Street Group valued over £200m as Hg invests

Street Group, a Manchester-based provider of vertical software and AI for UK estate and letting agents, has secured a strategic growth investment from Hg, valuing the company at more than £200m. HgCapital Trust and other institutional clients will invest about £7m through the Hg Mercury Fund, with terms not disclosed. Founders Tom and Heather Staff will remain majority controlling shareholders and continue to lead the business as the deal funds further AI-led product development, including Cortex and the Street CRM and Spectre platform. The investment aligns with Street Group’s position as a growing platform serving thousands of UK branches and aiming to be a category-defining software and AI solution in the residential property sector. Hg notes its enhanced liquidity and future deployment capacity; post-transaction resources are reported around £278m with approximately £2.1bn of commitments remaining, reflecting pro-forma NAV metrics. The announcements were reported by multiple outlets in July 2026 and confirm the valuation and strategic backing for Street Group.