HIG Capital completed the acquisition of Tecfil.

HIG Capital, a global private equity investment firm with over $27bn of equity capital under management, completed the acquisition of Tecfil, a automotive filters producer in Brazil, serving primarily the aftermarket segment. Financial terms were not disclosed. “We are very pleased to have completed the acquisition of Tecfil. Abílio, Arthur and the management team have done an outstanding job in the last decade of building a truly unique aftermarket platform. We look forward to taking the Company to the next level and explore several growth opportunities that lay ahead of us,” Fernando Marques Oliveira, HIG Brazil and Latin America Head and Managing Director.