H.I.G. Infrastructure Acquires North America Central School Bus

H.I.G. Capital Acquires Northwest Pump and Equipment Co.

November 22, 2024

Industrial Services

H.I.G. Capital, through an affiliate, has completed the acquisition of Northwest Pump and Equipment Co., a distributor and service provider to fueling stations, EV charging infrastructure and other industrial customers across the Western United States. The company, founded in 1959, operates approximately 20 branch locations with ~350 employees and serves nearly 6,000 customers; H.I.G. intends to support organic and inorganic growth to expand product and service offerings and geographic density.

First Student Acquires Mid States School Bus

March 18, 2021

Transportation

First Student agreed to acquire Mid States School Bus, a Wayne, Nebraska-based provider of school and charter transportation that operates roughly 200 buses across eastern Nebraska and South Dakota. The acquisition expands First Student's Midwestern footprint; Mid States' general manager Dean Carroll will remain in a leadership role. Terms were not disclosed.

First Student Acquires Apple Bus Company

February 24, 2022

Transportation

First Student, a Cincinnati-based student transportation operator backed by EQT Infrastructure, has signed a purchase agreement to acquire Apple Bus Company, a Cleveland, Missouri-headquartered provider of school and charter transportation. The deal, announced by seller Great Range Capital, expands First Student’s geographic footprint and fleet; the transaction is expected to close by summer 2022 with terms not disclosed.

H.I.G. Infrastructure Acquires Controlling Interest in Northern Biogas

September 20, 2022

Renewable Energy

H.I.G. Capital’s infrastructure arm, H.I.G. Infrastructure, has acquired a controlling interest in Northern Biogas, a Morgantown, West Virginia–based waste-to-renewable natural gas company that develops, builds, owns and operates anaerobic digester and RNG facilities. The investment will support Northern Biogas’ development pipeline of dairy, landfill and food-waste RNG projects across the U.S. as the company scales its construction, operations and service capabilities.

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.

Student Transportation of America Acquires Multiple Regional Bus Operators

January 23, 2025

Transportation

Student Transportation of America (STA) completed a series of add-on acquisitions of regional school and charter bus operators across the U.S., increasing STA’s annual revenue by more than $70 million, adding over 1,000 employees and nearly 900 vehicles. The acquired operators include Visconti Bus Service, VW Trans, Birnie Bus Service and Birnie Transit, Desert Choice Transport, West Point Tours, Brandt Buses, and Assist-to-Transport, which will be integrated to expand STA’s national footprint and service capabilities.