H.I.G. Capital Acquires Rainham Industrial Services

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.

H.I.G. Capital to Acquire Travis Perkins Plc's Plumbing & Heating Business

May 20, 2021

Building Products

H.I.G. Capital has signed a definitive agreement to acquire Travis Perkins Plc's Plumbing & Heating business (P&H) in a divestiture valued at approximately £325 million. The carved-out business, which trades under City Plumbing Supplies and Plumbing Trade Solutions and operates more than 350 branches across the UK and Ireland with over 3,000 employees, will be transitioned to an independent company to accelerate customer-focused growth under H.I.G.'s ownership.

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.

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 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 DX Group plc

January 29, 2024

Logistics & Distribution

H.I.G. Capital has completed a public-to-private acquisition of DX Group plc (formerly AIM-listed) for an aggregate consideration of £307 million. The acquisition gives H.I.G. control of the UK-based last-mile delivery and logistics provider DX, which operates across the United Kingdom and Ireland and will be supported to accelerate growth across its IDW, 2-Man, logistics and express parcels divisions.