Hg has today announced an £11.7m investment in Empyrean Solutions aprovider of risk and performance management software for financial institutions. The investment was enacted along with other institutional clients of Hg through the Hg Mercury 4 Fund.

Commenting on the deal, Farouk Hussein, Partner at Hg said. 

“The Empyrean success story is still in its early innings. Our knowledge of the ‘Office of CFO’, experience in banking software, and extensive work across this sector confirmed Empyrean’s unique positioning. We are impressed by Empyrean’s management team and their approach to launching new products that solve financial institution CFO customer pain points, and we look forward to backing Chris and partnering with the existing shareholders and management team.” 

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