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H.I.G. Capital's Acquisition of Avove: A Major Milestone in UK Infrastructure

In a significant move that underscores its commitment to the UK's infrastructure sector, H.I.G. Capital, a globally recognized alternative investment firm, has successfully acquired Avove Limited. Avove stands out as a leading player in the UK's infrastructure services, focusing primarily on water and power markets. This acquisition positions H.I.G. to leverage Avove's expertise and reputation to capitalize on anticipated growth in these sectors.

The Details of the Acquisition

Announced on July 28, 2026, this strategic acquisition will enable H.I.G. to expand its portfolio within the essential infrastructure services industry. Although the financial details of the transaction remain under wraps, the implications are profound. Avove operates not only across Great Britain but also in Northern Ireland, providing comprehensive design and implementation solutions to utilities in water, wastewater, and power sectors.

Avove has established itself as an employer of choice in the region, renowned for its high standards in quality delivery. The company's continued success is reflected in its recent accolades, which highlight its commitment to generating social value within the communities it serves. The management team of Avove will retain their positions and will be investing alongside H.I.G., ensuring continuity and a focused approach to future growth strategies.

Growth Prospects within UK Infrastructure

The UK infrastructure market is entering a phase of significant transformation, primarily fueled by the AMP8 water investment cycle. This anticipates substantial investments aimed at upgrading aging assets, minimizing pollution incidents, and enhancing resilience against climate change impacts. Avove, with its strong track record and expertise, is ideally positioned to take advantage of these opportunities, making the partnership with H.I.G. a timely and strategic decision.

Mark Perkins, CEO of Avove, expressed pride in the company's achievements thus far, emphasizing their focus on innovation, quality, and safety. He stated, "In partnership with H.I.G., we will continue to improve outcomes for the communities we serve while pursuing growth in a market undergoing rapid transformation."

From H.I.G.'s perspective, Adam Taylor, Managing Director of H.I.G.’s London office, noted that the acquisition of Avove aligns perfectly with their growth strategy. He pointed out that the UK infrastructure market is on the brink of considerable enhancement, particularly regarding capacity, efficiency, and resilience improvement.

About Avove and H.I.G. Capital

Avove prides itself on creating sustainable utility infrastructure solutions that are instrumental in enhancing people's lives and fostering economic growth. Their mission centers around community engagement and leaving a positive legacy in every project they undertake. More information on Avove can be explored at their website, avove.co.uk.

H.I.G. Capital, managing over $75 billion in capital, operates with a unique operational strategy in investment. The firm, based in Miami with multiple international branches, specializes in both equity and debt investments, targeting middle-market companies for value enhancement and operational improvement. Since its inception in 1993, H.I.G. has successfully managed more than 400 companies worldwide, a testament to its effective business model and strategic insight.

In summary, the acquisition of Avove by H.I.G. Capital not only amplifies H.I.G.'s presence in the UK infrastructure landscape but also embodies a forward-thinking approach to meeting the demands of a transforming market. As both firms gear up for future growth, communities can anticipate improved utility services and infrastructure developments that prioritize sustainability and social value.