H.I.G. Capital Completes Strategic Acquisition of Avove Limited
On July 28, 2026, H.I.G. Capital, a prominent global alternative investment firm known for managing assets worth $75 billion, announced the successful acquisition of Avove Limited, a leading service provider in the UK’s infrastructure and engineering sectors. Avove is recognized for its significant contributions to the regulated water and electricity markets, offering end-to-end design and construction solutions tailored for utility companies. The financial specifics surrounding the transaction remain undisclosed.
Avove Limited, with its extensive experience in providing quality solutions for the water, wastewater, and electricity sectors, has earned a strong reputation across Great Britain and Northern Ireland. The company has been recognized for its commitment to high-quality project execution, employee satisfaction, and the creation of societal value in the communities it serves, reflected in various prestigious awards received in recent months.
As the UK anticipates substantial investments in infrastructure, particularly under the AMP8 investment cycle for the water sector, Avove stands to benefit significantly. This cycle includes essential upgrades to aging infrastructure, initiatives to reduce pollution incidents, and efforts to enhance resilience against climate change. H.I.G. intends to work closely with Avove’s management team to further develop the company’s capabilities while pursuing a broader acquisition strategy. The goal is to expand service offerings and enhance customer satisfaction effectively.
Mark Perkins, CEO of Avove, expressed pride in the company’s achievements, stating, "The Avove team has accomplished significant milestones through a focus on innovation, quality, and safety, supported by our dedicated and engaged staff. Partnering with H.I.G. will allow us to continue improving outcomes for the communities we serve while striving for further growth in a rapidly evolving market.”
Adam Taylor, Managing Director of H.I.G. in London, highlighted the promising growth potential within the British infrastructure markets. He commented, "We are excited about collaborating with Avove’s experienced management team, merging their proven track record in the regulated utility sector with H.I.G.’s deep understanding of the UK service sector and acquisition-driven growth expertise."
Avove aims to facilitate progress by developing sustainable infrastructure solutions for utility companies, contributing to a better living environment, economic growth, and stronger communities. The company remains committed to making a positive and lasting impact in the regions where it operates, partnering closely with colleagues, clients, and local communities.
About H.I.G. Capital: H.I.G. Capital is a leading global alternative investment firm with a managed capital of $75 billion. Headquartered in Miami, it has offices in various cities across the United States and internationally in locations such as Hamburg, London, Luxembourg, Madrid, Milan, Paris, Bogotá, Rio de Janeiro, Dubai, and Hong Kong. The firm specializes in providing both debt and equity capital to mid-sized firms using a flexible, operationally focused, value-added approach. Since its establishment in 1993, H.I.G. has invested in over 400 companies worldwide, currently overseeing more than 100 companies with total revenues exceeding $53 billion. For more information, visit hig.com.
Avove Limited, with its extensive experience in providing quality solutions for the water, wastewater, and electricity sectors, has earned a strong reputation across Great Britain and Northern Ireland. The company has been recognized for its commitment to high-quality project execution, employee satisfaction, and the creation of societal value in the communities it serves, reflected in various prestigious awards received in recent months.
As the UK anticipates substantial investments in infrastructure, particularly under the AMP8 investment cycle for the water sector, Avove stands to benefit significantly. This cycle includes essential upgrades to aging infrastructure, initiatives to reduce pollution incidents, and efforts to enhance resilience against climate change. H.I.G. intends to work closely with Avove’s management team to further develop the company’s capabilities while pursuing a broader acquisition strategy. The goal is to expand service offerings and enhance customer satisfaction effectively.
Mark Perkins, CEO of Avove, expressed pride in the company’s achievements, stating, "The Avove team has accomplished significant milestones through a focus on innovation, quality, and safety, supported by our dedicated and engaged staff. Partnering with H.I.G. will allow us to continue improving outcomes for the communities we serve while striving for further growth in a rapidly evolving market.”
Adam Taylor, Managing Director of H.I.G. in London, highlighted the promising growth potential within the British infrastructure markets. He commented, "We are excited about collaborating with Avove’s experienced management team, merging their proven track record in the regulated utility sector with H.I.G.’s deep understanding of the UK service sector and acquisition-driven growth expertise."
Avove aims to facilitate progress by developing sustainable infrastructure solutions for utility companies, contributing to a better living environment, economic growth, and stronger communities. The company remains committed to making a positive and lasting impact in the regions where it operates, partnering closely with colleagues, clients, and local communities.
About H.I.G. Capital: H.I.G. Capital is a leading global alternative investment firm with a managed capital of $75 billion. Headquartered in Miami, it has offices in various cities across the United States and internationally in locations such as Hamburg, London, Luxembourg, Madrid, Milan, Paris, Bogotá, Rio de Janeiro, Dubai, and Hong Kong. The firm specializes in providing both debt and equity capital to mid-sized firms using a flexible, operationally focused, value-added approach. Since its establishment in 1993, H.I.G. has invested in over 400 companies worldwide, currently overseeing more than 100 companies with total revenues exceeding $53 billion. For more information, visit hig.com.
Topics Financial Services & Investing）
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