Babylon Acquires Higi to Expand U.S. Digital Health Capabilities

H.I.G. Growth Partners Acquires Mobile Health

June 17, 2024

Healthcare Services

H.I.G. Growth Partners, the growth capital affiliate of H.I.G. Capital, has completed the acquisition of Mobile Health Consumer, Inc., an end-to-end digital health, wellness, and virtual care SaaS platform. Mobile Health serves more than 4.5 million lives and 90,000+ customers; H.I.G. Growth will partner with management to scale the platform, expand capabilities, and accelerate adoption through channel partners and direct-to-employer deployments.

Babylon Acquires DayToDay Health

January 19, 2022

Healthcare Services

Babylon has completed its acquisition of DayToDay Health to integrate DayToDay's digital-first pre- and post-operative care programs and clinical services into Babylon's value-based care offering. DayToDay, founded in 2018 and headquartered in Boston, will join Babylon's team to scale its platform and leverage Babylon's AI and virtual clinical operations to improve recovery outcomes and reduce rehospitalizations.

H.I.G. Capital Acquires Hibu Group (USA), Inc.

March 26, 2021

Marketing & Advertising

An affiliate of H.I.G. Capital has signed a definitive agreement to acquire Hibu Group (USA), Inc., a Cedar Rapids–based provider of integrated digital marketing services for small and medium-sized businesses. H.I.G. said the investment will support Hibu's next phase of growth and product innovation; the seller is Hibu Group Limited (UK).

M&B Sciences Inc Acquires Clara Health

March 1, 2022

Healthcare Services

M&B Sciences Inc, a San Diego–based technology-driven clinical research organization, acquired Clara Health of San Francisco on March 1, 2022. The acquisition brings Clara Health’s patient recruitment and retention technology (the Clara Platform) into M&B’s NeighborhoodTrials.com ecosystem to expand decentralized and hybrid trial capabilities and improve access and diversity in clinical trials; financial terms were not disclosed.

H.I.G. Capital Acquires Health-E Commerce from BPOC

June 18, 2024

E-Commerce

An affiliate of H.I.G. Capital has completed the acquisition of Health-E Commerce, the Dallas-based e-commerce retailer operating FSAstore.com, HSAstore.com and the Caring Mill private label. The majority stake in Health-E Commerce was previously held by BPOC (since 2019); H.I.G. will partner with management to expand product selection, telehealth services and technology integrations with third-party administrators to drive growth.

H.I.G. Capital Completes Recapitalization of Health Network One

October 7, 2021

Healthcare Services

H.I.G. Capital completed a recapitalization of Health Network One, a Ft. Lauderdale-based provider of specialty benefit management and provider network services for health insurers. The investment will support platform investment, capability enhancement, and accelerated growth organically and through M&A.