NEW YORK — H.I.G. Capital (“H.I.G.”), a leading global alternative investment firm with $65 billion of capital under management, is pleased to announce that one of its affiliates has completed the acquisition of Action Elevator (“Action” or the
NEW YORK -- H.I.G. Capital (“H.I.G.”), a leading global alternative investment firm with $65 billion of capital under management, is pleased to announce that one of its affiliates has completed the acquisition of Action Elevator (“Action” or the “Company”), a leading independent provider of elevator services. As part of the transaction, Action’s leadership team will remain in place and have a significant ownership stake in the recapitalized business. Terms of the transaction were not disclosed. Read More