H.I.G. Capital bought an industrial company with about 350 employees that sells and services petroleum fueling stations, EV charging infrastructure, and industrial pumps and compressors. The deal was reported on November 25, 2024.
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.
Dazpak Flexible Packaging, owned by H.I.G. Capital, completed its acquisition of Atlapac Corporation, a flexible packaging and pouch converter in Columbus, Ohio. The deal expands Dazpak's flexible packaging business in the Midwest.
United Flow Technologies, a platform owned by H.I.G. Capital, completed its acquisition of Tesco Controls, a Sacramento-based control system integrator for water and other sectors. Terms were not disclosed.
H.I.G. Capital, through an affiliate, completed its acquisition of Jackson Paper Manufacturing and Sustainable Corrugated, a recycled corrugated packaging maker headquartered in Sylva, North Carolina, on September 1, 2021. H.I.G. is partnering with the current management team.
H.I.G. Capital made simultaneous growth investments in Action Point and Signature Flexible Packaging and merged them into one flexible food and consumer packaging provider. The deal was announced on 5 January 2021 with no financial terms disclosed.
H.I.G. Capital portfolio company Cadica Group has acquired the majority of Scatolificio Cartotecnica Giorgi, a Tolentino packaging box maker producing over 70,000 boxes daily, announced January 21, 2020.
Greif has completed its all-cash acquisition of Caraustar Industries for $1.8 billion, expecting at least $45 million in cost synergies within 36 months.
Greif agreed to acquire recycled paperboard maker Caraustar Industries from H.I.G. Capital in a cash deal valued at $1.8 billion. Closing is expected in Q1 2019, with at least $45 million of annual cost synergies identified.
Private equity firm J.H. Whitney Capital Partners acquired Accupac from H.I.G. Capital. Accupac provides outsourced manufacturing and packaging for pharmaceutical and OTC personal care manufacturers. The deal value was not disclosed.