Mistras Group sale to affiliates of H.I.G. Capital

The Marygold Companies sale to affiliates of Madison Dearborn Partners

October 3, 2026

Healthcare Services

The Marygold Companies, Inc. (MGLD) is involved in a proposed sale to affiliates of Madison Dearborn Partners. The announcement states that Marygold shareholders are expected to receive $2.00 in cash per share, and that the inquiry is focused on whether the deal is fair.

H.I.G. Capital to Acquire MISTRAS Group for Approximately $866 Million

September 18, 2026

Industrial Services

H.I.G. Capital affiliates agreed to acquire MISTRAS Group in an all-cash transaction with an enterprise value of approximately $866 million, including outstanding debt. MISTRAS shareholders will receive $20.35 per share; the transaction is expected to close in late 2026 or early 2027, subject to shareholder and regulatory approvals.

H.I.G. Capital to Acquire Majority Stake in TERRAS Group

July 7, 2026

Industrial Services

H.I.G. Capital, through an affiliate, has entered into a definitive agreement to acquire a majority stake in TERRAS Group. TERRAS co-founders Dr. Dirk Sojka and Ralf Sojka will reinvest alongside H.I.G. as part of the transaction.

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.

H.I.G. Capital Affiliate to Acquire Terra Millennium Corporation

May 26, 2022

Industrial Services

H.I.G. Capital (via one of its affiliates) has signed a definitive agreement to acquire Terra Millennium Corporation, a national provider of outsourced industrial maintenance services. Terra Millennium’s executive team, led by CEO Bryan Young, will continue to lead the company and remain as significant shareholders, and the deal is expected to close in Q2 2022.

H.I.G. Capital Affiliate Acquires DGS S.p.A.

September 11, 2020

IT Services

An affiliate of H.I.G. Capital (via H.I.G. Europe) has acquired a controlling stake in DGS S.p.A., an Italian IT systems integrator and cybersecurity specialist based in Rome. The investment will support DGS’s next phase of development — pursuing organic growth and targeted acquisitions while founders Vincenzo Fiengo and Salvatore Frosina reinvest and remain in management.