An Overview of Huntsman Gay Global Capital Company (HGGC)
Huntsman Gay Global Capital Company, (HGGC) was founded in 2007 and has its headquarters located at Palo Alto in California. The company is a private equity firm that is middle market focused. The company also specializes in recapitalization, leveraged buyouts, and growth equity in mid-cap private and public companies as well as the central markets. The company offers a wide range of services in the industrial sector ranging from business services to technology services as well as financial industry and consumer services.
The company tries the best it can to borrow among the best practices from global corporations as well as private equity corporations to build the businesses in the middle market. HGGC is well equipped with a very talented and hardworking team of professionals that occasionally showcase their operational experience in the industrial sector. The company seeks to align its interests with those of its partners so that both the company and its partners succeed.
The company has over ten thousand employees, where the associate salary in the company ranges from about $120000 to $121,437. The salary estimate is based on salary reports of the past three years according to both employees and the company’s statistical methods. When bonuses are included, the associate salary increases to $240000.
In 2017, the company announced that it had invested in a company named as Denodo. Denodo Company has been the leader in the fast-growing data virtualization market. Despite the non-disclosure of the terms of the transaction, the founder and senior management team of Denodo Company retained their ownership stake in the company.
Early this year, HGGC announced that it had a successful execution plan in the growth strategy for Integrity Marketing Group. Integrity Group had made a significant increase in sales and revenues since HGGC made its initial investment in 2016. The collaboration between HGGC and Integrity Marketing Group has caused the company to become among the most preferred partners in the senior market for insurance carriers.
In October this year, Huntsman Gay Global Capital Company announced its definitive agreement to a merger with a prominent Omnichannel retail solutions provider named Mi9 Retail. The other investors in the merger were General Atlantic as well as Respite Capital. Terms of the merger transaction have however not yet been disclosed.