H.I.G. Capital Acquires Synecore Limited and Meesons Futures Limited to Create the Andwis Group

H.I.G. Capital Acquires CPS Building Services Limited

September 1, 2022

Construction

H.I.G. Capital, through an affiliate, has acquired CPS Building Services Limited, a Cambridgeshire-based mechanical and electrical (M&E) installation and maintenance provider, from its founder; CPS' managing director Liam Connelly will reinvest and the existing management team will remain in place. H.I.G. plans to use CPS as the core of a technical building services platform and pursue add-on acquisitions to expand capabilities in fire protection, lifts, water & pumps, access and security, and compliance services.

Andwis Acquires Turnpower

September 24, 2024

Construction

Andwis has acquired London-based commercial property maintenance specialist Turnpower. Morphose Capital Partners advised Turnpower on the sale; the acquisition strengthens Andwis's Maintenance & Response capability and expands its client footprint across retail, healthcare, hospitality and social housing sectors in London and the Home Counties.

Synergos Acquires Austin Electric Services, Austin Concrete & Stone and Austin HVAC

September 23, 2020

Construction

Synergos acquired Austin Electric Services LLC, Austin Concrete & Stone LLC and Austin HVAC LLC (collectively "Austin Companies") to expand its family of residential construction trade partners in Arizona and further integrate electrical, concrete and HVAC capabilities for homebuilders. Leadership at the acquired companies remains unchanged and Ernst & Young Capital Advisors acted as exclusive financial advisor to Synergos' parent in the transaction.

H.I.G. Capital Affiliate Acquires Classic Lifts Limited

January 17, 2023

Industrial Services

An affiliate of H.I.G. Capital has acquired Classic Lifts Limited, a UK-based lift installation and maintenance provider. Management is reinvesting alongside H.I.G.; financial terms were not disclosed and H.I.G. intends to grow the business organically and via further M&A as part of a broader UK technical building services platform (following its acquisition of CPS).

H.I.G. Capital Completes Growth Investment in Ascension Property Services

July 25, 2024

HVAC & Mechanical

H.I.G. Capital (through an affiliate) has completed a growth investment in Ascension Property Services (APS), a Tennessee-headquartered provider of mechanical, electrical and plumbing (MEP) services for commercial and industrial properties. The investment will support APS's organic and acquisition-driven growth, expand its service offerings and target new geographies across the southern U.S.

Air Conditioning Innovative Solutions (ACIS) Acquires H.V.A.C. Team Mechanical Services

December 15, 2020

HVAC & Mechanical

Caltius Equity Partners portfolio company Air Conditioning Innovative Solutions (ACIS) has acquired H.V.A.C. Team Mechanical Services (Team Services), expanding ACIS's geographic footprint into the Austin, Texas MSA. The acquisition adds Team Services' HVAC maintenance and service capabilities to the ACIS platform and enables the introduction of plumbing services to Team Services' customers.