Hg invests in Geomatikk Group, 18 Dec 2020 01:00

 
Hg, the Manager of HgCapital Trust plc ("HGT"), today announces an investment in Geomatikk Group, a tech-enabled services champion, managing critical 'check-before-you-dig' safety assessments to network owners, contractors and consulting engineers within Norway, Sweden and Finland. 
 
The full terms of the transaction are not disclosed and closing is subject to obtaining relevant regulatory approvals.
 
HgCapital Trust plc will invest approximately £7.4 million in Geomatikk Group, with other institutional clients of Hg investing alongside HGT through the Hg Mercury 2 Fund.
 
HGT, whose shares are listed on the London Stock Exchange, gives private and institutional investors the opportunity to participate in all Hg's investments.

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