#H.I.G. Capital #London #United Kingdom #Engineering Services #Phoenix ME

H.I.G. Capital's Strategic Acquisition of Phoenix ME

H.I.G. Capital, a renowned global firm specializing in alternative investments with assets under management totaling $75 billion, has recently made headlines with its acquisition of Phoenix ME Limited. This UK-based company is well-regarded for its integrated mechanical and electrical engineering services, notably catering to high-growth sectors like data centers, life sciences, infrastructure, and commerce.

As part of the acquisition, Lee Compton, the CEO and founder of Phoenix ME, will reinvest alongside H.I.G. Capital. The existing management team will continue to lead the company, ensuring that Phoenix remains on course for sustainable growth. Moreover, Jim Arnold will join the company as the Chairman of the Board, supporting management and H.I.G. in navigating Phoenix’s next growth phase.

Phoenix ME has established a strong reputation for excellence, providing design, installation, and commissioning services for mechanical and electrical systems. The firm has long-standing relationships with top-tier clients across the UK and Europe, renowned for managing complex and strategic projects, including many prestigious infrastructure endeavors in London. This acquisition aligns with H.I.G.'s goal to bolster Phoenix's capabilities, expanding its presence throughout Europe and enhancing its service offerings through both organic growth and strategic acquisitions.

Lee Compton expressed optimism about the collaboration with H.I.G. He stated that Phoenix is known for quality and reliability, being a trusted partner for many leading contractors and end clients in the sector. With H.I.G.'s partnership, he anticipates continued exceptional service delivery in their expanding markets.

John Harper, H.I.G.'s Managing Director in London, echoed this sentiment, noting the expected rapid growth of Phoenix’s end markets in the upcoming years. He expressed excitement at the prospect of leveraging Phoenix’s impressive expertise in providing high-value engineering services for complex assets.

About Phoenix ME

Founded in 1931, Phoenix ME specializes in mechanical and electrical engineering services targeting the data centers, life sciences, infrastructure, and commercial sectors. Headquartered in London, the firm operates throughout the UK and continental Europe. For further details, visit phoenixme.co.uk.

About H.I.G. Capital

H.I.G. Capital is a leading global alternative investment firm focusing on middle-market companies, providing flexible solutions through equity and debt investments. Established in 1993 and headquartered in Miami, it manages $75 billion in assets across multiple international offices. H.I.G. has facilitated over 400 businesses globally, with a current portfolio exceeding 100 companies with a combined revenue of over $53 billion. For more information, visit hig.com.