HGGC Makes PIPE Investment in Upland Software
Posted on 07/15/2022
On July 14, 2022, Upland Software, Inc. (NASDAQ: UPLD) disclosed a US$ 115 million strategic equity investment from HGGC, a private equity firm with over US$ 6.8 billion of cumulative capital commitments. The HGGC investment, in the form of a new class of convertible preferred stock issued at a premium to Upland’s current market price,…
