H.I.G. Capital Acquires Avient's Distribution Business, Creating Formerra

H.I.G. Capital to Acquire Majority Stake in TERRAS Group

July 7, 2026

Industrial Services

H.I.G. Capital, through an affiliate, has entered into a definitive agreement to acquire a majority stake in TERRAS Group. TERRAS co-founders Dr. Dirk Sojka and Ralf Sojka will reinvest alongside H.I.G. as part of the transaction.

H.I.G. Capital Takes Majority Stake in Avanta Salud Integral

August 21, 2025

Healthcare Services

H.I.G. Capital, through one of its affiliates, entered into a definitive agreement to take a majority stake in Avanta Salud Integral, an occupational health and safety (OHS) services provider headquartered in Valencia, Spain. Avanta’s founder Josep Pla and minority investor MCH Private Equity will reinvest alongside H.I.G. for minority ownership, with senior management continuing to lead the company.

Ares Management and Partners Acquire Majority Stake in Form Technologies

January 21, 2025

Manufacturing

Ares Management funds have acquired a majority of Form Technologies' common equity as part of a financing package that injected approximately $304 million of new equity to deleverage the company and support strategic growth. The capital—$154 million of common equity from Ares, the D. E. Shaw group and Onex Credit, plus $150 million of preferred equity from the D. E. Shaw group and Ripple Industries—will fund investments in operational capabilities and commercial expansion across Form Technologies' global manufacturing footprint.

Formerra (H.I.G. Portfolio) Acquires Suministro de Especialidades

November 7, 2023

Industrial Services

Formerra, a portfolio company of H.I.G. Capital, has acquired Suministro de Especialidades, a Mexico City-based distributor of elastomers, adhesives, resins and performance additives. The add-on expands Formerra's product adjacencies and strengthens its Mexican presence with in-country formulation support and a combined technical sales team focused on the region.

Formerra (H.I.G. Capital portfolio company) Acquires Total Polymer Solutions

April 4, 2023

Industrial Services

Formerra, a portfolio company of H.I.G. Capital, has acquired Total Polymer Solutions (TPS), a distributor of polymer materials with a market presence in Ireland and the United Kingdom. The add-on deal strengthens Formerra's healthcare materials distribution footprint in Europe and brings TPS's founders into the Formerra team as continuing investors.

H.I.G. Capital Invests in Construction Forms, Inc.

September 22, 2020

Manufacturing

An affiliate of H.I.G. Capital has made a strategic investment in Construction Forms, Inc. (Con Forms), partnering with the company's family shareholders and existing management to support and accelerate organic and inorganic growth. Con Forms, headquartered in Port Washington, Wisconsin, is a manufacturer of abrasion-resistant piping systems and accessories for concrete pumping and industrial end markets with manufacturing operations in the U.S. and Germany.