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An affiliate of H.I.G. Capital completed the acquisition of Segers Aero Corporation, an FAA-certified provider of engine, accessory and propeller maintenance, repair and overhaul services for C-130 and similar aircraft. Segers is headquartered in Fairhope, Alabama, and H.I.G. will partner with current management.
“H.I.G. Capital ("H.I.G."), ... is pleased to announce that one of its affiliates has completed the acquisition of Segers Aero Corporation.”businesswire.com
Summarized from public sources; check the original articles before acting on it.