H.I.G. buys T-Bird Restaurant Group

H.I.G. Capital LLC has completed its buy of the T-Bird Restaurant Group Inc. Financial terms weren’t announced. La Jolla, California-based T-Bird is the exclusive franchisee of Outback Steakhouse for the state of California, operating 63 stores across the state.

H.I.G. promotes Scotland to MD

H.I.G. Capital has promoted Andrew Scotland to managing director of Bayside Capital, the company’s distressed debt and special situations affiliate. Scotland first joined H.I.G. in 2013 as a principal and is based in the company’s London office.


H.I.G. buys Universal Fiber Systems

H.I.G. Middle Market, the dedicated middle market affiliate of H.I.G. Capital, has acquired Universal Fiber Systems LLC. Financial terms weren’t announced. Bristol, Virginia-based Universal Fiber produces custom solution-dyed synthetic fibers for the flooring, transportation, performance apparel and industrial fibers industries.


H.I.G. Capital-backed Surgery Partners unveils IPO

Surgery Partners, a portfolio company of H.I.G. Capital, has rolled out its IPO after pricing its 14.29 million shares at $19 per share. The stock began trading Thursday on the NASDAQ under the ticker symbol “SGRY.” BofA Merrill Lynch, Goldman Sachs and Jefferies LLC are serving as lead underwriters. Surgery Partners is surgical services provider.


H.I.G. closes 7S Group sale to Manpower

H.I.G. Europe, the European arm of global private equity firm H.I.G. Capital, said it completed the sale of 7S Group to the Manpower Group. Financial terms weren’t announced. Jena, Germany-based 7S offers HR-related services like temporary staffing, business support services, and career services.


H.I.G. Capital invests in US Med

H.I.G. Capital LLC said Thursday that it has invested in United States Medical Supply Inc. (US Med) Inc. via a recapitalization. Financial terms weren’t announced. Miami-based US Med is a national provider of mail-order medical supplies.


H.I.G. Middle Market to buy HelpSystems

H.I.G. Middle Market has agreed to buy HelpSystems LLC from Summit Partners. Financial terms weren’t announced. Eden Prairie, Minnesota-based HelpSystems provides of system & network management, business intelligence, and security & compliance solutions. H.I.G. Middle Market is the middle market affiliate of H.I.G. Capital. Evercore and Credit Suisse advised H.I.G.


H.I.G. Capital invests in Milestone Technologies

H.I.G. Capital LLC said Tuesday it has invested in Milestone Technologies Inc. Financial terms weren’t announced. Fremont, California-based Milestone provides managed information technology services to global corporations.


H.I.G. European Capital Partners to buy Centros Único

H.I.G. European Capital Partners said Monday it acquired Centros Único. Financial terms weren’t announced. Centros is a European provider of permanent hair removal and medical aesthetic services. H.I.G. European Capital Partners is the European arm of H.I.G. Capital.


H.I.G. Capital-backed ACG Materials acquires Art Wilson Company

H.I.G. Capital-backed ACG Materials has acquired Art Wilson Company, which mines, processes and markets anhydrite, gypsum and limestone products. Art Wilson Company owns a quarry and production facility in Carson City, Nevada. Art Wilson is the fifth add-on ACG has completed since H.I.G. made the platform investment at the end of 2012.

PE HUB Community

Join the 12525 members of PE HUB to make connections, share your opinion, and follow your favorite authors.

Join the Community

Look Who’s Tweeting

PE HUB News Briefs

RSS Feed Widget