HIG Capital completed the acquisition of a majority stake in Grupo Ransa from Grupo Romero.

HIG Capital, an alternative investment firm, completed the acquisition of a majority stake in Grupo Ransa, a third-party logistics firm, from Grupo Romero, a logistics company. Financial terms were not disclosed. “We are happy to welcome H.I.G. to the Ransa family. This investment is a recognition to our over 7,000 employees, talent and client-centric culture – elements that form our true competitive advantage – and confirms that we have taken the right direction in the strategy we set forth in the past few years. We are excited with the opportunities that lie ahead and believe H.I.G. will help us accelerate our growth trajectory and help us continue delivering high-quality services to our clients," Paolo Sacchi, Grupo Ransa CEO.