Associated tags: H.I.G. Capital, Professional Services, Finance, Banking, Financial services, Whitehorse, CLO, BDC
Locations: MARYLAND, GEORGIA, COLOMBIA, SAN FRANCISCO, CHICAGO, LONDON, AUSTRALIA, NEVADA, CENTRAL AMERICA, VIRGINIA, ALABAMA, MEXICO, PERU, DANVILLE, IL, MINNESOTA, QUEBEC, SLOUGH, FLORIDA, UNITED STATES, UNITED KINGDOM, GREECE, NORTH AMERICA, ITALY, EUROPE, ELLA, SPAIN, PORTUGAL, CALIFORNIA, NEW JERSEY, CANADA, NEW YORK, TEXAS, TX, NEW YORK CITY, UNITED ARAB EMIRATES, SOUTH AMERICA, LATIN AMERICA, MIDDLE EAST, AFRICA, IRELAND, UK, NORTH CAROLINA, NC, LOS ANGELES, PARIS
Banking,
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Construction & Property,
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Air,
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Logistics,
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Water,
London Stansted Airport,
Growth,
IOS,
H.I.G. Capital Key Points:
- H.I.G.
- The 42-acre estate includes a portfolio of high quality, fully let, last-mile logistics assets, located next to Stansted Airport, one of the U.K.’s major transportation hubs.
- Plans for Water Circle include establishing an employment-led prime industrial and IOS hub in one of the most constrained logistics sub-markets in the U.K.
Riccardo Dallolio, Managing Director and Head of H.I.G.
- Realty, commented, “The acquisition of the Water Circle Estate is an important step for H.I.G.
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McDermott Will & Emery,
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H.I.G. Capital,
Workforce,
Holland & Knight,
Management "), a leading global alternative investment firm with $60 billion of capital under management, is pleased to announce that one of its affiliates has completed the acquisition of USA DeBusk, LLC (“USA DeBusk” or the “Company”), a leading national provider of mission-critical industrial cleaning and infrastructure maintenance services.
Key Points:
- "), a leading global alternative investment firm with $60 billion of capital under management, is pleased to announce that one of its affiliates has completed the acquisition of USA DeBusk, LLC (“USA DeBusk” or the “Company”), a leading national provider of mission-critical industrial cleaning and infrastructure maintenance services.
- USA DeBusk’s executive team, led by CEO Andrew DeBusk, will continue to lead the Company and remain significant shareholders.
- Headquartered in Deer Park, TX, USA DeBusk operates from a network of 39 offices across the United States and employs over 2,500 full-time employees.
- Andrew DeBusk, CEO of USA DeBusk, said, “We are excited to partner with H.I.G.
Aerospace,
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Military,
Defense,
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Segers,
MRO,
Honeywell,
Acquisition,
H.I.G. Capital,
Fairhope, Alabama,
OEM,
Investment,
C-130,
Safety,
Aircraft "), a leading global alternative investment firm with $60 billion of capital under management, is pleased to announce that one of its affiliates has completed the acquisition of Segers Aero Corporation (“Segers” or the “Company”).
Key Points:
- "), a leading global alternative investment firm with $60 billion of capital under management, is pleased to announce that one of its affiliates has completed the acquisition of Segers Aero Corporation (“Segers” or the “Company”).
- Segers provides essential maintenance, repair, and overhaul (“MRO”) services on mission-critical military platforms.
- Segers, headquartered in Fairhope, AL, was founded in 1976 and is led by a team of industry veterans with deep MRO experience.
- Given our reputation for safety and providing the highest quality services, our customers are increasingly turning to Segers to meet their needs.
Banking,
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Medtronic,
H.I.G. Capital,
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Waters Corporation,
CO,
J&J,
Management Capital (“H.I.G.”), a leading global alternative investment firm with $60 billion of capital under management, is pleased to announce that one of its affiliates has completed the acquisition of the Spine division of ZimVie, Inc (“ZimVie”, NYSE: ZIMV).
Key Points:
- Capital (“H.I.G.”), a leading global alternative investment firm with $60 billion of capital under management, is pleased to announce that one of its affiliates has completed the acquisition of the Spine division of ZimVie, Inc (“ZimVie”, NYSE: ZIMV).
- The acquired business will operate as an independent entity and has been renamed Highridge Medical (“Highridge” or the “Company”).
- Glen Kashuba will join Highridge as the Chief Executive Officer and Rebecca Whitney will continue as President of Highridge.
- medical device investments include Augmedics, Vertiflex (acquired by Boston Scientific), Neuwave Medical (acquired by J&J), and Intact Vascular (acquired by Philips).
Retrieved on:
Wednesday, March 27, 2024
Technology,
Mobile,
Wireless,
Nanotechnology,
Audio,
Video,
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Banking,
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Internet,
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Electronic Design Automation,
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Consumer Electronics,
Partnership,
SME,
H.I.G. Capital,
European,
Acquisition WhiteHorse Europe, a credit affiliate of global investment firm H.I.G.
Key Points:
- WhiteHorse Europe, a credit affiliate of global investment firm H.I.G.
- is pleased to announce that it has arranged a financing package for Germany-headquartered Connexta GmbH (“Connexta” or the “Company”), backing its acquisition by Fremman Capital (“Fremman”), a pan-European, mid-market investment firm.
- WhiteHorse Europe has arranged a €90 million financing package, which will be used to finance the acquisition and provide additional capital to support the Company’s expansion, particularly through an active buy-and-build strategy.
- WhiteHorse Europe, said: “We are delighted to partner with Fremman Capital and to contribute to the future success of the Company through a tailor-made and flexible financing solution.
Software,
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Environment,
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Acquisition,
H.I.G. Capital,
Architecture,
Data management WhiteHorse Europe, a credit affiliate of global investment firm H.I.G.
Key Points:
- WhiteHorse Europe, a credit affiliate of global investment firm H.I.G.
- WhiteHorse Europe, through some of its affiliates, acted as the sole arranger, while Caisse d’Epargne et de Prévoyance Hauts de France participated in the financing alongside H.I.G.
- WhiteHorse Europe, said: “Stordata has embarked on a remarkable growth journey in recent years, leveraging its expertise in security and data management, further reinforcing its position in the French digital transformation sector.
- WhiteHorse Europe, said: “We are delighted to support Stordata and Elyan.
Retrieved on:
Wednesday, March 20, 2024
Data Management,
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Payroll,
Webcast,
Artificial intelligence,
Simpson Thacher & Bartlett,
Sale,
SAP,
Acquisition,
LLP,
H.I.G. Capital,
Guggenheim Partners,
Professional services,
Investment,
HCM,
Kirkland & Ellis Alight, Inc. (NYSE: ALIT), a leading cloud-based human capital technology and services provider, today announced that it has signed a definitive agreement to sell its Professional Services segment and its Payroll & HCM Outsourcing businesses within the Employer Solutions segment (the “Payroll & Professional Services business”) to an affiliate of H.I.G.
Key Points:
- Alight, Inc. (NYSE: ALIT), a leading cloud-based human capital technology and services provider, today announced that it has signed a definitive agreement to sell its Professional Services segment and its Payroll & HCM Outsourcing businesses within the Employer Solutions segment (the “Payroll & Professional Services business”) to an affiliate of H.I.G.
- This values the Payroll & Professional Services business at a multiple of approximately 10 times its estimated 2023 adjusted EBITDA and 24 times its estimated unlevered free cash flow.
- Following the transaction, Alight and the Payroll & Professional Services business will establish a commercial partnership to bolster their collective competitiveness, coupling world-class service capabilities with a compelling value proposition for clients.
- “We are thrilled to partner with Luca and the entire Payroll & Professional Services team,” commented Matt Lozow, Managing Director at H.I.G.
Retrieved on:
Wednesday, March 20, 2024
Software,
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Networks,
Accounting,
Internet,
Professional Services,
Hardware,
Technology,
Other Professional Services,
Human Resources,
Finance,
Other Technology,
HR,
Growth,
Partnership,
Payroll,
Simpson Thacher & Bartlett,
LLP,
SAP,
H.I.G. Capital,
Guggenheim Partners,
Investment,
Kirkland & Ellis,
Alight Capital (“H.I.G.”), a leading global alternative investment firm with $60 billion of capital under management, is pleased to announce that one of its affiliates has signed a definitive agreement to acquire the Payroll and Professional Services Business (“Payroll & Professional Services” or the “Company”) of Alight, Inc. (“Alight”, NYSE: ALIT) for up to $1.2 billion.
Key Points:
- Capital (“H.I.G.”), a leading global alternative investment firm with $60 billion of capital under management, is pleased to announce that one of its affiliates has signed a definitive agreement to acquire the Payroll and Professional Services Business (“Payroll & Professional Services” or the “Company”) of Alight, Inc. (“Alight”, NYSE: ALIT) for up to $1.2 billion.
- The Payroll and Professional Services Business is a leading global provider of technology-enabled payroll, human capital management, and professional services.
- The Company provides a full suite of end-to-end technology and services, including U.S. and multi-country global payroll, HR administration & outsourced services, cloud technology advisory and deployment & application managed services.
- “We are thrilled to partner with Luca and the entire Payroll & Professional Services team,” commented Matt Lozow, Managing Director at H.I.G.
Banking,
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Euronext Paris,
Growth,
H.I.G. Capital,
PAR,
Ticker Key Points:
- H.I.G.
- Capital (“H.I.G.”), a leading global alternative investment firm with $60 billion of capital under management, is pleased to announce that one of its affiliates has signed a definitive agreement to carve out the Thermal Commercial Vehicles division (the “Company”) from Valeo (Ticker: FR: PAR on the Paris Stock Exchange).
- The transaction is expected to close this year and is subject to customary regulatory approvals.
- Europe Middle Market Private Equity team, said: “We are delighted to have the opportunity to acquire Spheros.
Other Professional Services,
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ICG,
SPIE,
DPE,
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Artificial intelligence,
Actua Corporation,
Fiber to the x,
H.I.G. Capital,
Investment,
Ticker,
TripleA Capital (“H.I.G.“), a leading global alternative investment firm with $60 billion of capital under management, is pleased to announce that it has signed a definitive agreement to sell its German portfolio company ICG Group (the “company” or “ICG”) to SPIE Group, a European leader in multi-technical services in the areas of energy and communications, listed on the Paris stock exchange (Ticker: SPIE).
Key Points:
- Capital (“H.I.G.“), a leading global alternative investment firm with $60 billion of capital under management, is pleased to announce that it has signed a definitive agreement to sell its German portfolio company ICG Group (the “company” or “ICG”) to SPIE Group, a European leader in multi-technical services in the areas of energy and communications, listed on the Paris stock exchange (Ticker: SPIE).
- ICG Group was initially launched in 2021, with H.I.G.’s platform investment in Infratech, which builds complex FTTx networks on behalf of public and private German network operators.
- We have established ICG Group as the leading enabler of next-generation infrastructures and turnkey network solutions in Germany and beyond.
- We are looking forward to continue ICG’s success story as part of SPIE Group."