H.I.G. Europe Acquires Standard Hidraulica from Aalberts

H.I.G. Capital Affiliate Acquires Standard Hidraulica

December 14, 2021

Building Products

H.I.G. Capital, through an affiliate of its European arm, has completed the acquisition of Standard Hidraulica (STH), a Spain‑based manufacturer of plumbing supplies and bathroom/kitchen taps formerly part of Aalberts N.V. H.I.G. said it will support STH’s transition to an independent company and pursue organic and inorganic growth while leading consolidation across STH’s core markets.

Standard Iron Acquires Helgesen Industries

August 5, 2024

Manufacturing

Standard Iron, a heavy metal fabricator majority-owned by Owner Resource Group, has acquired Helgesen Industries, a manufacturer of fluid conditioning tanks and other engineered fabrications. The deal — an add-on to Standard Iron's platform — expands manufacturing capabilities and geographic footprint (Helgesen operates in Wisconsin, Poland and Brazil) and closed on August 2, 2024.

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.

Unibloc Pump Acquires Standard Pump

January 5, 2022

Manufacturing

Unibloc Pump, a May River Capital portfolio company, has acquired Standard Pump, a Duluth, Georgia manufacturer of sanitary and industrial process pumps. The acquisition expands Unibloc's hygienic flow control product offering, in-house fabrication capabilities, and distribution reach across food & beverage, pharmaceutical, chemical, and other process manufacturing end markets.

Hyatt Hotels Corporation Acquires Standard International

August 21, 2024

Restaurants & Hospitality

Hyatt Hotels Corporation announced it will acquire the brands and most affiliates of Standard International, the parent company of The Standard and Bunkhouse Hotels, forming a new dedicated lifestyle group headquartered in New York City. The asset-light transaction covers management, franchise and license contracts for 21 open hotels (about 2,000 rooms) and includes a $150 million base purchase price with up to $185 million of contingent consideration.

H.I.G. Europe (H.I.G. Capital affiliate) Acquires Majority Stake in Metalprint

July 1, 2019

Manufacturing

An affiliate of H.I.G. Capital’s European arm, H.I.G. Europe, has acquired a controlling stake in Metalprint from the founding Strazzari and Cerutti families, who reinvested in the business. Metalprint, based in Calcinato (Brescia), Italy, is a global manufacturer of forged brass and aluminium components with production in Italy and Canada; H.I.G. will support management’s growth and internationalization plans.