H.I.G. Capital Acquires CPS Building Services Limited

H.I.G. Capital Acquires Phoenix ME Limited

August 14, 2026

Industrial Services

H.I.G. Capital, through an affiliate, has completed the acquisition of Phoenix ME Limited, a UK-based provider of integrated mechanical & electrical engineering services. Phoenix’s founder and CEO Lee Compton will reinvest alongside H.I.G., while the existing management team remains in place and Jim Arnold joins as Chairman to support Phoenix’s next phase of growth.

H.I.G. Capital Acquires Rainham Industrial Services

October 22, 2024

Industrial Services

H.I.G. Capital, through one of its affiliates, has acquired Rainham Industrial Services Limited, a UK provider of industrial installation, maintenance and refurbishment services. Rainham's executive management will reinvest and remain in place; H.I.G. intends to support growth through expansion of services and selective add-on acquisitions across power generation, energy-from-waste, nuclear and manufacturing end markets.

H.I.G. Capital Completes Growth Investment in Ascension Property Services

July 25, 2024

HVAC & Mechanical

H.I.G. Capital (through an affiliate) has completed a growth investment in Ascension Property Services (APS), a Tennessee-headquartered provider of mechanical, electrical and plumbing (MEP) services for commercial and industrial properties. The investment will support APS's organic and acquisition-driven growth, expand its service offerings and target new geographies across the southern U.S.

H.I.G. Capital Acquires CLC Group Limited

June 28, 2023

Construction

An affiliate of H.I.G. Capital has acquired CLC Group Limited from the Armitage Family Trust, with the Armitage family trust and CLC management reinvesting alongside H.I.G. The UK-based property and asset refurbishment provider operates roughly 15 branches and offers refurbishment, electrical and fire protection services to social housing, local government, defence, hospitality and utilities clients; H.I.G. intends to support service and geographic expansion and pursue add-on acquisitions.

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 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.