H.I.G. CAPITAL


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

H.I.G. Capital Signs Definitive Agreement to Acquire Ascent Global Logistics

Retrieved on: 
Tuesday, August 22, 2023

"), a leading global alternative investment firm with $58 billion of capital under management, is pleased to announce that one of its affiliates has signed a definitive agreement to acquire Ascent Global Logistics ("Ascent" or the "Company"), a leading provider of technology-enabled, expedited logistics and supply chain solution services from affiliates controlled by Elliott Investment Management L.P. ("Elliott").

Key Points: 
  • "), a leading global alternative investment firm with $58 billion of capital under management, is pleased to announce that one of its affiliates has signed a definitive agreement to acquire Ascent Global Logistics ("Ascent" or the "Company"), a leading provider of technology-enabled, expedited logistics and supply chain solution services from affiliates controlled by Elliott Investment Management L.P. ("Elliott").
  • Headquartered in Belleville, Michigan, Ascent provides solutions to customers' most complex, time-critical logistics requirements with industry-leading service and on-time delivery levels.
  • The Company is a global industry leader in on-demand ground and air expedited logistics solutions, truck brokerage, freight forwarding, and other value-added transportation services.
  • "Ascent is the preeminent provider of time-critical logistics services and is uniquely positioned to meet the increasing complexity within global supply chains," said Rob Jang, Managing Director at H.I.G.

H.I.G. Capital Signs Definitive Agreement to Acquire Ascent Global Logistics

Retrieved on: 
Tuesday, August 22, 2023

Capital (“H.I.G.”), a leading global alternative investment firm with $58 billion of capital under management, is pleased to announce that one of its affiliates has signed a definitive agreement to acquire Ascent Global Logistics (“Ascent” or the “Company”), a leading provider of technology-enabled, expedited logistics and supply chain solution services from affiliates controlled by Elliott Investment Management L.P. (“Elliott”).

Key Points: 
  • Capital (“H.I.G.”), a leading global alternative investment firm with $58 billion of capital under management, is pleased to announce that one of its affiliates has signed a definitive agreement to acquire Ascent Global Logistics (“Ascent” or the “Company”), a leading provider of technology-enabled, expedited logistics and supply chain solution services from affiliates controlled by Elliott Investment Management L.P. (“Elliott”).
  • Headquartered in Belleville, Michigan, Ascent provides solutions to customers’ most complex, time-critical logistics requirements with industry leading service and on-time delivery levels.
  • The Company is a global industry leader in on-demand ground and air expedited logistics solutions, truck brokerage, freight forwarding, and other value-added transportation services.
  • “Ascent is the preeminent provider of time-critical logistics services and is uniquely positioned to meet the increasing complexity within global supply chains,” said Rob Jang, Managing Director at H.I.G.

H.I.G. Capital Signs Definitive Agreement to Acquire RBmedia

Retrieved on: 
Wednesday, July 26, 2023

Capital (“H.I.G.”), a leading global alternative investment firm with $58 billion of capital under management, is pleased to announce that one of its affiliates has signed a definitive agreement to acquire RBmedia (the “Company”), the world’s leading publisher in audiobooks and spoken content, from KKR.

Key Points: 
  • Capital (“H.I.G.”), a leading global alternative investment firm with $58 billion of capital under management, is pleased to announce that one of its affiliates has signed a definitive agreement to acquire RBmedia (the “Company”), the world’s leading publisher in audiobooks and spoken content, from KKR.
  • RBmedia’s management team, led by CEO Tom MacIsaac, will continue to lead the Company and remain as shareholders in the business.
  • “The audiobook industry is at a unique inflection point and RBmedia is well positioned to capitalize on the numerous tailwinds present in the industry,” said Tom MacIsaac, CEO of RBmedia.
  • will help take RBmedia to even greater heights.”
    The transaction is expected to close in 2023 and is subject to customary regulatory approval.

H.I.G. Capital to Acquire RBmedia from KKR

Retrieved on: 
Wednesday, July 26, 2023

will acquire RBmedia and support its next phase of growth and development.

Key Points: 
  • will acquire RBmedia and support its next phase of growth and development.
  • RBmedia is the leading audiobook publisher in the world with a powerful digital distribution network that reaches millions of listeners around the globe.
  • During this period, RBmedia also experienced five years of double-digit revenue growth, invested in diverse content and expanded into international markets.
  • Morgan Stanley & Co. LLC and RBC Capital Markets acted as financial advisors, and Latham & Watkins LLP provided legal advice, to H.I.G.

Construction Forms, an H.I.G. Capital Portfolio Company, Completes Acquisition of Tricon Wear Solutions

Retrieved on: 
Monday, July 24, 2023

Capital (“H.I.G.”), a leading global alternative investment firm with $57 billion of capital under management, is pleased to announce that its portfolio company, Construction Forms, Inc. (“CFI”), has acquired Tricon Wear Solutions (“Tricon”).

Key Points: 
  • Capital (“H.I.G.”), a leading global alternative investment firm with $57 billion of capital under management, is pleased to announce that its portfolio company, Construction Forms, Inc. (“CFI”), has acquired Tricon Wear Solutions (“Tricon”).
  • Tricon serves customers across various end markets including pulp & paper, mining, and aggregates, and has industry- leading metallurgy, fabrication, and engineering capabilities.
  • Together, we have decades of expertise in engineering solutions for challenging abrasion and wear resistance applications.
  • CFI serves customers globally in a wide range of industries including concrete pumping, mining, dredging, power generation, and pulp & paper.

H.I.G. Capital Completes Sale of Riveron

Retrieved on: 
Thursday, July 13, 2023

Capital (“H.I.G.”), a leading global alternative investment firm with $57 billion of capital under management, is pleased to announce the sale of its portfolio company Riveron (“Riveron” or the “Company”) to affiliates of Kohlberg & Company (“Kohlberg”).

Key Points: 
  • Capital (“H.I.G.”), a leading global alternative investment firm with $57 billion of capital under management, is pleased to announce the sale of its portfolio company Riveron (“Riveron” or the “Company”) to affiliates of Kohlberg & Company (“Kohlberg”).
  • will continue its partnership with Riveron through a minority investment.
  • Founded in 2006, Riveron helps clients navigate today’s most complex business challenges through its end-to-end suite of accounting, finance, technology, and operations services that span the business lifecycle.
  • has been a tremendous partner to Riveron and instrumental in helping us execute on our strategic vision,” said Julie Howard, Riveron’s Chief Executive Officer.

H.I.G. Capital Portfolio Company Grupo Ransa Completes Merger with Transportes Centroamericanos del Futuro

Retrieved on: 
Monday, July 10, 2023

Capital, LLC (“H.I.G.”), a leading global alternative investment firm with $57 billion of equity capital under management, is pleased to announce that its portfolio company, Grupo Ransa (“Ransa” or the “Company”), a leading third-party logistics (“3PL”) player in Latin America with operations in eight countries and 35 cities, has completed a merger with Transportes Centroamericanos del Futuro (“TCF”).

Key Points: 
  • Capital, LLC (“H.I.G.”), a leading global alternative investment firm with $57 billion of equity capital under management, is pleased to announce that its portfolio company, Grupo Ransa (“Ransa” or the “Company”), a leading third-party logistics (“3PL”) player in Latin America with operations in eight countries and 35 cities, has completed a merger with Transportes Centroamericanos del Futuro (“TCF”).
  • TCF serves over 13 ports in the region and performs over 180,000 cargo movements per year among ports, distribution centers, and warehouses.
  • The Ransa and TCF merger creates a leading end-to-end logistics platform in Latin America, covering the entire logistics chain from the port to the warehouse and the end customer.
  • The union between Ransa and TCF empowers us to provide our clients with a comprehensive, scalable and unique value proposition in the market."

H.I.G. Capital Acquires CLC Group Limited

Retrieved on: 
Wednesday, June 28, 2023

Capital, LLC (“H.I.G.”), a leading global alternative investment firm with $56 billion of equity capital under management, is pleased to announce that one of its affiliates has acquired CLC Group Limited (“CLC” or the “Company”), a leading UK provider of property and asset refurbishment, from its owner, the Armitage Family Trust.

Key Points: 
  • Capital, LLC (“H.I.G.”), a leading global alternative investment firm with $56 billion of equity capital under management, is pleased to announce that one of its affiliates has acquired CLC Group Limited (“CLC” or the “Company”), a leading UK provider of property and asset refurbishment, from its owner, the Armitage Family Trust.
  • The Armitage Family Trust and CLC management will reinvest in the Company alongside H.I.G.
  • CLC provides refurbishment, electrical, and fire protection services to clients in the social housing, local government, defence, hospitality, and utilities end-markets.
  • Peter Armitage, Non-Executive Chairman of CLC, remarked, “We are proud of what CLC has achieved to date which has been built on delivering exceptional client service.

H.I.G. Capital Expands its Senior Infrastructure Team with the Addition of John Bruen

Retrieved on: 
Tuesday, June 27, 2023

Capital (“H.I.G.”), a leading global alternative investment firm with $56 billion of equity capital under management, is pleased to announce the expansion of its dedicated infrastructure team with the addition of John Bruen.

Key Points: 
  • Capital (“H.I.G.”), a leading global alternative investment firm with $56 billion of equity capital under management, is pleased to announce the expansion of its dedicated infrastructure team with the addition of John Bruen.
  • John has over 20 years of both investment and operating experience in the infrastructure industry.
  • Infrastructure is focused on value-added infrastructure investment opportunities in the underserved middle market segment.
  • John complements the existing team well, deepening our expertise in transport and transport-related areas.”

H.I.G. Capital Completes Recapitalization of Advanced Dental Brands

Retrieved on: 
Monday, June 26, 2023

"), a leading global alternative investment firm with $56 billion of equity capital under management, is pleased to announce that one of its affiliates has completed a significant growth investment in Advanced Dental Brands, LLC (“ADB” or the “Company”).

Key Points: 
  • "), a leading global alternative investment firm with $56 billion of equity capital under management, is pleased to announce that one of its affiliates has completed a significant growth investment in Advanced Dental Brands, LLC (“ADB” or the “Company”).
  • “We are excited to partner with Dr. Miller and Advanced Dental Brands’ outstanding network of dental practices,” said Camilo E. Horvilleur, Managing Director at H.I.G.
  • Capital,” said Dr. Richard Miller, founder & Executive Chairman of Advanced Dental Brands.
  • Cantor Fitzgerald & Co. served as financial advisor, and Eskow Law Group, LLC served as legal counsel to Advanced Dental Brands.