H.I.G. Capital, a global alternative investment firm managing $75 billion in capital under management, has signed a definitive agreement for one of its affiliates to acquire a majority stake in TERRAS Group. The announcement was made July 6, 2026, from London.
Deal Structure
The transaction is structured as a majority-stake acquisition, with an H.I.G. affiliate — rather than the flagship fund directly — serving as the acquiring entity. H.I.G. did not disclose the financial terms of the deal in the announcement. The use of an affiliate vehicle is a common structure in private equity transactions, allowing firms to ring-fence capital across distinct pools.
H.I.G. Capital's Scale
H.I.G. Capital enters the transaction with $75 billion in capital under management, a figure that places it among the larger global alternative asset managers. The firm characterizes itself as a leading global alternative investment firm. No breakdown of that figure by strategy or geography was provided in the announcement.
What the Source Does Not Say
The source summary does not name TERRAS Group's sector, revenue, geography, employee count, or any timeline for closing. No executives from either firm are quoted. No regulatory approvals or conditions precedent are disclosed. Readers seeking those details should monitor subsequent filings or company statements.