HIG Capital completed the investment in Ascension Property Services.

HIG Capital, a private equity and alternative assets investment firm, completed the investment in Ascension Property Services, a mechanical, electrical and plumbing property services provider. Financial terms were not disclosed. “We are thrilled to partner with the APS team and continue its track record of organic and acquisition-driven growth in the enormous and fragmented MEP industry. We see tremendous opportunity to further expand our service offerings and leverage our resources and infrastructure to target attractive new geographies, while maintaining our focus on quality and superior customer service,” Jon Contos, HIG Capital Managing Director.