Ultra Clean Holdings Acquires HIS Innovations Group

H.I.G. Capital Acquires ITH Group Limited

June 13, 2025

Healthcare Services

H.I.G. Capital (via an affiliate) has completed the acquisition of ITH Group Limited, a UK-based provider of aseptic pharmaceutical compounding services. Financial terms were not disclosed; ITH's founders Adam Bloom and Karen Hamling will remain in management as H.I.G. supports organic growth and increased production capacity.

UST Acquires Accrete Hitech Solutions

February 3, 2022

IT Services

UST, a digital transformation and product engineering services provider, has acquired Accrete Hitech Solutions, a consulting and outsourcing firm focused on hi-tech, semiconductor, and networking engineering and IT services. The deal expands UST's digital product engineering capabilities and adds Accrete's engineering talent and regional delivery footprint (U.S., India, Singapore) to UST's global portfolio.

Tescan Group Acquires FemtoInnovations

September 22, 2025

Manufacturing

Tescan Group has acquired FemtoInnovations, a UConn startup specializing in ultrafast laser systems, and will create a Laser Technology Business Unit (LT BU) headquartered at the University of Connecticut Tech Park. The deal adds laser micromachining and imaging/analysis capabilities to Tescan's correlative and multimodal portfolio to serve semiconductor, biomedical device manufacturing, and advanced research markets.

Siemens Acquires UltraSoC Technologies

June 23, 2020

Software

Siemens has signed an agreement to acquire Cambridge, UK–based UltraSoC Technologies Ltd., a provider of embedded instrumentation and analytics for system-on-chip (SoC) monitoring, cybersecurity and functional safety. Siemens will integrate UltraSoC into its Xcelerator portfolio within the Tessent product suite to create a unified design-for-lifecycle management solution; the deal is expected to close in Siemens' fiscal Q4 2020 and terms were not disclosed.

H.I.G. Capital Acquires Majority Stake in Virutex Ilko

June 3, 2022

Consumer Products

H.I.G. Capital, through an affiliate, has acquired a majority stake in Virutex Ilko, a leading Chilean manufacturer of cleaning products and kitchenware. The founding shareholders and Virutex's senior management, led by CEO Juan Martin Monsalve, remain significant shareholders and will continue to run the business as H.I.G. supports the company's regional growth and brand expansion.

Eaton Acquires Ultra PCS Limited from Cobham Ultra Group for $1.55 Billion

January 24, 2026

Aerospace & Defense

Eaton has completed the acquisition of Ultra PCS Limited from the Cobham Ultra Group for $1.55 billion. The deal brings Ultra PCS’s electronic controls, sensing, stores-ejection and data-processing solutions into Eaton’s Aerospace portfolio to expand capability in mission-critical aerospace and defense systems and is expected to be accretive to Eaton’s Aerospace margins and growth.