Global alternative investment firm with middle market private equity funds

H.I.G. Capital

At a glance

Assets under management$75B (as of Oct 2026) S1
Latest fundH.I.G. Capital Partners VII, $2B (Oct 2024) S7
Revenue rangeUp to $1B S3
Deal typesPlatform, Add-on, Minority, Growth S4
SectorsIT Services & MSP, Healthcare Services, Industrial & Manufacturing, Accounting & Professional Services, Construction Services, Distribution

What H.I.G. Capital buys

H.I.G. Capital is a Miami firm founded in 1993 that reports $75 billion of capital under management across private equity, credit, real estate and infrastructure. This profile covers its U.S. private equity funds, which buy control of middle market companies in business services, technology and IT services, healthcare, industrials, consumer and chemicals. Its criteria page points to companies with up to $1 billion of revenue, and its About page cites enterprise values of $50 million to $1 billion. H.I.G. is willing to take on complexity, such as corporate carve-outs, complex ownership situations or underperforming businesses, and it also makes minority and growth investments.

Smaller companies have two ways in. H.I.G. Capital Partners VII, a $2 billion fund closed in October 2024, makes control investments in U.S. lower middle market companies, and the firm's Small-Cap and Growth fund looks for North American businesses with less than $15 million of EBITDA. Founders can also sell to one of its platforms, as GTR Technologies did when it joined Homewerks in September 2026.

Recent deals

Announced in the 24 months before October 26, 2026.

DateCompanyTypeSectorSource
Oct 2026L4AMajority stake in an Italian company that maintains and upgrades airport airside, water and district heating infrastructure; the co-CEOs stay onPlatformConstruction ServicesSource
Sep 2026General DatatechAgreement to sell the Dallas IT solutions provider to Softcat for $1.05 billionExitIT Services & MSPSource
Sep 2026EverRise Lift GroupAction Elevator and All City Elevator combined into an independent elevator service company; Action's founder becomes executive chairmanPlatformConstruction ServicesSource
Sep 2026Click Here DigitalSignificant investment in a founder-led Baton Rouge digital marketing agency started in 1993PlatformSource
Sep 2026GTR TechnologiesFounder-built maker of ventilation fans and home improvement products added to HomewerksAdd-onSource
Sep 2026OutcomesOrlando provider of pharmacy clinical networks and pharmacy softwarePlatformHealthcare ServicesSource
Aug 2026HBKFirst institutional investor in a CPA and wealth management firm founded in 1949; its partners keep leading the firm; closing expected in late 2026GrowthAccounting & Professional ServicesSource
Aug 2026ECIManaged IT and cybersecurity provider for investment firms sold to Wind Point PartnersExitIT Services & MSPSource
Jul 2026JT ThorpeAgreement to sell the Salt Lake City refractory, insulation and fireproofing contractor to Truelink CapitalExitConstruction ServicesSource
Jun 2026Premier Forge GroupIndiana maker of forged parts for aerospace, defense and industrial usesPlatformIndustrial & ManufacturingSource
Jun 2026The Bluebird GroupMinority stake sold as Bluebird's founders recapitalized the company with Bertram CapitalExitSource
Jun 2026CelerionClinical pharmacology research company sold to THL Partners for $1.8 billionExitHealthcare ServicesSource
Apr 2026Inventus PowerIllinois designer and maker of custom lithium-ion battery systemsPlatformIndustrial & ManufacturingSource
Apr 2026Global Elite GroupAviation security services provider carved out of SecuritasPlatformSource
Feb 2026CargoTuffVirginia maker of load securement products; its co-CEOs stay in chargePlatformIndustrial & ManufacturingSource
Dec 2025United Flow TechnologiesWater and wastewater equipment platform sold to Berkshire Partners; H.I.G. keeps a minority stakeExitDistributionSource
Nov 2025GT IndependenceMichigan home care support provider for Medicaid programs; the CEO stays and remains a major shareholderPlatformHealthcare ServicesSource
Nov 2025Rely HomeNew Jersey home warranty company; the founder keeps a significant stakePlatformSource
Jun 2025AmericollectWisconsin patient engagement firm added to GetixHealthAdd-onHealthcare ServicesSource
Apr 2025Converge Technology SolutionsTaken private and merged with Mainline to form Pellera TechnologiesAdd-onIT Services & MSPSource
Apr 2025Koozie GroupPromotional products supplier sold to Garyline, a Mill Point Capital companyExitSource
Apr 2025GetixHealthHealthcare revenue cycle management providerPlatformHealthcare ServicesSource
Mar 2025QuisitiveDallas Microsoft cloud and managed services provider taken private; management staysPlatformIT Services & MSPSource
Nov 2024Northwest Pump and Equipment Co.Fueling and industrial equipment distributor and service provider founded in 1959PlatformDistributionSource
Oct 2024H.I.G. Capital Partners VII$2 billion fund for control investments in U.S. lower middle market companiesFund closeSource

Portfolio by sector

From the firm's portfolio page S5.

Business Services

  • Ascension Property Services
  • Ascent Global Logistics
  • Best Version Media
  • Brooks Safety Solutions
  • Capstone Logistics
  • CHA Consulting
  • Click Here Digital
  • Cohera
  • Global Elite Group
  • Jackson Paper Manufacturing / Sustainable Corrugated
  • KM2
  • Load One
  • Penhall
  • Pixelle Specialty Solutions
  • Strada
  • Wastequip

Chemicals

  • Formerra
  • Universal Fiber Systems
  • Vantage Specialty Chemicals

Consumer/Retail

  • Circle Graphics
  • Dazpak
  • Family Entertainment Group
  • Patriot Pickle
  • Rely Home
  • Shore Excursions Group
  • Windows USA

Healthcare

  • American Vision Partners
  • Barton Associates
  • Concord
  • CORA Physical Therapy
  • Core Linen Services
  • eHealth
  • GetixHealth
  • GT Independence
  • Health Network One
  • Health-E Commerce
  • Highridge Medical
  • Navitas Life Sciences
  • Outcomes
  • Reliant Rehabilitation
  • Rising Pharmaceuticals
  • SkinCure Oncology

Industrials

  • 4Refuel
  • CargoTuff
  • Con Forms
  • Continental Batteries
  • EverRise Lift Group
  • Homewerks
  • Inventus Power
  • Northwest Pump
  • Premier Forge Group
  • Segers
  • STS Aviation Group
  • Time Manufacturing Company
  • USA DeBusk
  • L4A

Technology, Media & Telecom

  • 3Pillar Global
  • Amsive
  • Classmates
  • Cleo
  • Cxtec
  • Empower AI
  • Enseo
  • General Datatech
  • Hibu
  • Milestone Technologies
  • Oxford Global Resources
  • Pellera Technologies
  • Quisitive
  • SMTC
  • Symplicity
  • ThoughtFocus
  • Watchfire

Greymont’s take

How H.I.G. Capital fits a seller

H.I.G. suits owners who want a large, well-funded buyer that can handle many deal shapes. Its approach page says it shapes each deal around the seller, from a full sale to a partial sale where the owner keeps equity and a management role. Recent deals show both: the founder of Rely Home kept a significant stake in November 2025, the CEO of GT Independence stayed on as a major shareholder, and HBK's partners will keep running their firm after H.I.G.'s 2026 growth investment.

H.I.G. also sells often. Since mid 2026 it has sold or agreed to sell ECI, JT Thorpe, Celerion and General Datatech, and three of those went to other private equity firms. An owner who rolls equity should ask which H.I.G. fund would own the company, how long that fund usually holds, and what the owner's role would be after the next sale.

Questions owners ask

Does H.I.G. buy IT services companies?

Yes. Its current U.S. holdings include Pellera Technologies, Quisitive, ThoughtFocus, Concord and Empower AI. It sold managed services provider ECI to Wind Point Partners in August 2026 and agreed to sell General Datatech to Softcat for $1.05 billion in September 2026.

What size company does H.I.G. look for?

Its criteria page targets middle market companies with revenue as high as $1 billion, with the ceiling varying by industry. Smaller businesses fit its $2 billion lower middle market fund closed in 2024, or its Small-Cap and Growth fund, which looks for North American companies with less than $15 million of EBITDA.

Can an owner keep a stake after selling to H.I.G.?

Yes. Its approach page describes partial sales where the owner keeps equity and a management role. When H.I.G. invested in Rely Home in November 2025, the founder kept a significant ownership stake, and GT Independence's CEO remained a significant shareholder after its deal.

Does H.I.G. invest in accounting firms?

Yes. In August 2026 it agreed to a growth investment in HBK, a Top 50 U.S. CPA firm with a wealth management arm, founded in 1949. H.I.G. becomes HBK's first institutional partner, HBK's partners keep leading the firm, and closing is expected in the fourth quarter of 2026.

Sources

  1. S1H.I.G. Private Equity home page Accessed October 20, 2026
  2. S2H.I.G. Private Equity: About Accessed October 20, 2026
  3. S3H.I.G. Private Equity: Criteria Accessed October 20, 2026
  4. S4H.I.G. Private Equity: Approach Accessed October 20, 2026
  5. S5H.I.G. Private Equity: Our Portfolio Accessed October 20, 2026
  6. S6H.I.G. Private Equity: News Accessed October 20, 2026
  7. S7H.I.G. Closes $2 Billion U.S. Lower Middle Market Fund, H.I.G. Capital Partners VII (October 28, 2024) Accessed October 20, 2026
  8. S8H.I.G. Expands Small-Cap & Growth Team (August 13, 2025) Accessed October 20, 2026
  9. S9H.I.G. Closes $5.5 Billion Middle Market LBO Fund IV (September 12, 2023) Accessed October 20, 2026
  10. S10H.I.G. Completes Sale of Celerion (June 15, 2026) Accessed October 20, 2026
  11. S11H.I.G. Capital Acquires a Majority Stake in L4A (October 22, 2026) Accessed October 26, 2026

Compiled by Greymont Advisors from public sources, including the firm’s own website and press releases. Greymont is not affiliated with H.I.G. Capital. Figures are as reported on the dates shown and may have changed. Request a correction

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