Klass Capital leads Rightsline in US$500 million investment from Hg

Goodmans LLP acted for Klass Capital in connection with Rightsline’s US$500 million strategic growth investment from Hg.  

Klass Capital, Rightsline’s majority owner since 2020, Salem Partners, and the broader management team invested meaningfully alongside Hg, reflecting their continued confidence in the business.

The investment accelerates Rightsline’s product and AI roadmap and supports the company's international expansion, drawing on Hg's transatlantic network and its team of more than 100 AI specialists.

Klass Capital is a Toronto-based growth equity firm that partners with high-performing B2B software companies to help them scale into global category leaders. Founded by Daniel Klass, the firm takes a concentrated, long-term approach and has backed software businesses including Docebo, Resolver, Nulogy, AlayaCare and Vena Solutions, among others. Klass Capital has been a shareholder in Rightsline since 2020.

Rightsline is an American global rights and royalties SaaS platform that provides IP owners of all sizes with innovative technology tools to manage and monetize content across the entire intellectual property lifecycle.

Hg is a European private equity firm that invests in transatlantic technology businesses.