HgCapital backs Street Group in GBP200 million valuation. 22nd Jul 2026 13:10 (Alliance News) - HgCapital Trust PLC on Wednesday said it has invested GBP7 million in UK property software provider Street Group Ltd, as part of a wider investment by manager Hg that values the business at more than GBP200 million. The London-based investment trust which provides access to private equity investments of manager Hg said the investment will be made alongside other institutional clients through the Hg Mercury Fund. Terms of the transaction were not disclosed. Street Group, which is headquartered in Manchester, provides software and artificial intelligence tools to UK estate and letting agents. Its products include customer relationship management platform Street.co.uk, prospecting platform Spectre, and AI product suite Cortex. Hg said the investment will support Street's product development, expand its AI capabilities and accelerate growth, while founders and co-Chief Executives Tom and Heather Staff will remain majority controlling shareholders and continue to lead the business. Following the investment, HgCapital Trust's available liquid resources are estimated at GBP278 million, equivalent to 12% of its pro forma net asset value of GBP2.4 billion as at March 31. Outstanding commitments to invest in future Hg transactions will fall to around GBP2.1 billion, or 87% of pro forma NAV. Shares in HgCapital Trust were up 2.2% at 388.15 pence in London on Wednesday afternoon. By Eva Castanedo, Alliance News senior economics reporter Related Shares:

Hg Capital Trust has invested £7 million in Street Group, a Manchester-based proptech company providing AI-driven software to UK estate and letting agents. The investment values Street at over £200 million. Founded by siblings Tom and Heather Staff, Street offers an integrated operating system including CRM platform Street.co.uk, lead-generation tool Spectre, and AI products like Cortex. The company serves thousands of agency branches across the UK. The Staff siblings will retain majority control and continue as co-CEOs. The partnership aims to accelerate product innovation and strengthen Street's AI capabilities. Hg's Louis Kinsella praised Street as "a category leader with a technical edge, loved by its customers." Following the investment, HgT's liquid resources for future deployment stand at £278 million, representing 12% of its £2.4 billion pro-forma net asset value.