Hg announces the full exit of Quantios
Hg, the Manager of HgCapital Trust plc ("HgT"), today announces a full exit of Quantios, a leading provider of SaaS solutions to the global trust and corporate services industry.
The terms of the transaction have not been disclosed.
HgT, whose shares are listed on the London Stock Exchange, gives private and institutional investors the opportunity to participate in all Hg's investments.
This transaction values HgT's investment in Quantios at approximately £13 million. This would represent an uplift of £3 million (31% or 0.7pence per share) over the carrying value of £10 million in the Net Asset Value ("NAV") of HgT at 31 March 2026.
Note that these figures only relate to HgT's share of Hg's overall investment in Quantios.
Based on the 31 March 2026 NAV, the pro-forma NAV of HgT is expected to be £2.4 billion (or 529.7 pence per share).
HgT's liquid resources available for future deployment (including all announced transactions, the full year dividend paid on 12 May 2026, and the available balance on the bank facility) are estimated to be £292 million (12% of the pro-forma 31 March 2026 NAV of £2.4 billion).
HgT's outstanding commitments to invest in Hg transactions are approximately £2.1 billion (87% of the pro-forma 31 March 2026 NAV).
Hg agrees sale of Quantios
to Vista Equity Partners
- Quantios is a leading provider of SaaS solutions to the global trust and corporate services industry, partnering with close to 700 organisations worldwide.
- Hg created the business in 2023 through the merger of TrustQuay and ViewPoint, building a global champion for the sector.
- Central to the value created has been Quantios's product-led AI strategy, with a growing suite of specialised agents automating complex regulated workflows, developed with support from Hg Catalyst, a dedicated AI incubator and engineering team.
London, UK - 29 July 2026 - Hg, the leading investor in European and transatlantic software and services businesses, today announced that it has agreed the sale of its majority shareholding in Quantios, a leading provider of SaaS solutions to the global trust and corporate services industry, to Vista Equity Partners.
Hg first invested in the business in 2022, then TrustQuay, and in 2023 merged it with ViewPoint (owned by funds managed by EQT, a global private markets firm) to create Quantios - a global champion for the trust and corporate services industry. Over the period of Hg's ownership, the business has grown into a global platform partnering with close to 700 organisations worldwide, underpinned by its flagship Quantios Core and Klea solutions.
Central to the value created under Hg's ownership has been Quantios's product-led AI strategy. Generative AI is now embedded natively within Quantios Core and delivered to customers as standard, while a separately priced agentic AI layer automates higher-complexity regulated workflows for clients, with a suite of specialised agents available today and a larger identified pipeline in development.
This roadmap was developed with support from Hg Catalyst, a dedicated AI incubator and engineering team, which launched the business's first agentic solution in March 2026. The roadmap has since become central to the company's value proposition and was a key driver for technology-focused buyer interest and for future growth of the business.
Chris Fielding, Partner, and Conor Stewart, Principal at Hg, said: "Quantios is a high-quality business serving a mission-critical sector, deeply embedded in its customers' workflows and with a genuine technical edge in AI. We're proud of what's been built over the last few years: having strengthened the management team alongside Guy Harrison, supported the merger of two strong businesses into a single global champion and moved the company decisively into agentic AI, well ahead of much of the sector. We believe Vista is an outstanding partner, with their own sophisticated AI capabilities to take Quantios into its next phase of product innovation and growth."
Guy Harrison, CEO of Quantios, said: "Since partnering with Hg and EQT, we've transformed two specialist software businesses into a scaled, integrated platform serving hundreds of customers across the trust and corporate services sector. We've expanded internationally, accelerated product development and helped our customers navigate two of the biggest technology shifts our industry has seen: first the move to cloud, and now agentic. I'm incredibly proud of what the team has achieved and grateful to Hg and EQT for their support and partnership. We've built a fantastic business and I'm excited about the next phase of growth alongside Vista."
The sale of Quantios will see a c.30% uplift to Hg's latest book value and is the latest in a series of cash-back events generated by Hg, with three full or partial exits completed since early 2026, reflecting continued investor appetite for high-quality, mission-critical technology businesses that generate resilient, growing cash flows. Alongside GTreasury (acquired by Ripple) and Intelerad (acquired by GE HealthCare), Quantios also demonstrates how significant upfront investment in a company's AI product suite can drive strong buyer interest. This reflects the value of Hg's long-standing approach to AI transformation and product-led innovation across its portfolio.
The transaction is subject to customary conditions and approvals and is expected to be completed in Q3 2026. Baird and Deutsche Bank acted as sellside advisors to Hg.
For further information, please contact:
HgCapital Trust
Laura Dixon
laura.dixon@hgcapital.com
+44 78 2459 2894
George Crowe
george.crowe@hgcapital.com
+44 7774 617 150
Cadarn
Lucy Clark
lucy@cadarncapital.com
+44 (0)7984 184 461
David Harris
david@cadarncapital.com
+44 (0)7368 883 211
Hg
Tom Eckersley
Sam Ferris
About HgCapital Trust plc
HgCapital Trust plc is an investment company whose shares are listed on the London Stock Exchange (HGT.L). HGT gives investors exposure, through a liquid vehicle, to a portfolio of high-growth unquoted companies, managed by Hg, an experienced and well-resourced private equity firm with a long-term track record of delivering superior risk-adjusted returns for its investors.
For further details, see hgcapitaltrust.com and hgcapital.com
RNS may use your IP address to confirm compliance with the terms and conditions, to analyse how you engage with the information contained in this communication, and to share such analysis on an anonymised basis with others as part of our commercial services. For further information about how RNS and the London Stock Exchange use the personal data you provide us, please see our Privacy Policy.
Latest directors dealings
- 21 hours ago Savannah Energy
- 22 hours ago Buccaneer Energy PLC
- 22 hours ago Savannah Energy
- 22 hours ago Carclo
- 23 hours ago Schroder Japan Growth Fund