# H.I.G. Capital acquires Time Manufacturing Company

H.I.G. Capital, a global alternative investment firm, has completed the acquisition of Time Manufacturing Holdings, a Waco, Texas-based designer and manufacturer of vehicle-mounted aerial lifts for utility and telecommunications markets. The acquisition was announced on December 3, 2021.

- Type: Acquisition
- Announced: 2021-12-01
- Where: Waco, Texas, United States
- Status: completed
- Products: vehicle-mounted aerial lifts, aerial work platforms
- Sectors: [Industrial Machinery](https://endata.com/sectors/industrial-machinery.md), [Material Handling](https://endata.com/sectors/material-handling.md)

## Companies

- [H.I.G. Capital](https://endata.com/companies/2117.md) (acquirer)
- [The Sterling Group](https://endata.com/companies/4416.md) (partner)
- [Time Manufacturing Company](https://endata.com/companies/22444.md) (target)

## Sources

- [hig.com](https://hig.com/news/h-i-g-capital-completes-acquisition-of-time-manufacturing-company/), 2021-12-03: "We are excited to enter into this new chapter with H.I.G. as we continue to support our customers with best-in-class safety, quality and service."
- [versalift.com](https://versalift.com/time-manufacturing-company-is-acquired-by-h-i-g/), 2021-12-03: "This acquisition strengthens the future of our company, and it enables greater opportunities for all of us as we continue to expand into new regions."
- [businesswire.com](https://www.businesswire.com/news/home/20211203005530/en/H.I.G.-Capital-Completes-Acquisition-of-Time-Manufacturing-Company), 2021-12-03: "H.I.G. Capital is pleased to announce that one of its affiliates has completed the acquisition of Time Manufacturing Holdings, LLC."
- [prnewswire.com](https://www.prnewswire.com/news-releases/time-manufacturing-company-is-acquired-by-hig-capital-from-the-sterling-group-301437314.html), 2021-12-03: "Time Manufacturing Company has been acquired by H.I.G. Capital from The Sterling Group."
- [timemfg.com](https://timemfg.com/time-manufacturing-company-acquired-h-i-g-capital-sterling-group/), 2021-12-03: "Time Manufacturing Company announced that it has been acquired by H.I.G. Capital."
- [vertikal.net](https://vertikal.net/en/news/story/38953/new-owner-for-time), 2021-12-07: "The Time/Versalift group has been acquired from private equity owners the Sterling Group by private equity firm H.I.G. Capital."

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Data from Endata (https://endata.com/). Announcements are summarized from public sources and may be incomplete; check the linked originals.