Private equity firm Hg has taken a foothold in the fast‑growing rights‑and‑royalties market by investing in Rightsline, a software platform that manages royalty contracts and licensing data. The move follows a wave of PE funds targeting niche SaaS providers that offer transparent, scalable solutions for content owners and distributors. Hg’s backing gives Rightsline capital to expand its product suite and accelerate its global rollout.

Meanwhile, Ambienta‑backed No Dig Alliance has closed its purchase of JS Drilling Solutions, an underground pipe‑installation specialist. The acquisition adds a physical‑infrastructure component to No Dig’s portfolio of trenchless‑technology firms, positioning the group to capture growing demand for cost‑effective, low‑disruption utility works. The deal underscores Ambienta’s strategy of bundling software and field services under one umbrella to serve municipal clients nationwide.

Investors view the twin moves as a bet on the convergence of digital rights management and underground infrastructure modernization. By pairing Rightsline’s data capabilities with No Dig’s on‑ground execution assets, Hg and Ambienta aim to create cross‑selling opportunities and boost margins in two traditionally fragmented markets. The combined approach delivers immediate scale for both platforms for investors seeking diversified exposure.