HIG Capital completed the acquisition of Vernacare from Palatine.

HIG Capital, a private equity firm, completed its acquisition of Vernacare, which supplies goods and services to the health care industry, from Palatine, a private equity firm. Financial terms were not disclosed. “In the last four years Vernacare has made major steps forward in terms of scale and reach. A doubling of sales and profit though international growth and strategic acquisition has strengthened the business and perfectly positions us to invest further in international markets and in buy and build. Palatine have been a great partner, providing the financial backing to support this growth and working with us in developing and implementing our strategy. We thank them and wish them well," Matt Miller, Vernacare Chief Executive.