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Special Report
Special report N°8 - Hg
November 2024

Focus on The Access Group, a company in which Hg has invested

Published on
2/12/2024
Amended on
14/3/2025
0
minute(s)
In the ever-changing technological landscape, one company has emerged as an innovative force, redefining the standards of enterprise solutions. With a track record of impressive growth, UK-based technology company The Access Group has captured attention by offering diversified solutions ranging from financial management to human resources management. The Access is featured in the Vintage Altaroc Odyssey 2022. Altaroc has also made a co-investment in the company, alongside Hg.
By
Damien Hélène
Damien Hélène
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From humility to strong growth

Founded with a simple but powerful vision, The Access has its origins in Yorkshire, UK. From humble beginnings, the company has spanned the decades with unwavering determination, expanding its portfolio of products and services to meet the changing needs of businesses worldwide.

A range of innovative solutions

The Access Group stands out for its ability to understand the complex challenges faced by modern businesses, and to provide solutions tailored to their needs. From financial management software to human resources management tools, the group offers a range of integrated products designed to simplify operations and maximize efficiency.

Why did Hg invest in Access?

As Nic Humphries, Senior Partner and Executive Chairman of Hg explains, "Access' financial characteristics are, from a financial point of view, invaluable. Organic sales growth is around 10%. Organic EBITDA growth is around 10%. So, even if the company doesn't carry out any mergers and acquisitions, and on the basis of this organic growth alone, we should achieve an IRR of 20%".

Agility in a changing world

In a business environment where rapid response is crucial, The Access stands out for its agility. The ability to adapt to technological and market changes has kept the company at the forefront of the race, offering its customers cutting-edge solutions.

Commitment to data security

In the age of digitization, data security is a major concern. The Access has placed security at the heart of its concerns, integrating robust measures to protect its customers' sensitive information. This approach has helped to reinforce the confidence of companies that depend on the reliability of its solutions.

Company outlook

As The Access Group continues to make its mark on the world of enterprise technology, industry observers are eager to see how the company will capitalize on its success to meet future challenges. With a team of seasoned professionals and a passion for innovation, The Access looks set to play a major role in shaping the future of enterprise solutions.

The Access is a dynamic technology company, demonstrating that innovation and a deep understanding of customer needs are the keys to success in the ever-changing world of business.

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Cette partie du site Internet d’Altaroc Partners est réservée aux seuls investisseurs professionnels ou avertis.

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This section of the Altaroc Partners website is exclusively reserved for professional or qualified investors.By accessing this content, you confirm that you are either:

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Funds managed by Altaroc Partners involve risks, including capital loss and liquidity constraints, and may not be suitable for investors planning to withdraw their investment before the recommended holding period.Before proceeding, please carefully review the information provided in the "Legal Notice" section for your own protection and benefit

This section of the Altaroc Partners website is exclusively reserved for professional or qualified investors.By accessing this content, you confirm that you are either:

  • A professional investor as defined by Directive 2014/65/EU (MiFID II) and Article L.533-16 of the French Monetary and Financial Code, possessing the necessary experience, knowledge, and expertise to make your own investment decisions and properly evaluate associated risks;
  • A qualified investor as defined in Article 423-49 of the AMF General Regulation; or
  • An international investor belonging to an equivalent category under the laws of your country of residence, able to invest a minimum amount of €100,000 and seeking a long-term investment.

Funds managed by Altaroc Partners involve risks, including capital loss and liquidity constraints, and may not be suitable for investors planning to withdraw their investment before the recommended holding period.Before proceeding, please carefully review the information provided in the "Legal Notice" section for your own protection and benefit

This section of the Altaroc Partners website is exclusively intended for private investors who are classified as non-professional under Directive 2014/65/EU, as well as international investors belonging to an equivalent category pursuant to the applicable regulations of their country of residence. Before accessing the website, please carefully review the information provided in the Legal Notice section, which has been prepared for your protection and benefit. By proceeding, I confirm that I have read and accept the terms and conditions of use for this website.

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By choosing to access our website, you acknowledge having read and accepted these Terms and confirm that you are accessing this website in compliance with the laws and regulations of the jurisdiction or country in which you reside.

This website allows you to consult only the information related to the Funds that are subject to a public offering in the selected country. This website is not intended for individuals subject to jurisdictions where the publication or access to the website is prohibited due to their nationality or place of residence. Individuals accessing the website acknowledge that they are solely responsible for complying with the laws and regulations applicable in their country of residence and/or nationality.

This website is an informational platform designed to present the portfolio management activities of Altaroc Partners S.A., as well as the main characteristics of its Funds and services. No information or opinion expressed on this website constitutes a solicitation, an offer, or a recommendation to buy, sell, or transfer an investment, to engage in any other transaction, or to provide investment advice or services.

Before investing in a Fund, which by nature involves a risk of loss of the invested capital, we invite you to consult an investment advisor and to review the Key Information Document (KID), the prospectus, and any other supplementary information available on this website. A paper version can be requested from any authorized distributor or directly from the Management Company. These documents will be provided free of charge at any time upon request.

Please note that the information and documents provided do not take into account your personal investment objectives, strategy, tax status, risk appetite, or investment horizon. We recommend consulting your personal advisor for tailored investment advice.

Altaroc Partners S.A. reserves the right to modify the content of this website at its sole discretion and without prior notice.

Investors are reminded that past performance is not indicative of future results and is not constant over time. Our Funds do not offer any guarantee of returns or performance and involve a risk of capital loss. Past performance should not be the primary factor in your investment decision.

This website is not intended for citizens or residents of the United States of America or “U.S. Persons” as defined under “Regulation S” of the United States Securities Act of 1933. None of the Funds presented herein may be offered or sold, directly or indirectly, in the United States of America, to residents or citizens of the United States of America, or to “U.S. Persons.”

By choosing to access our website, you acknowledge having read and accepted these Terms and confirm that you are accessing this website in compliance with the laws and regulations of the jurisdiction or country in which you reside.

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