H.I.G. Capital, a global alternative investment firm with $59 billion of capital under management, has acquired Penhall Company, the leading provider of specialty concrete services in North America. Penhall, founded in 1957, has over 40 branches and offers a variety of concrete solutions for commercial, residential, industrial, and infrastructure projects. H.I.G. plans to work with…
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H.I.G. Capital to acquire Travis Perkins’s plumbing & heating business for £325 million
LONDON: H.I.G. Capital’s affiliate has signed a definitive agreement to acquire Travis Perkins Plc’s Plumbing & Heating business, a news release said. The divestiture is valued at approximately £325 million, and the transaction is expected to be completed within the next three months, following regulatory approval. headquartered in Northamptonshire, P&H operates under its primary trading…
Serco Group acquires Whitney, Bradley & Brown Inc for $295 million
LONDON: Serco Group plc has agreed to acquire Whitney, Bradley & Brown Inc (WBB), a leading provider of advisory, engineering and technical services to the US Military, for $295m from an affiliate of H.I.G. Capital, a news release said. The acquisition will increase the scale, breadth and capability of Serco’s North American defence business and…