Hg has agreed to sell GTreasury, a leading treasury solutions provider, to Ripple for over $1 billion, marking a successful exit for Hg.

Target Information

GTreasury is a global leader in adaptable treasury solutions, designed specifically for the Office of the CFO. The company provides financial leaders with a comprehensive platform that manages all aspects of treasury complexity, including liquidity management, cash forecasting, payments, netting, and risk management. With an impressive clientele of over 1,000 customers across 160 countries, GTreasury processes trillions of dollars in annual payment volumes.

In 2023, Hg made a strategic investment in GTreasury, recognizing the increasing significance of innovative treasury products in today's financial landscape. Since then, the company has demonstrated substantial growth, expanding its transatlantic reach and enhancing its product offerings significantly, notably through the introduction of GSmart AI, which streamlines operations and enhances decision-making processes for financial leaders.

Industry Overview

The treasury and finance industry is experiencing a transformative period, driven by advancements in technology and changing market dynamics. In many regions, including Europe and North America, financial organizations are increa