H.I.G. Capital Acquires Avove Limited

H.I.G. Capital, a global investment firm with $75 billion in assets, has announced the acquisition of Avove Limited. Avove, a UK-based company, specializes in infrastructure services in the water and power sectors. The acquisition terms were not disclosed.

Avove is known for its comprehensive solutions in design and build for water, wastewater, and power utilities across Great Britain and Northern Ireland. The company has been recognized for high-quality services and socially responsible operations. Avove benefits from significant investment in UK infrastructure, including the upcoming AMP8 water cycle.

Avove's management will stay on and reinvest with H.I.G. to expand service offerings. CEO Mark Perkins expressed pride in Avove's achievements and is optimistic about future growth. H.I.G.'s Adam Taylor emphasized the significant growth opportunities in the UK's infrastructure markets.