Podcasts & interviews

featuring the team

PE San Francisco 2025: Rich Lawson of HGGC Spoke to Courtney McQuade

Markets Group · Rich Lawson

HGGC Partner, Chairman, Co-Founder Steve Young & True North Advisors CEO & Co-Founder Scott Wood

Alt Goes Mainstream (AGM) · Steve Young

PE New York 2024: Rich Lawson of HGGC spoke to Courtney McQuade

Markets Group · Rich Lawson

2021 HGGC Steve Young Ski Classic Promo

Wasatch Adaptive Sports · Steve Young

Steve Young Welcomes You to the 2020 HGGC Steve Young Ski Classic

Wasatch Adaptive Sports · Steve Young

PartnerConnect West 2015: Interview with Rich Lawson, CEO, HGGC

PartnerConnectEvents · Rich Lawson

Images

HGGC photo

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