H.I.G. Capital Finalizes Acquisition of Avove
On July 28, 2026, H.I.G. Capital announced the acquisition of Avove Limited, a leading UK-based infrastructure and engineering services provider active in regulated water and electricity markets. The financial terms were not disclosed. Avove delivers end-to-end design and construction solutions to utility companies across Great Britain and Northern Ireland. The company is well-regarded for its high-quality project execution, strong employer branding, and community value creation, supported by recent awards. It benefits from significant upcoming infrastructure investments in the UK, particularly under the AMP8 investment cycle focused on water sector renewal, pollution reduction, and climate resilience. Avove's management team will remain with H.I.G., continuing to lead development efforts while reinvesting for growth through an acquisition strategy aimed at expanding service offerings. Both parties expressed confidence in leveraging Avove’s expertise alongside H.I.G.’s deep knowledge of the UK services sector.
Topics: acquisition engineering services infrastructure private equity