Boasting a high degree of proficiency and acumen, HGGC, a private equity firm, is an organization of notable prestige and honorable repute. This PE company graced the industry in 2007, at which point Steve Young, Rich Lawson, and Steve Taylor combined entrepreneurial forces in hopes of propelling HGGC to new heights. Given the company’s status as a leading middle-market equity firm, Young, Taylor, and Lawson materialized their goal. Since its inception, HGGC’s helped various portfolio companies find their niche in the market. What’s more, they’ve executed countless transactions totaling $19 billion.
As strong proponents of modern methods, HGGC seeks to inject newfangled ideas into their operations. Advantaged investing is a promising trend that’s slowly making its mark on the present-day corporate world. With that said, Young, Lawson, and Taylor made the savvy decision to incorporate this practice into procedures. As a result, the company’s acquired keen insight into investor-operator relations. No doubt a prudent business move, HGGC is continually rewarded for their willingness to embrace ultramodern strategies. What’s more, this private equity firm puts a premium on diversity. It’s for this reason why they’ve honed their skills in various domains including acquisitions, platform investing, recapitalizations, and industrial services.
While the company is most prominently known for its vast portfolio of successes, HGGC is no stranger to controversy. Just three short years ago, Young was met with a fiasco of grand proportions. Following accusations from A. Schulman, a global plastic supplier, Young was tasked with cleaning up the mess. According to A. Schulman, Young and his partners were falsifying test results in the name of saving face. When Young denied these claims, A. Schulman filed a lawsuit for $275 million. Though the civil trial is still in the works, Young, Lawson, and Taylor are desperately trying to get through this scandal unscathed.