An investor group led by Littlejohn & Co., a US-based private equity company, has acquired a majority stake in Lipari Foods from alternative assets investment firm H.I.G. Capital in a transaction for an undisclosed amount. The Lipari family along with the company’s management, Sterling Investment Partners, and H.I.G. Capital will continue as minority investors in […]
H.I.G. Capital has acquired a controlling stake in Northern Biogas, a waste-to-renewable natural gas company based in West Virginia that specializes in developing renewable natural gas facilities (RNG facilities). The financial terms of the deal were not disclosed. Ed Pallesen — H.I.G. Infrastructure Co-head said: “We have a strong commitment to facilitating the transition to […]
H.I.G. Capital said that one of its affiliates has closed the acquisition of Watchfire Signs, an Illinois-based manufacturer of digital signage. The financial terms of the deal were not disclosed by the global alternative investment firm. Watchfire Signs caters to a diverse base of local sign dealers, large national accounts, and independent billboard operators with […]
Time Manufacturing Holdings, a portfolio company of H.I.G. Capital, has acquired France Elévateur (FE Group), a French manufacturer of vehicle-mounted aerial platforms. Established in 1984, France Elévateur caters to customers in several trades such as electric utility, public lighting, telecommunications, rail networks, roofing, and other fields that need access solutions. France Elévateur has a couple […]
H.I.G. Capital said that one of its affiliates has agreed to acquire Terra Millennium, a US-based provider of outsourced industrial maintenance services, from Court Square Capital Partners. The financial terms of the deal were not disclosed. Established in 1906, the Salt Lake City-based Terra Millennium is engaged in providing mission-critical industrial services. These include mechanical […]
Alternative investment firm H.I.G. Capital said that one of its affiliates has wrapped up the previously announced acquisition of Pixelle Specialty Solutions, a provider of fiber-based specialty solutions in North America, from private investment firm Lindsay Goldberg. The financial terms of the deal were not disclosed. Pixelle Specialty Solutions was formed by Lindsay Goldberg in […]
H.I.G. Capital said that one of its affiliates has purchased a majority stake in Berardi Bullonerie, an Italian distributor of fasteners and supplier of integrated logistics services, for an undisclosed price. Established in 1919, Berardi Bullonerie has 14 warehouses in Italy in addition to commercial offices in Croatia and Morocco. Raffaele Legnani — H.I.G. Capital […]
ALTIVIA, a Texas-based chemical manufacturer, has divested its water treatment chemical business to USALCO, a portfolio company of global alternative assets investment firm H.I.G. Capital. The financial terms of the deal were not disclosed. The water treatment business involved in the deal includes ferric and ferrous sulfate production facilities in Houston. J. Michael Jusbasche — […]
H.I.G. Capital said that one of its affiliates has signed a deal worth around £325 million to acquire the plumbing and heating business of Travis Perkins. Based in the UK, Travis Perkins is a buildings’ materials retailer. Its plumbing and heating business operates under its main trading brands – City Plumbing Supplies (CPS) and Plumbing […]
Florida-based private equity firm H.I.G. Capital said that one of its affiliates has agreed to acquire St. Croix Hospice from Vistria, for an undisclosed price. St. Croix Hospice is a provider of hospice services across six contiguous states in the midwestern US. Founded in 2008, the company is based in Oakdale, Minnesota. H.I.G. Capital will […]