H.I.G. Capital Completes Growth Investment in Load One

H.I.G. Capital Completes Acquisition of CargoTuff

February 6, 2026

Industrial Services

H.I.G. Capital, through an affiliate, completed the acquisition of CargoTuff, a manufacturer and distributor of load securement products used to prevent load shifting and reduce freight damage across rail, ocean, truck, and intermodal shipping. CargoTuff’s management team led by Co-CEOs Helmut Elze and Selim Akdoğan will remain in place, with H.I.G. supporting continued investment in growth and expansion of product capabilities and global manufacturing footprint.

H.I.G. Capital Acquires Majority Stake in A.L.A. S.p.A.

October 21, 2025

Aerospace & Defense

H.I.G. Capital has completed the acquisition of a majority stake in A.L.A. S.p.A., an Italy‑based provider of mission‑critical logistics and distribution services to aerospace and defense manufacturers. The founding families, including co‑founders Fulvio Scannapieco and Vittorio Genna, will retain a significant minority stake as H.I.G. partners with the management to accelerate ALA's growth and strengthen its global supply‑chain position.

Load One Acquires Tri-State Expedited Service

October 23, 2024

Transportation

Load One has acquired Tri-State Expedited Service, a Millbury, Ohio-based provider of expedited ground transportation and logistics, to expand its North American expedited network and capacity. Terms were not disclosed; the deal brings Tri-State's company trucks and owner-operator network into Load One's platform to better serve time-critical, cross-border and high-value freight.

H.I.G. Capital Acquires Ascent Global Logistics

August 22, 2023

Logistics & Distribution

An affiliate of H.I.G. Capital has signed a definitive agreement to acquire Ascent Global Logistics from affiliates controlled by Elliott Investment Management. Ascent's management team and Elliott will retain minority stakes; H.I.G. said it will support Ascent's growth by investing in technology, broadening capabilities, expanding global reach and enhancing its carrier network.

H.I.G. Capital Completes Recapitalization of Health Network One

October 7, 2021

Healthcare Services

H.I.G. Capital completed a recapitalization of Health Network One, a Ft. Lauderdale-based provider of specialty benefit management and provider network services for health insurers. The investment will support platform investment, capability enhancement, and accelerated growth organically and through M&A.

H.I.G. Capital Acquires Majority Stake in Capstone Logistics from The Jordan Company

October 21, 2020

Logistics & Distribution

H.I.G. Capital agreed to acquire a majority stake in Capstone Logistics, a Peachtree Corners, Georgia–based third‑party logistics provider, from an affiliate of The Jordan Company. Capstone’s management, led by CEO Steve Taylor, will remain shareholders and TJC will retain a minority stake and reinvest; the deal is positioned to accelerate Capstone’s organic growth and acquisition strategy.