HGGC Takes a Controlling Share at IDERA

Private equity company HGGC recently agreed to own significant controlling shares in Idera Inc., a leading provider of management tools for business. The tech-based private equity company joins Idera’s CEO Mr. Randy Jacops and the firm’s TA Associates as investors. As private-public equity markets continue to reward consolidation companies in the software industry, HGGC CEO Richard Lawson states that the business will garner more investments in the future.
Public equity markets have been rewarding consolidated companies in the software sector. Idera Inc. has made over 2- add-on acquisitions in the last decade. Therefore, Richard Lawson of HGGC expects the company to delve into more businesses in the future. Headquartered in Houston and with main offices in Austria and the United Kingdom, Idera Inc. provides database management software for Linux servers. The private equity firm remains disciplined in its acquisitions even as it acquires major controlling stakes in a company. As reiterated by Rich Lawson, the firm never buys one hundred percent of the shares of a company. The addition of Idera Inc. brings HGGC LLC a huge consolidator.
Idera Inc. is known for developing software that makes it possible for database professionals to create, monitor, and evaluate various data systems while building application development tools to assist software engineers test and utilize applications faster. Idera’s customers span multiple sectors such as education, energy, financial, and healthcare. Some of the institutions that employ its products include The University of Notre Dame, Saint Francis Health Services, as well as Microsoft.
TA Associates was established in 1968. The private equity company is situated in Boston and targets technology, healthcare, financial services, and consumer sectors. Recently, it purchased MRI, a real estate tech firm. TA Associates has a business relationship with HGGC LLC.
HGGC boasts of being a leading private equity company based in Palo Alto, California. It has over $4.3 billion in capital commitments. The company was established as Huntsman Gay Global Capital in 2007. Currently, it is led by Greg Benson alongside Steve Young. Young is a skilled investment expert who has been chairing the firm’s decision-making process. He also serves as a managing director at Idera Inc.
https://www.marketwatch.com/press-release/colin-phinisey-joins-hggc-to-lead-capital-markets-efforts-and-christopher-guinn-joins-as-executive-director-2018-10-01

Equities First Holdings in Australia

Equity First Holdings is a finance company that was started in the year 2002 by Christy J. in Indianapolis, Indiana. After working in a finance company for more than four years, Christ notices the need of having a finance company in the area where they will be providing finance to individuals and business investors. The company offers short-term loans which come with low-interest rates compared to other loan providers. The company’s staff members are also qualified in providing advice regarding investment and credits to their customers.The company has grown over the past years to even extend their services to other parts of the world opening offices in; United Kingdom, China, Thailand, Singapore, Australia and more.

In Australia, equities first holding company has their main offices in Sydney where they run most of their main activities in the country. They also operate two other satellite offices in Perth and Melbourne.Equities first holding company announced an agreement to work together with the Environmental Clean Technologies Limited Company where they will be providing funds for the company’s major projects in India. The Environmental Clean Technologies Limited Company is an Australian organization which deals with engineering and commercialization of leading-edge coal beneficiation and iron making Technologies.

Susan McGalla, American Business Woman Extraordinaire

Susan McGalla is an executive consultant serving Pittsburgh, Pennsylvania as CEO of the American Outfitter’s Inc., and Wet Seal Inc. McGalla is a board member of HFF, Inc., a publically traded organization that offers commercial services with real estate. She has a Bachelor’s degree in business and marketing from Mount Union College. She is also a board member at Magee Women’s Hospital Research Institute and Foundation, as well as a former trustee of the University of Pittsburg, including the fact she was a former director of the Allegheny Conference on Community Development. She started her career at Joseph Horne Company where she worked in marketing as a manager as well.

She then became President and Chief Merchandising Officer, for the American Eagle Outfitters in 1994, overseeing the launch of American Eagle’s aerie and 77kids brands. In January 2009, McGalla left American Eagle in order to become a private consultant for the retail and financial investing industries, respectively. She became a board member of HFF, Inc. by October 1999. She started working full time at Wet Seal, besides, in August 2011 but was let go in July 2012 because of declining sales. She grew up in East Liverpool, Ohio, raised alongside her brothers, and her father was a football coach.

When she left Wet Seal, she set up P3 Executive Consultant, of which she is the founder. She provides insightful knowledge on fashion, from her previous experience as a manager in the field. P3 offers advisory service and knowledge to the financial and Wall Street Community, to those such as buy-side and sell-side analysts as well as investment fund managers. Her services include branding, marketing, product merchandise, as well as omni-channel execution for strategy, talent management and more. She knows how to reinvent and grow brands. Susan McGalla is who you want to ask for advice when it comes to marketing for your business.