H.I.G. Capital Acquires Time Manufacturing Company from The Sterling Group

Time Manufacturing Company Acquires France Elévateur

June 27, 2022

Manufacturing

H.I.G. Capital portfolio company Time Manufacturing Holdings, LLC has acquired France Elévateur, a France-based manufacturer of vehicle-mounted aerial platforms. The acquisition adds more than 450 employees, two manufacturing sites (France and Spain) and 15 service facilities, strengthening Time Manufacturing's European footprint and expanding its product and after-market service capabilities across utility, telecommunications and rental end markets.

Time Manufacturing Company (The Sterling Group) Acquires Ruthmann

February 15, 2021

Manufacturing

Time Manufacturing Company, a portfolio company of The Sterling Group, has acquired Ruthmann, a German manufacturer of truck-mounted aerial work platforms (brands include Ruthmann, Steiger, Ecoline and Bluelift). The deal is an add-on acquisition designed to expand Time’s product offerings and extend Ruthmann’s brands to Time’s broader global distribution network.

Hudson Hill Capital Acquires Majority Stake in MarketTime

December 5, 2023

Cloud & SaaS

Hudson Hill Capital has made a significant majority investment in MarketTime, a Dallas-based SaaS platform that automates wholesale retail commerce for brands, manufacturers, agencies, and retailers. The partnership will support product feature expansion (including payments capabilities) and go-to-market growth to accelerate customer adoption and GMV on the MarketTime platform.

H.I.G. Capital Acquires SMTC Corporation

April 5, 2021

Manufacturing

H.I.G. Capital completed the acquisition of SMTC Corporation, a publicly listed electronics manufacturing services (EMS) provider. H.I.G. said the partnership will enable SMTC to accelerate growth through investments in customers, capabilities and its operating footprint across the United States and Mexico.

H.I.G. Capital Makes Strategic Investment in TIMETOACT GROUP

March 3, 2025

IT Services

H.I.G. Capital affiliate has signed a definitive agreement to make a strategic growth investment in TIMETOACT GROUP. TIMETOACT's founders and key leadership will reinvest and retain a significant ownership stake as H.I.G. partners with management to accelerate the company's geographic expansion and service offering growth across cloud, AI, data and software engineering.

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.