Ullink, a global provider of market leading connectivity and trading solutions to the financial community, today announced that HgCapital, the European sector-focused private equity investor, has made a significant investment in Ullink.
The partnership with HgCapital will see Ullink further growing its business and pursuing extensive expansion plans.
Founded in 2001 by the current CEO, Laurent Useldinger, Ullink has grown quickly to become one of the fastest growing companies in its sector. HgCapital's investment will help Ullink to accelerate its high organic growth across the business, ensuring that Ullink will remain at the forefront of the industry with highly innovative solutions and the best possible products for its clients. HgCapital is investing alongside Laurent Useldinger and the current management team who will continue to lead the business on to its next phase of development.
HgCapital has the leading franchise for software investment in Europe over the last 15 years and will be a highly skilled and experienced partner for Ullink. With a strong track record of supporting and growing businesses like Ullink, HgCapital aims to support Ullink's plans to grow from 100s to 1000s of employees by injecting capital and ideas.
Laurent Useldinger, CEO and Founder of Ullink commented: "This is an exciting time for Ullink and our clients. In HgCapital we have found a partner who is thoroughly aligned with our goals and has the capital resources, knowledge and experience to help us to build our business even further. I believe our partnership will be of great benefit to our clients around the world as we continue to enhance the user experience and expand our offering."
Jonathan Boyes, Director of HgCapital's TMT Team commented: "We are delighted to be working with Laurent and his talented team. We have been researching front office trading systems for several years and have tracked the excellent progress that Ullink has made in establishing themselves as a genuine global player. We see real potential to grow Ullink's business internationally and further enhance its product offering."
Nic Humphries, CEO of HgCapital commented: "Since its founding in 2001, Ulllink has consistently achieved strong organic growth rates with a subscription revenue model. The company has a deserved reputation as a highly innovative business, with very strong technology and client service. We look forward to working with Ullink's exceptional management team to continue to capitalise on the firm's position and grow it into an industry champion."