H.I.G. Capital Signs Definitive Agreement to Acquire the Thermal Commercial Vehicles Division from Valeo
H.I.G.
- H.I.G.
- Capital (“H.I.G.”), a leading global alternative investment firm with $60 billion of capital under management, is pleased to announce that one of its affiliates has signed a definitive agreement to carve out the Thermal Commercial Vehicles division (the “Company”) from Valeo (Ticker: FR: PAR on the Paris Stock Exchange).
- The transaction is expected to close this year and is subject to customary regulatory approvals.
- Europe Middle Market Private Equity team, said: “We are delighted to have the opportunity to acquire Spheros.