Hg, the Manager of HgCapital Trust plc, has announced a substantial investment into Ncontracts, a leading provider of integrated compliance, risk, and vendor management solutions for the financial services sector. HgCapital Trust (HgT) will commit approximately £30.7 million to Ncontracts, with other institutional clients of Hg co-investing through the Hg Genesis 10 Fund.In a parallel development, Ncontracts has revealed its acquisition of Venminder, a comprehensive platform dedicated to managing third-party risk. Hg has effectively bought out previous shareholders of both Ncontracts, which includes Gryphon Investors, and Venminder.The material has been provided by InstaForex Company – www.instaforex.com
Latest posts by Insta Forex (see all)
- U.S. Extend Upward Trend Amid Optimism About Lower Interest Rates - September 13, 2024
- United Airlines Collaborates With Elon Musk’s SpaceX To Offer Complimentary Inflight Wi-Fi - September 13, 2024
- Apple’s IPad Users Can Download Apps From Third-Party App Stores In The EU - September 13, 2024
