Jonathan brings technology, media, and telecoms investment experience from his time as a partner at Hg. He previously held roles at Mercer Management Consulting and Arthur Andersen.
Nic serves as Senior Partner, Executive Chair, and Co-Head of the Saturn Team at Hg, having previously led the firm's technology team. He brings extensive investment experience focused on European and transatlantic software and services businesses.
The strategic partnership will support CUBE in scaling its global operations and enhancing its artificial intelligence compliance platform.
"The solutions we provide to our customers are missioncritical and demand the highest standards of accuracy and data quality. To deliver this at a global scale requires significant resources and infrastructure to ensure customers are always one step ahead of their evolving regulatory obligations. With Hg’s vast experience and expertise in scaling software businesses, we look forward to accelerating our growth and continuing to deliver innovative regulatory intelligence and change management solutions that customers can depend upon in the long term."
Leonard Green & Partners joins Hg and ICG to back the accounting and payroll software provider.
"To secure backing from a leading US investor in LGP, alongside the continued support of Hg and ICG, underscores IRIS’s enduring success over many decades. Our unparalleled product portfolios combined with excellent customer service have resulted in IRIS being a leader in our sectors. We have also expanded our country presence with a notable focus on the US, so LGP’s local expertise will be instrumental in our acceleration to a world-class transatlantic business."
Hg and TA Associates provided fresh funding to support organic expansion, acquisitions and international growth.
"I’m extremely proud of this year’s outstanding financial results and pleased that our leading investors continue to support us as the company continues to grow and evolve."
