H.I.G. Capital Affiliate Acquires Avove Limited

H.I.G. Capital Affiliate Acquires Inventus Power

April 15, 2026

Industrial Services

H.I.G. Capital, through one of its affiliates, completed the acquisition of Inventus Power, a global provider of advanced lithium-ion battery and power systems. Inventus Power is headquartered in Woodridge, Illinois, and designs and manufactures customized battery solutions and power systems for OEMs serving military/aerospace, medical, industrial/fleet, and consumer end markets.

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.

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 to Acquire CGH Group

July 4, 2024

Manufacturing

H.I.G. Capital (via an affiliate) has signed a definitive agreement to acquire CGH Group S.A., a manufacturer of large, engineered storage tanks and tank accessories serving EMEA. The deal is subject to antitrust clearance and will support CGH’s growth plans including geographical expansion, product extension, and additional production capacity.

Rubicon Partners Acquires Avove

April 12, 2022

Industrial Services

Rubicon Partners has acquired the utilities business, now operating as Avove, in a carve-out transaction completed on 12 April. The stand‑alone business provides water and power maintenance services to customers including Yorkshire Water and Severn Trent; Rubicon has retained the existing management team, appointed Mark Perkins as Executive Chairman, and intends to grow the business leveraging its experience in water, energy and power sectors.

Holland Services (H.I.G.-backed) Acquires Assets of AED Group

March 10, 2014

Oil & Gas

Holland Services, a portfolio company of H.I.G. Capital, has completed the acquisition and merger of certain assets from AED Group. The deal expands Holland's technology-driven land services platform and establishes a stronger presence in the Western United States while adding complementary capabilities and blue-chip clients.