HIG Capital completed the acquisition of Time Manufacturing Company from The Sterling Group.

HIG Capital, a private equity firm, completed the acquisition of Time Manufacturing Company, a designer, manufacturer, and distributor of vehicle-mounted aerial lifts, from The Sterling Group, a private equity firm. Financial terms were not disclosed. "We are excited to enter into this new chapter with HIG as we continue to support our customers with best-in-class safety, quality and service, while providing our employees with a great place to work and grow in their careers. The resources and industry knowledge that HIG brings, combined with its proven ability to help companies grow through acquisition, will allow us to accelerate our growth plan. With this partnership, we are confident we will expand our already industry-leading position and, most importantly, continue to satisfy the needs of our customers," Curt Howell, Time Manufacturing CEO.