HIG Capital completed the acquisition of a majority stake in Fluo.

HIG Capital, a global alternative investment firm, completed the acquisition of a majority stake in Fluo, a regional waste management and recycling platform. Financial terms were not disclosed. "This investment marks a significant milestone in Fluo's journey to develop circular economy solutions. We look forward to partnering with H.I.G. to deliver even greater value to municipalities, businesses, and the environment. H.I.G. is extremely experienced in driving growth within its portfolio companies through deep operational expertise, in providing strategic support, and in executing buy-and-build initiatives," Petri Aaltonen, Fluo CEO.