HIG Capital acquisition news – HIG Capital Signs Deal to Acquire a Strategic Stake in the HELLER Group

Founded in 1894 and headquartered in Nürtingen, Germany, HELLER is a globally renowned provider of cutting-edge CNC machine tools and manufacturing systems, specializing in high-precision, high-productivity metal processing.

The Group has over 2,600 employees and operates five state-of-the-art production facilities across Europe, Asia, North America, and South America, with 30 sales and service branches worldwide. HELLER’s global presence has enabled it to serve a diverse range of customers and industries, including engineering, aerospace, energy, defense, and commercial vehicles.

Read also - Wingbits Funding News- Sweden- based Wingbits Raises €5.3Mn to Transform Flight Tracking

H.I.G. and the fourth generation of the Heller family have entered into a partnership to facilitate the transformation program initiated two years ago by Dr. Thorsten Schmidt, CEO of the HELLER Group.

H.I.G. will leverage its extensive manufacturing sector expertise, global network, and capital resources to assist the company to successfully execute on its growth plan. The Heller family will continue to retain a significant ownership interest, preserving the Company’s identity as a long-standing family business.

Nicole Pfleiderer and Marc Heller, the fourth generation of the Heller family, commented: “We are pleased to have found an ideal partner in H.I.G. to jointly secure a prosperous future for our Company. H.I.G.’s distinguished track record, expertise in the engineering sector, and expansive global network will provide significant strategic advantages to the Company. This partnership lays a strong foundation for sustainable investments in HELLER’s future, and we are confident that HELLER will successfully execute on its strategic initiatives and emerge stronger than ever.”

Dr. Thorsten Schmidt, Chief Executive Officer of HELLER, added: “HELLER is positioned for a bright future, and unlocking the Company’s full potential requires a strategic realignment. Our objective is to strengthen and expand our status as a market-leading innovator which will enable us to serve new industries and attract a broader customer base. In collaboration with H.I.G., the Heller family, and our talented workforce, we are committed to implementing our ambitious strategic plan and advancing the Company’s longstanding history of success.”

Christian Kraul-von Renner, Managing Director at H.I.G., remarked: “HELLER is a global technological leader. We are impressed by its engineering excellence, the exceptional skills of its workforce, and the outstanding capabilities of its management team. With a legacy spanning 130 years, the Company has a remarkable foundation, and we are confident in its bright future. We are eager to partner with the Heller family and to collaborate closely with Dr. Thorsten Schmidt and the entire management team to drive the next chapter of HELLER’s success.”

About HELLER

Founded in 1894 as a modest craftsman’s workshop, HELLER has evolved into a globally recognized leader in CNC machine tools and manufacturing systems for machining operations. Today, the Group employs over 2,600 professionals.

It operates five state-of-the-art production facilities across Europe, Asia, and North and South America, ensuring consistent and reliable service to a diverse range of industries. HELLER maintains a strong global presence, with dedicated sales and service subsidiaries and an extensive network of qualified service partners in all major markets.

About H.I.G. Capital

H.I.G. Capital is a leading global private investment firm with $67 billion of equity capital currently under management.* H.I.G.'s family of funds includes private equity, real estate, growth equity and debt/credit. H.I.G. Capital has invested in and controlled over 400 organizations globally since it was founded more than 30 years ago. The firm currently manages a portfolio of companies with combined sales in excess of $53 billion.