H.I.G. Capital Acquires Penhall Company

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.

H.I.G. Capital Invests in Construction Forms, Inc.

September 22, 2020

Manufacturing

An affiliate of H.I.G. Capital has made a strategic investment in Construction Forms, Inc. (Con Forms), partnering with the company's family shareholders and existing management to support and accelerate organic and inorganic growth. Con Forms, headquartered in Port Washington, Wisconsin, is a manufacturer of abrasion-resistant piping systems and accessories for concrete pumping and industrial end markets with manufacturing operations in the U.S. and Germany.

Concrete Pumping Holdings Acquires Capital Pumping

March 18, 2019

Construction

Concrete Pumping Holdings, Inc. (Nasdaq: BBCP) agreed to acquire Capital Pumping, LP and its affiliates in an all-cash transaction to expand its footprint and scale in the fragmented Texas concrete-pumping market. The deal—expected to close in Q2 2019 and financed via equity/equity-linked securities and additional term loans—adds a well-run, family-owned Texas business with an efficient, young fleet and reported adjusted EBITDA of approximately $23 million for 2018.

High Street Capital Invests in Pinnacle Contracting Services

March 16, 2023

Construction

High Street Capital has made a platform investment in Pinnacle Contracting Services, a concrete foundation and finishing services provider headquartered in Kernersville, North Carolina. The firm will partner with Pinnacle's founder and management to execute a growth plan focused on expanding installation capacity, building HR depth, entering new geographies, and adding service offerings (including multi-family work). This marks High Street's eighth platform investment for Fund V.

H.I.G. Capital Acquires Polygon S.p.A.

March 8, 2023

Healthcare Services

H.I.G. Capital, through one of its affiliates, has acquired Polygon S.p.A., an Italy-based provider of integrated medical equipment management and maintenance services. The investment will support Polygon's growth and service expansion across hospitals in Italy and Spain, leveraging the company's technical expertise and existing management team.

H.I.G. Capital Acquires Terra Millennium Corporation

May 26, 2022

Industrial Services

H.I.G. Capital (through an affiliate) signed a definitive agreement to acquire Terra Millennium Corporation, a national provider of outsourced industrial maintenance services headquartered in Salt Lake City, Utah. The transaction — previously backed by Court Square Capital Partners — positions Terra Millennium to accelerate geographic expansion, broaden its service offerings and pursue add-on acquisitions under H.I.G.'s ownership; the deal was expected to close in Q2 2022.