H.I.G. Capital Strengthens Its Portfolio with Strategic Acquisitions
H.I.G. Capital, a prominent global alternative investment firm, is making bold moves in the healthcare and adjacent sectors, reinforcing its robust portfolio with strategic acquisitions and sales. With $65 billion under management, the Miami-based firm continues to demonstrate its commitment to identifying and investing in high-growth markets.
Recently, H.I.G. Capital announced the acquisition of SkinCure Oncology, a leader in image-guided superficial radiation therapy for treating nonmelanoma skin cancer. This acquisition underscores H.I.G.’s interest in non-invasive cancer treatments, a field witnessing significant advancements and demand. By integrating SkinCure Oncology into its portfolio, H.I.G. aims to tap into the vast potential of innovative healthcare solutions that promise better patient outcomes.
In another strategic move, H.I.G. Capital divested BIOVECTRA, a contract development and manufacturing organization. Sold to Agilent Technologies for $925 million, this sale highlights H.I.G.’s ability to nurture and grow businesses, making BIOVECTRA a valuable asset in the pharmaceutical industry.
Further broadening its scope, H.I.G. Capital acquired a majority stake in Naturalia Tantum, an Italian company specializing in organic beauty and personal care products. This acquisition reflects H.I.G.’s foresight in capitalizing on the booming market of natural consumer products, which continues to gain traction among health-conscious consumers.
Additionally, H.I.G.’s acquisition of Action Elevator, although not directly tied to healthcare, positions the firm in essential support services for healthcare infrastructure. This strategic expansion into the Mid-Atlantic region’s elevator services market showcases H.I.G.’s diverse investment approach.
H.I.G. Capital’s recent activities illustrate a multifaceted strategy designed to leverage opportunities in diverse sectors. By investing in a range of industries—from healthcare innovations to essential infrastructure services—H.I.G. Capital continues to secure its place as a leader in the investment landscape.