Announced
Financials
Tags
Private Equity
Machinery: Construction
Single Bidder
Private
mechanical maintenance
Domestic
Pending
Acquisition
United States
industrial services
Majority
Friendly
Synopsis
H.I.G. Capital, a private equity firm, agreed to acquire Terra Millennium, a provider of outsourced industrial maintenance services, from Court Square, a private equity firm. Financial terms are not disclosed. "I am proud of Terra Millennium’s success to date. The investment by H.I.G. is recognition of all that the team has accomplished, and we are excited to partner with H.I.G. to support our next phase of growth," Mark Stutzman, Terra Millennium Executive Chairman.
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