#H.I.G. Capital #London #United Kingdom #UK Infrastructure #Avove Limited

H.I.G. Capital Strengthens Its Investment Portfolio Through Avove Acquisition

On July 28, 2026, H.I.G. Capital, a prominent global alternative investment firm, announced the acquisition of Avove Limited, a renowned engineering and infrastructure services company based in the UK. With an impressive capital management of $75 billion, H.I.G. aims to leverage Avove's expertise in the regulated water and power markets to further enhance their growth trajectory.

Avove: A Leader in Infrastructure Services

Avove is known for providing comprehensive design and build solutions specifically targeting utilities in the water, wastewater, and power sectors. Established in the UK, the company has built a robust reputation thanks to its commitment to service excellence, quality delivery, and generating social value within the communities it operates. Avove has been recognized for its efforts through multiple recent awards and accolades, solidifying its position as an employer of choice.

The company's strategic focus aligns with significant expected investments in UK infrastructure projects, particularly during the AMP8 water investment cycle. This phase aims to modernize aging assets, minimize pollution, and enhance resilience against climate changes. The growth opportunities in these sectors present a favorable landscape for Avove under the management of H.I.G.

Future Vision and Management Team Continuity

H.I.G. Capital’s investment in Avove is not merely about acquisition; it signifies a partnership where Avove’s management team will continue to play a pivotal role. The existing leadership, driven by CEO Mark Perkins, will reinvest alongside H.I.G. and spearhead the company's ongoing development initiatives. This collaboration is aimed at broadening Avove’s service offerings in response to the evolving market demands.

In his remarks, Perkins expressed pride in Avove's achievements, attributing their success to an innovative and safety-focused culture backed by a dedicated workforce. He emphasized that with H.I.G.'s partnership, they would strive to enhance community outcomes and realize ambitious growth plans amidst a dynamically transforming market.

Market Potential and Strategic Insights

Adam Taylor, the Managing Director at H.I.G.'s London office, also shared insights regarding the investment landscape, indicating that UK infrastructure is poised for significant growth in the years ahead. Improvements in capacity, efficiency, and resilience are focal points H.I.G. intends to enhance through its partnership with Avove. By harnessing their complementary strengths — Avove's established reputation and H.I.G.'s extensive experience in the services sector — they aim to capture the rising market opportunities effectively.

Conclusion

The acquisition of Avove by H.I.G. Capital marks a significant milestone in the evolution of UK infrastructure services. It reflects a broader trend of consolidation in the utility sectors aimed at fostering innovative and sustainable solutions. Through this strategic acquisition, both firms aim to not only bolster their market position but also to drive meaningful improvements in the communities they serve. This partnership is anticipated to unveil new possibilities, striding towards a resilient future in infrastructure development.

For further details about the firms, interested individuals can visit Avove's website or H.I.G.'s site.