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HGGC Sells Minority Stake in Davies Group to Canadian Investor

HGGC, a leading middle-market private equity firm located in Palo Alto, California, announced that it was selling its minority stake in Davies Group Limited to Alberta Investment Management Corporation (AIMCo), a high-performing Canadian investment manager. In the interest of some of AIMCo’s clients, the company has signed a definitive agreement solidifying its position to obtain… is a participant in the Amazon Services LLC Associates Program, an affiliate advertising program designed to provide a means for sites to earn advertising fees by advertising and linking to Additionally, participates in various other affiliate programs, and we sometimes get a commission through purchases made through our links.