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The Foundry Secures New Majority Ownership

May 22, 2015, 02:50 PM

http://www.awn.com/news/foundry-secures-new-majori...

LONDON -- Creative software developer The Foundry has announced a majority investment from HgCapital, one of the U.K.’s most prestigious private equity firms. Comprising experts from technology and business sectors, HgCapital are perceived as one of the top investors in European software. The Foundry will sit within the Technology, Media & Telecommunications (‘TMT’) sector of HgCapital. Under the terms of the deal, HgCapital will assume majority ownership from The Carlyle Group in a new en...

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