Prysmian and Fincantieri Joint Venture to Acquire Xtera from H.I.G. Capital

H.I.G. Capital Acquires Majority Stake in Infratech Bau GmbH

May 10, 2021

Infrastructure

An affiliate of H.I.G. Capital has signed a definitive agreement to acquire a majority stake in Infratech Bau GmbH, a Meppen-based general contractor that builds FTTH broadband networks across northern and western Germany. The founders will remain in management and retain a significant share; H.I.G. said it will support Infratech's nationwide growth organically and through selected acquisitions.

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.

HitecVision Acquires 50% Stake in Altibox Carrier from Lyse

July 8, 2025

Telecommunications

HitecVision has acquired a 50% ownership stake in Altibox Carrier, a subsidiary carved out from Lyse, to create an independent Nordic platform for high-capacity fiber infrastructure serving data centers and cloud providers. The joint venture will remain headquartered in Stavanger and will focus on developing existing subsea and terrestrial routes, building new strategic routes, and pursuing acquisitions of smaller Nordic fiber operators to meet rising data-traffic demand.

FusionLayer Acquires Omnitele to Expand Intelligent Network Capabilities

December 22, 2025

Telecommunications

FusionLayer has acquired Omnitele, bringing Omnitele’s PRIMEA/PRIVIA product line and RAN engineering and professional services into FusionLayer’s Intelligent Network portfolio. The deal integrates Omnitele’s mobile network analytics and optimization capabilities with FusionLayer’s DDI and Infinity EMS technologies to expand automation, performance intelligence, and RAN engineering services for operators globally.

H.I.G. Capital Completes Acquisition of Converge Technology Solutions and Merger with Mainline Information Systems to Form Pellera Technologies

April 22, 2025

IT Services

H.I.G. Capital completed its all-cash acquisition of Converge Technology Solutions Corp. and merged Converge with H.I.G. portfolio company Mainline Information Systems, LLC. The combined business was rebranded as Pellera Technologies, a technology partner focused on cybersecurity, cloud, digital infrastructure and AI.

H.I.G. Infrastructure Acquires EYSA Group

June 3, 2022

IT Services

H.I.G. Capital’s affiliate, led by the H.I.G. Infrastructure Partners fund, acquired EYSA Group, a smart mobility solutions provider. The deal was previously announced as subject to regulatory approvals and has now been completed. Terms were not disclosed.