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Capital, a global alternative investment firm with $75 billion of capital under management, has signed a definitive agreement to acquire a majority stake in TERRAS Group. The deal was announced July 6, 2026, from London.
Structure of the Transaction The buyer is an H.I.G. Capital directly — a standard private equity structure that ring-fences the acquisition vehicle from the broader fund platform.
The agreement is characterized as "definitive," meaning both parties have executed binding transaction documents; closing remains a separate step, typically subject to regulatory review and other conditions precedent that the announcement does not detail.
The stake is described as a majority position. That framing leaves open the size of any continuing ownership held by existing shareholders, whether founders, management, or prior financial backers.
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