H.I.G. Capital completed the acquisition of CLC Group from Armitage Family Trust.

H.I.G. Capital, a global alternative investment firm, completed the acquisition of CLC Group, a property and asset refurbishment company, from Armitage Family Trust, an investment company. Financial terms were not disclosed. “The property refurbishment market is set for significant investment in the coming decade. We are excited to partner with CLC’s highly experienced management team to build on their success to date through further service and geographic expansion, as well as add-on acquisitions,” John Harper, H.I.G. Capital Managing Director.