- Hg has been invested in Access People since 2018
- Access People is a division of The Access Group, a provider of business management software
- Hg alongside TA Associates made a further investment in The Access Group in June 2022
Access People, a division of Hg-backed The Access Group, has announced it has acquired Reading, England-based Paycircle, a cloud-based collaborative payroll platform for payroll bureaus. Hg has been invested in The Access Group since 2018 and in June 2022 made a further investment in the Loughborough, England-headquartered group alongside TA associates.
Access provides business management software to UK mid-market organisations. Its portfolio spans finance, HR, payroll, hospitality, recruitment, health and social care, manufacturing and distribution, education and not-for-profit sectors.
“At a time of economic difficulty for many organisations, providing accurate, efficient and on-time payroll is more crucial than ever,” said Charles Butterworth, managing director, Access People.
Hg targets technology buyouts primarily in Europe and the US. It has over $55 billion in funds under management with nearly 300 employees across London, Munich and New York. It has led over 170 investments in the software and services sector since its inception.
If you do not receive this within five minutes, please try to sign in again. If the problem persists, please email: 
