LONDON, 4 March 2014. 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, Ullink 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.”
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Regina Malzburg-Collins +44 (0)20 7264 2411
Jonathan Boyes +44 (0)20 7089 7888
Peter Ogden +44 (0)20 7379 5151
Ullink is a global provider of multi-asset trading technology and infrastructure for buy-side and sell-side market participants. Trusted by over 150 of the world’s top-tier banks and brokers, it provides consistent, reliable access to the most current and innovative solutions available. Since 2001, Ullink has established itself as one of the fastest growing technology companies in the industry.
Ullink manages over 450 trading platforms daily, is connected to more than 100 of the world’s leading liquidity and exchange venues and offers over 700 different FIX and API adapters. Ullink has offices in New York, London, Paris, Hong Kong, Tokyo, Singapore, São Paulo, Cluj and Sydney. For further information, please go to www.ullink.com.
HgCapital is a sector expert private equity investor, supporting management teams to grow industry champions. Deeply resourced sector teams focus on specific sub-sectors and investment themes to identify companies occupying an established position within a niche, and which have the potential to grow faster than their market, create employment and become the leader in their industry. HgCapital’s dedicated portfolio management team provides practical support to management teams to help them realise their growth ambitions. HgCapital invests in expanding segments of the Healthcare, Industrial, Services, TMT and Renewable Energy sectors across Western Europe.
Based in London and Munich, HgCapital manages over £5.2 billion for some of the world’s leading institutional and private investors. For further details, please see www.hgcapital.com.