H.I.G. Capital to Acquire Spheros (Valeo Thermal Commercial Vehicles Division)

H.I.G. Capital Acquires Segers Aero Corporation

April 9, 2024

Aerospace & Defense

H.I.G. Capital, through an affiliate, has completed the acquisition of Segers Aero Corporation, an FAA-certified provider of engine, accessory and propeller MRO services for C-130 and similar aircraft. H.I.G. will partner with Segers' existing management to invest in capacity and capabilities to support continued growth and expanded service offerings to military operators, OEMs and cargo carriers.

Greater Sum Ventures Leads Majority Investment in Vehlo

June 6, 2022

Cloud & SaaS

Greater Sum Ventures (GSV) led a majority strategic growth investment in Vehlo, joined by existing investors PSG, HarbourVest Partners and Parkwood, and new investor Lightyear Capital. The financing will support Vehlo’s product innovation, customer success initiatives and additional add-on acquisitions as it expands its cloud-based software and fintech solutions for the automotive repair industry.

Helios Technologies Acquires NEM S.r.l.

July 12, 2021

Manufacturing

Helios Technologies (Nasdaq: HLIO) completed the acquisition of NEM S.r.l., an Italian hydraulic solutions and valve manufacturer. The deal expands Helios' electro-hydraulic product offering, deepens its presence in Europe (Emilia-Romagna) and adds capability to serve OEMs across material handling, construction, industrial vehicle and agricultural markets.

H.I.G. Capital Acquires Terra Millennium Corporation

May 26, 2022

Industrial Services

H.I.G. Capital (through an affiliate) signed a definitive agreement to acquire Terra Millennium Corporation, a national provider of outsourced industrial maintenance services headquartered in Salt Lake City, Utah. The transaction — previously backed by Court Square Capital Partners — positions Terra Millennium to accelerate geographic expansion, broaden its service offerings and pursue add-on acquisitions under H.I.G.'s ownership; the deal was expected to close in Q2 2022.

H.I.G. Capital Acquires Celerion

November 3, 2022

Healthcare Services

H.I.G. Capital (through an affiliate) completed the acquisition of Celerion Holdings, Inc., a global clinical research organization headquartered in Lincoln, Nebraska. Celerion provides end-to-end early-stage clinical trial and bioanalytical services to pharmaceutical and biotechnology clients; H.I.G. said the investment expands its pharma services platform and supports Celerion's growth plans.

Boston Scientific Acquires Vertiflex from H.I.G. BioHealth Partners

June 18, 2019

Medical Devices

Boston Scientific acquired Vertiflex, Inc., a Carlsbad-based developer of the Superion interspinous spacer for lumbar spinal stenosis, for approximately $465 million in cash plus contingent payments. The transaction was announced in May 2019 and completed in June 2019; Vertiflex had been backed by H.I.G. BioHealth Partners.