HIG Capital to acquire Infratech Bau.

HIG Capital, a global alternative investment firm, agreed to acquire a majority stake in Infratech Bau, a general contractor of infrastructure services deploying fiber-to-the-home broadband networks. Financial terms were not disclosed. “We are delighted to have found a strong financial partner with HIG that allows us to continue providing high-quality services for our infrastructure customers and to continue growing our operations. Infratech’s specialization, experience and top-notch employee base will remain the foundation of our success in the German FTTH market,” Andreas Muchall, Infratech Co-founder and Managing Director.