Andrew AbernathyApr 6, 2025

Oof. #monotype #font #hggc

As pointed out in a reply, Monotype was purchased by private equity firm HGGC several years ago:

https://www.fastcompany.com/90382770/legendary-type-foundry-monotype-sold-to-private-equity-for-825-million
https://typo.social/@klim/114286796140933966

Legendary type foundry Monotype sold to private equity for $825 million

It's the end of an era for the world's oldest type foundry.

Fast Company
Yonhap Infomax NewsFeb 28, 2025
Korea Investment Corporation hosts New York forum on private equity strategies, emphasizing partnerships over transactions in uncertain market conditions
#YonhapInfomax #KoreaInvestmentCorporation #PrivateEquityStrategy #NewYorkFinanceForum #HGGC #InstitutionalInvestors #Economics #FinancialMarkets #Banking #Securities #Bonds #StockMarket
https://en.infomaxai.com/news/articleView.html?idxno=52607
KIC Discusses Private Equity Strategy in New York - 'Partnership Over Transactions'

Korea Investment Corporation hosts New York forum on private equity strategies, emphasizing partnerships over transactions in uncertain market conditions

Yonhap Infomax
Lewis Dexter LitanziosJan 7, 2020
๐Ÿ’ฉ #Typecast (owned by #Monotype owned by #HGGC) don't give a f#ck - won't be using any of their products/services again #UX #Fail #Business #Ethics #Privacy #Technology #Software
Dr. Roy Schestowitz (็ฝ—ไผŠ)May 2, 2018
RPX, RIP http://techrights.org/2018/05/02/hggc-rpx/ #RPX #hggc #patents #patenttrolls
RPX, RIP

Months after RPX executives left and even Microsoft canceled its membership the company as a whole gets sold to a private equity firm