– Hg, a leading investor in European and transatlantic software and services businesses, marks three years of collaboration with Anthropic and announces a new strategic venture to bring Claude’s agentic AI capabilities across the Hg portfolio.
– Hg Catalyst, the firm’s AI product incubator and broader in-house AI capability, will work directly with Anthropic to deploy agentic AI across portfolio companies.
– The initiative builds on a relationship dating back to early 2024 and more than 1,600 live AI projects across the Hg portfolio.
– These projects represent more than $260 million in budgeted EBITDA impact, a 5x increase from the level reported previously.
– Hg was among the first private equity firms globally to work directly with a frontier AI lab, with the relationship spanning AI hackathons, employee enablement and embedded AI deployments.
– The expanded partnership will focus on how agentic AI can be implemented within real businesses to deliver measurable operational and financial results.
– Hg’s portfolio companies provide the systems of record and sector-specific workflows, while Anthropic provides the AI intelligence layer, with the combination designed to unlock value from agentic AI.
– Hg says it has been investing in AI capabilities for a decade and now operates one of the largest dedicated AI value-creation capabilities in private equity.
– Recent portfolio examples include Quantios, which launched its first agentic AI solution in March 2026 with support from Hg Catalyst ahead of its sale to Vista Equity Partners.
– GTreasury, acquired by Ripple, and Intelerad, acquired by GE HealthCare, are also cited as examples of portfolio companies where embedded AI strategies have supported business transformation.
– Hg says businesses with credible, product-embedded AI strategies are attracting stronger buyer interest.
– Steven Batchelor and Jean-Baptiste Brian, Co-CEOs of Hg: “Hg backed the shift toward agentic AI early,” and said the relationship with Anthropic gives portfolio companies a direct line to frontier AI as the technology reshapes software businesses.
– Guillaume Princen, Head of International, Digital Native Businesses at Anthropic: said Claude provides Hg’s portfolio with frontier agentic AI alongside safety standards designed to support the use of AI agents in critical workflows.
