H.I.G. Capital Makes Growth Investments in Action Packaging and Signature Flexible Packaging

H.I.G. Capital Makes Strategic Investment in TIMETOACT GROUP

March 3, 2025

IT Services

H.I.G. Capital affiliate has signed a definitive agreement to make a strategic growth investment in TIMETOACT GROUP. TIMETOACT's founders and key leadership will reinvest and retain a significant ownership stake as H.I.G. partners with management to accelerate the company's geographic expansion and service offering growth across cloud, AI, data and software engineering.

H.I.G. Growth Makes Growth Equity Investment in Carebox

November 18, 2024

Healthcare Services

H.I.G. Growth Partners completed a significant growth equity investment in Carebox to help scale the company’s AI-driven clinical trial matching platform, CareboxConnect. The capital will support product and commercial expansion to connect more patients and physicians with relevant clinical trials and deepen partnerships with life sciences firms and research organizations.

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 Affiliate Acquires Family Entertainment Group

July 21, 2022

Restaurants & Hospitality

H.I.G. Capital, through one of its affiliates, has completed the acquisition of Family Entertainment Group Holdings, LLC. The Itasca, Illinois–based company operates nearly 60 family entertainment locations and provides turnkey outsourced arcade and facility management services; H.I.G. will partner with founder George Smith and the existing management team to accelerate growth and expand the company's market presence.

Action Packaging and Signature Flexible Packaging Acquire Techflex Packaging; Rebrand as DazPak Flexible Packaging

March 9, 2022

Packaging

Action Point, Inc. (Action Packaging) and Signature Flexible Packaging, an H.I.G. Capital portfolio company, acquired Techflex Packaging, a Gardena, California pouch converter, and integrated Techflex (and Chromatic Label) into a newly rebranded platform called DazPak Flexible Packaging. The transaction expands the combined company's flexible packaging capabilities on the U.S. West Coast and broadens its product offering for food, medical, pet food and nutraceutical customers across North America.

Signature Action Packaging Acquires Chromatic Productions, Inc.

July 22, 2021

Packaging

Signature Action Packaging (SAP), a flexible-packaging platform backed by H.I.G. Capital, has acquired Irvine-based Chromatic Productions, Inc. SAP appointed John Attayek as CEO and said the deal expands its West Coast capabilities in flexible packaging, shrink sleeves and pressure-sensitive labels, strengthening its product offering for food, beverage, nutraceutical and cosmetic customers. The transaction brings Chromatic’s team and regional production capabilities into SAP to provide greater scale and a fuller service set to customers.