Hg has announced an investment in CUBE, a global leader in Automated Regulatory Intelligence and Regulatory Change Management technology. HgT will invest approximately £9.7 million in CUBE, with other institutional clients of Hg investing alongside HgT through the Hg Mercury 4 Fund.

Christopher Fielding, Partner at Hg, said: “CUBE is an excellent example of a business that is using technology to solve real and pressing challenges for regulated industries. We have been impressed by CUBE’s innovative approach to regulatory intelligence and change management and the strong demand for its solutions amongst regulated firms across the globe. Ben is a visionary for this sector and we are excited to partner with him and the CUBE team in achieving their growth ambitions.”

Thomas Martin, Principal at Hg, said: “We have spent the last two years focusing on this sector and it’s clear that CUBE has built a unique platform that scales to the most demanding customer requirements and is highly differentiated in its ability to deliver. We are excited to be working with CUBE and their customers over the coming years building out transformational capabilities in managing compliance risk.”

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