H.I.G. Capital Acquires Clc Group Limited

Jun 28, 2023•about 2 years ago

Acquiring Company

H.I.G. Capital

Acquired Company

CLC

MiamiVenture CapitalReal Estate

Description

H.I.G. Capital, LLC (“H.I.G.”), a leading global alternative investment firm with $56 billion of equity capital under management, is pleased to announce that one of its affiliates has acquired CLC Group Limited (“CLC” or the “Company”), a leading UK provider of property and asset refurbishment, from its owner, the Armitage Family Trust. The Armitage Family Trust and CLC management will reinvest in the Company alongside H.I.G. The financial terms of the transaction have not been disclosed.

Company Information

Company

H.I.G. Capital

Location

Miami, Florida, United States

About

H.I.G. Capital is a leading global private investment firm with $60 billion of equity capital currently under management.* H.I.G.'s family of funds includes private equity, real estate, growth equity and debt/credit. H.I.G. Capital has invested in and controlled over 400 organizations globally since it was founded more than 20 years ago. The firm currently manages a portfolio of companies with combined sales in excess of $53 billion. H.I.G. is based in Miami, with offices in New York, Boston, Chicago, Dallas, Los Angeles, San Francisco, and Atlanta in the U.S., and affiliate offices in London, Hamburg, Madrid, Milan and Paris in Europe as well as Rio de Janeiro, Bogotá and São Paulo in South America.

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