Deal Roundup: Hg seals $3bn-plus Auditboard deal, KPS buys Tate & Lyle ingredients arm

Private equity major Hg has agreed a more than $3bn buyout of risk management solutions business AuditBoard. The company, founded in 2014, serves over 2,000 enterprises, boasting a clientele that includes nearly 50% of the Fortune 500. Auditboard crossed the $200m annual recurring revenue milestone in late 2023. Nic Humphries, senior partner at Hg, said, …