H.I.G. Capital Makes Equity Investment in The Bluebird Group

H.I.G. Growth Partners Invests in AgileBlue

May 22, 2025

Cybersecurity

H.I.G. Growth Partners (the growth-capital affiliate of H.I.G. Capital) has made a strategic growth investment in AgileBlue, an AI-powered Security Operations (SecOps) platform based in Cleveland, Ohio. The minority growth investment will fund AgileBlue's product innovation, go-to-market expansion, and operational scale to accelerate adoption among mid-market customers in financial services, healthcare, and manufacturing.

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).

The Bluebird Group Acquires 479 Sales & Marketing

May 5, 2022

Marketing & Advertising

The Bluebird Group, an H.I.G. Capital portfolio company, has acquired Bentonville-based 479 Sales & Marketing, a full-service retail services and omni-channel agency with deep Walmart and Sam's Club expertise. The acquisition expands Bluebird's Walmart capabilities and retail data/analytics offerings; all 479 employees will transition to Bluebird in Arkansas.

Hudson Hill Capital Acquires Majority Stake in Blue.cloud

March 2, 2022

Cloud & SaaS

Hudson Hill Capital made a majority equity investment in Tampa-based cloud digital transformation firm Blue.cloud at an enterprise value exceeding $100 million. The capital will be used to expand AI capabilities, pursue acquisitions, and scale the team as Blue.cloud builds on a 2021 run-rate of roughly $39 million and a global workforce of about 320 employees.

H.I.G. Capital Makes Growth Investment in Cleo Communications

June 9, 2021

Cloud & SaaS

H.I.G. Capital made a significant growth investment in Cleo Communications, a Rockford, Illinois–headquartered provider of ecosystem integration SaaS; terms were not disclosed. The investment will support Cleo's continued product development and market expansion as the company scales its Cleo Integration Cloud platform across manufacturing, wholesale & distribution, and logistics end-markets.

Carlyle and SK Capital Acquire bluebird bio

May 14, 2025

Biotechnology

Funds managed by The Carlyle Group and SK Capital Partners have completed a takeover of bluebird bio, taking the Somerville, Massachusetts-based gene therapy company private. The deal provides significant primary capital and a new management team led by David Meek to scale commercial delivery, expand manufacturing capacity, and stabilize bluebird's financial position following liquidity concerns.