H.I.G. Capital Makes Significant Investment in GT Independence

November 18, 2025

H.I.G. Capital completed a significant investment in GT Independence, a national provider of financial management services (FMS) for self-directed Medicaid participants. The transaction will support GT Independence’s continued geographic expansion and growth while CEO John Carmichael remains a significant shareholder and will continue to lead the company.

Buyers
H.I.G. Capital
Targets
GT Independence, LLC
Location
Michigan, United States
Transaction Type
Growth capital

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