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HgCapital Trust PLC on Tuesday said it will invest around £48 million in A-LIGN, a Tampa, Florida-based cybersecurity compliance firm, as part of a wider investment by its manager Hg. The investment is part of Hg’s acquisition of a majority stake in A-LIGN from Warburg Pincus, though financial terms were not disclosed. The transaction will be funded through Hg’s Genesis Fund, alongside HgCapital Trust’s share. HgCapital Trust, a London-listed private equity investment trust with a market capitalisation of £2.30 billion, said the investment marks another step in supporting high-growth software and tech-enabled service companies. The trust said it retains liquid resources of approximately £412 million after the investment and recent dividend payments, representing 17% of its pro-forma net asset value as of March 31. Outstanding commitments to Hg transactions stand at £1.4 billion, or 57% of NAV. Hg said the deal will support A-LIGN’s global expansion, building on its 15-year track record of more than 50% annual growth. A-LIGN provides technology-enabled audits and assessments to over 5,700 clients and has seen rising demand amid growing cybersecurity threats. Hg partners Hector Guinness and Joris van Gool said A-LIGN’s customer-first approach and proprietary tech platform create ‘a sustainable source of competitive differentiation’ in a fast-growing industry. A-LIGN Chief Executive Officer Scott Price said Hg’s operational resources and experience scaling global tech firms make it the ‘ideal partner’ for the company’s next growth phase. Shares in HgCapital Trust were up 0.5% at 500.54 pence in London on Tuesday afternoon. Copyright 2025 Alliance News Ltd. All Rights Reserved.
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