Barings Provides Financing to Back Hg Capital’s Investment in Rightsline
Barings Provides Financing to Back Hg Capital’s Investment in Rightsline
CHARLOTTE, N.C.--(BUSINESS WIRE)--Barings, one of the world’s leading alternative investment managers, announced today that it served as administrative agent of senior secured credit facilities to support Hg Capital’s (“Hg”) acquisition of Rightsline (the “Company”).
Rightsline is a leading provider of rights and royalties management software for IP-intensive industries.
“Barings is excited to partner with Hg through the acquisition of Rightsline, and we look forward to continuing to support Hg with financing solutions across future acquisitions,” said Will Zvara, Managing Director in Barings’ North America Direct Lending Group.
“We appreciate Barings’ partnership and ability to move quickly and speak with conviction throughout this process,” said Farouk Hussein, Partner at Hg. “Barings’ experience within the software landscape allowed for a seamless execution.”
About Barings
Barings is a $481 billion* global alternative asset manager that partners with institutional, insurance, and wealth clients, and supports leading businesses with flexible financing solutions. The firm, a subsidiary of MassMutual with a minority investment from MS&AD, seeks to deliver excess returns by leveraging its global scale and capabilities across credit, real assets and capital solutions.
*As of March 31, 2026
About Rightsline
Rightsline is a leading global provider of rights and royalties management software, helping IP owners to manage and monetize content across the full intellectual property lifecycle. Trusted by more than 300 enterprise customers worldwide across media and entertainment, publishing, consumer products, life sciences, technology, gaming, music and franchising, Rightsline provides legal, sales, finance and operations teams with complete visibility into their rights, royalties, contracts and monetization opportunities. The platform processes more than $40 billion of royalties annually and manages over 150 million IP assets across 28 countries. Founded in 2012, the company is headquartered in Los Angeles, California, with operations in New York, Boston, Toronto, London, and India. For additional information, visit www.rightsline.com.
About Hg Capital
Hg is an investor in European and transatlantic technology and services businesses. They are an AI leader in private equity, helping to build sector-leading enterprises that supply critical applications or workflow services to deliver intelligent automation for their customers. They take an active approach to value creation, combining deep end-market knowledge with world class operational resources to support entrepreneurial leaders looking to scale and drive AI transformation. With a vast European network and strong presence across North America, Hg has over $110 billion* in assets under management and more than 400 employees. Their portfolio spans around 60 businesses worth over $190 billion in aggregate enterprise value, employing more than 130,000 people and consistently growing revenues at more than 18% annually. More information on Hg and its portfolio companies can be found at www.hgcapital.com.
*All Hg portfolio statistics, including assets under management, aggregate enterprise value, portfolio company headcount, and revenue growth figures, are as of May 27th, 2026 and are unaudited. Assets under management includes committed capital across all active Hg funds, including undrawn commitments.