H.I.G. Capital Acquires Majority Stake in Mobileum from Audax Private Equity

H.I.G. Growth Partners Acquires Mobile Health

June 17, 2024

Healthcare Services

H.I.G. Growth Partners, the growth capital affiliate of H.I.G. Capital, has completed the acquisition of Mobile Health Consumer, Inc., an end-to-end digital health, wellness, and virtual care SaaS platform. Mobile Health serves more than 4.5 million lives and 90,000+ customers; H.I.G. Growth will partner with management to scale the platform, expand capabilities, and accelerate adoption through channel partners and direct-to-employer deployments.

Mobileum Inc. Acquires Developing Solutions

June 22, 2021

Telecommunications

Mobileum Inc., a PE-backed telecom analytics and testing company, has acquired Developing Solutions, a Dallas–Fort Worth metroplex-based provider of network testing software (dsTest) for 3G/4G/5G and IMS. The deal is an add-on to Mobileum’s platform to expand its end-to-end testing, 5G core emulation and CI/CD test automation capabilities and to strengthen its engineering expertise.

H.I.G. Capital Makes Growth Investment in Cleo Communications

June 9, 2021

Cloud & SaaS

H.I.G. Capital made a significant growth investment in Cleo Communications, a Rockford, Illinois–headquartered provider of ecosystem integration SaaS; terms were not disclosed. The investment will support Cleo's continued product development and market expansion as the company scales its Cleo Integration Cloud platform across manufacturing, wholesale & distribution, and logistics end-markets.

H.I.G. Capital Acquires Hibu Group (USA), Inc.

March 26, 2021

Marketing & Advertising

An affiliate of H.I.G. Capital has signed a definitive agreement to acquire Hibu Group (USA), Inc., a Cedar Rapids–based provider of integrated digital marketing services for small and medium-sized businesses. H.I.G. said the investment will support Hibu's next phase of growth and product innovation; the seller is Hibu Group Limited (UK).

Mobileum Inc. Acquires SIGOS

July 13, 2020

Telecommunications

Mobileum Inc., a PE-backed telecom analytics provider, has acquired SIGOS, a global leader in active end-to-end testing and monitoring for mobile networks. The deal brings together SIGOS' extensive roaming, interconnection testing and fraud/revenue-assurance capabilities with Mobileum's analytics platform to expand 5G and IoT testing, security and service-quality offerings and broaden their global footprint.

H.I.G. Growth Partners Invests in MX Technologies (Series B)

June 26, 2019

Data & Analytics

H.I.G. Growth Partners led a growth investment in MX Technologies as part of the company's $100 million Series B financing to accelerate product development, partnerships and hiring. MX, a Lehi, Utah-based fintech data platform serving banks, credit unions and fintechs, reached more than 2,000 customers and will use the proceeds to expand its market reach and capabilities.