Private equity firm Hg takes control of A-LIGN in strategic cybersecurity bet

Hg, the private equity firm focused on software and tech-enabled services, has acquired a majority stake in cybersecurity compliance specialist A-LIGN.

The investment, made through the Hg Genesis Fund, marks a significant step in A-LIGN’s international growth journey and includes approximately £48m from HgCapital Trust plc (HgT).

Founded in 2009 and headquartered in Tampa, Florida, A-LIGN offers technology-driven cybersecurity audits and assessments, including SOC 2, ISO, HITRUST, FedRAMP, CMMC, and PCI. The firm has served over 5,700 clients globally, achieving over 50% compound annual growth for 15 years.

The transaction sees Hg acquire the stake from Warburg Pincus, which supported A-LIGN alongside FTV Capital through a transformative period of expansion. While terms were not disclosed, the partnership reflects growing demand for trusted cybersecurity providers amid rising AI-powered threats.

Scott Price, CEO of A-LIGN, said the partnership with Hg “comes at the perfect time” and praised the firm’s “deep expertise and track record in scaling tech-enabled services businesses globally.”

Hg Partners Hector Guinness and Joris van Gool highlighted A-LIGN’s “unwavering commitment to quality” and its “sustainable source of competitive differentiation,” while Principal William Holmes described the company as having “all the hallmarks of what Hg looks for in tech-enabled services investments.”

Jefferies and Guggenheim Securities advised A-LIGN and Warburg Pincus, while Harris Williams and Latham & Watkins advised Hg.

The partnership is expected to accelerate A-LIGN’s market expansion, support innovation in data and AI, and position the business as a global leader in cyber compliance.

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