HgCapital Looks to Exit SHL

HgCapital, the mid-market private equity shop, is looking to exit its investment in SHL, the largest private employer of business psychologists in the world, Reuters reported, citing an article in the Financial Times. The UK-based business is valued at about $700 million.

(Reuters) – Mid-market private equity firm HgCapital is looking to sell SHL, the largest private employer of business psychologists in the world, the Financial Times reported on Monday.

The newspaper cited two people close to the situation as saying the group has mandated Morgan Stanley to examine options for the business, which is valued at $700 million.

UK-based SHL is a global leader in psychometric testing, with Barclays, Coca-Cola and Vodafone among its client base, according to the FT.

Psychometric tests evaluate everything from a candidate’s suitability for a job to his or her reliability, their likelihood to cause an accident, or the risk of absenteeism.

The tests can also screen the predisposition of a bank manager or an entire trading floor to take excessive risks.

HgCapital officials were unavailable for immediate comment.

Related Posts

Leave a Reply

PEHUB Community

Join the 12503 members of peHUB to make connections, share your opinion, and follow your favorite authors.

Join the Community

Look Who’s Tweeting

Psst! Got any hot tips?

  • This field is for validation purposes and should be left unchanged.

PE HUB News Briefs

RSS Feed Widget


VCJ Headlines (subscribers only)

RSS Feed Widget

Buyouts Headlines (subscribers only)

RSS Feed Widget

Reuters VC and PE feed

RSS Feed Widget