PE Hub
HGGC said on Tuesday that it has completed an investment in MyWebGrocer. No financial terms were disclosed. Also, as part of this transaction, the Stripes Group,a minority investor in MyWebGrocer, has sold its stake. The Jordan Edmiston Group served as financial advisor to both MyWebGrocer and Stripes Group.
HGGC Invests in MyWebGrocer as Stripes Group Sheds Stake
Dow Jones
HGGC said it made a growth equity investment in MyWebGrocer Inc., a provider of digital marketing services for grocery stores and global consumer packaged goods companies.