Talk:HGGC

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Contested deletion

This page is not unambiguously promotional, because... (your reason here) --Atalib (talk) 01:42, 30 August 2013 (UTC) This is a world famous private equity firm , which has funded several well known starts up in the Bay area.[reply]

Contested deletion

This page is not unambiguously promotional, because... (your reason here) --Atalib (talk) 01:54, 30 August 2013 (UTC) HGGC is private equity firm which has invested in several startups in the bay area, this is not a promotional page, it is informative, one of the founders is former 49rs quarterback Steve Young, another founder is well known philanthropist John Huntsman.[reply]

Edit Request

Part of an edit requested by an editor with a conflict of interest has been implemented.

As a connected editor, I'd like to request that an unconnected editor make the following edit requests. Some of them use the same sources so I'll use reference naming conventions. The ref tags have to be changed when the sources are reused.

Revise infobox - The key people have changed, per this source:^[1] The key people field should be as follows: | key_people = Rich Lawson, [[Steve Young (American football)|Steve Young]], Harv Barenz, Les Brown, David Chung, Bill Conrad, Steve Leistner, Lance Taylor, and Neil White<ref name="Good guy investor"/>
Revise lead - The capital commitment and aggregate transaction value numbers have changed, and the current sourcing is poor (press release). I'm including a better source,^[2] and changing the numbers based on the source. Also, the personnel info should be updated to match the key people info in the infobox. First two sentences: '''HGGC''' is an American middle-market [[private equity firm]] based in Palo Alto, California, with over $7 billion of cumulative capital commitments.<ref name="Steve Young the investor">{{cite web|url=https://www.bloomberg.com/news/articles/2022-07-13/steve-young-the-investor-finally-stops-running-from-nfl-career |last=Kelly |first=Jason |title=Steve Young the Investor Finally Stops Running From NFL Career |date=July 13, 2022 |website=Bloomberg |access-date=November 29, 2022}}</ref> Since its inception in 2007, HGGC has completed platform investments, add-on acquisitions, recapitalizations and liquidity events with aggregate transaction value of $50 billion.<ref name="Steve Young the investor"/> Fourth sentence: HGGC is led by private equity executive Rich Lawson, who serves as CEO, NFL Hall of Fame quarterback Steve Young, Harv Barenz, Les Brown, David Chung, Bill Conrad, Steve Leistner, Lance Taylor and Neil White.^[1]
Add fourth fund. We have a fourth fund to add: ===Fund IV ($2.54 billion)=== HGGC's fourth fund (Fund IV) closed in June 2022 at $2.54 billion, after being targeted at $2.25 billion.<ref name="Good guy investor">{{cite web|url=https://www.buyoutsinsider.com/good-guy-investor-hggc-wraps-up-fourth-flagship-vehicle-at-2-5bn-plus/ |last=Falconer |first=Kirk |title=Good guy investor HGGC wraps up fourth flagship vehicle at $2.5bn-plus |date=June 16, 2022 |website=Buyouts |access-date=November 29, 2022}}</ref>
Update company investment activity since August 2021: In August 2021, it was reported that the company had a significant minority stake in the hair extension product company Beauty Industry Group (BIG).<ref>{{cite web|url= https://www.themiddlemarket.com/latest-news/l-catterton-takes-majority-stake-in-beauty-industry-group |last=Melendez |first=John |title=L Catterton Takes Majority Stake in Beauty Industry Group |date=August 12, 2021 |website=The Middle Market |access-date=December 21, 2022}}</ref> In November 2021, it was reported that HGGC had purchased a majority stake in Grand Fitness Partners, a franchisee with 42 Planet Fitness clubs.<ref name="NFL MVP Steve Young">{{cite web|url=https://www.businessinsider.com/steve-young-deal-planet-fitness-franchise-home-gym-reopening-investing-2021-11 |last=Weinman |first=Aaron |title=NFL MVP Steve Young's private-equity shop is betting big on Planet Fitness. Here's why he thinks gyms will win out over home workouts in the long run. |date=November 18, 2021 |website=Business Insider |access-date=December 21, 2022}}</ref> Also in November 2021, it was reported that HGGC and investment firm Snapdragon Capital Partners invested $240 million in online supplement dispensary firm Fullscript.<ref name="Fullscript raises $250 million">{{cite web|url= https://www.integrativepractitioner.com/practice-management/news/2021-11-30-fullscript-raises-250-million-to-expand-digital-supplement-dispensary |last=St. Onge |first=Avery |title=Fullscript raises $250 million to expand digital supplement dispensary |date=November 30, 2021 |website=Business Insider |access-date=December 21, 2022}}</ref> As of July 2022, the company's portfolio also included automotive industry data-mining company AutoAlert, vitamin and supplement business Better Being, and property-management software firm Entrata.<ref name="Steve Young the investor">{{cite web|url=https://www.bloomberg.com/news/articles/2022-07-13/steve-young-the-investor-finally-stops-running-from-nfl-career |last=Kelly |first=Jason |title=Steve Young the Investor Finally Stops Running From NFL Career |date=July 13, 2022 |website=Bloomberg |access-date=December 21, 2022}}</ref>

Thanks for helping with these edits.AlanaFP (talk) 19:08, 3 January 2023 (UTC)[reply]

References

^ ^a ^b Falconer, Kirk (June 16, 2022). "Good guy investor HGGC wraps up fourth flagship vehicle at $2.5bn-plus". Buyouts. Retrieved December 21, 2022.
^ Kelly, Jason (July 13, 2022). "Steve Young the Investor Finally Stops Running From NFL Career". Bloomberg. Retrieved November 29, 2022.

AlanaFP (talk) 19:08, 3 January 2023 (UTC)[reply]

Partly done: Thanks. Implemented most of it, with some language modifications. PK650 (talk) 02:24, 24 January 2023 (UTC)[reply]

Thanks for your help PK650. You got the gist of it. AlanaFP (talk) 22:50, 25 January 2023 (UTC)[reply]

Thanks for your help PK650. You got the gist of it. AlanaFP (talk) 22:51, 25 January 2023 (UTC)[reply]

[Good_guy_investor-1] Falconer, Kirk (June 16, 2022). "Good guy investor HGGC wraps up fourth flagship vehicle at $2.5bn-plus". Buyouts. Retrieved December 21, 2022.

[Steve_Young_the_investor-2] Kelly, Jason (July 13, 2022). "Steve Young the Investor Finally Stops Running From NFL Career". Bloomberg. Retrieved November 29, 2022.

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