H.I.G. Capital completes acquisition of Avove
H.I.G. Capital has completed the acquisition of Avove Limited, a leading UK infrastructure services and engineering firm specializing in regulated water and energy markets. The financial terms of the deal were not disclosed. Avove provides utility companies with planning and construction solutions across England, Wales, Scotland, Northern Ireland, and is recognized for its high-quality service delivery and community impact. The acquisition aligns with expected major infrastructure investments in Britain, particularly under the AMP8 water investment cycle aimed at modernizing aging assets and enhancing climate resilience. Avove's management team will remain in place and reinvest alongside H.I.G., supported by a strategic M&A approach to expand service offerings for clients. Both parties expressed confidence in leveraging their combined expertise to drive growth in an evolving market. Avove is committed to delivering sustainable infrastructure solutions that improve quality of life, support economic development, and create positive community legacies through collaboration with stakeholders.
Topics: Acquisition Infrastructure Water and Energy Services