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HIG Acquires Avove Infrastructure Firm

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HIG has acquired Avove, a UK-based infrastructure services and engineering company. Avove focuses on the regulated water and power markets, offering end-to-end design and build solutions to utilities across Great Britain and Northern Ireland. Avove’s management team, led by CEO Mark Perkins, will reinvest alongside HIG and continue to lead the company.

Adam Taylor, managing director in HIG’s London office, noted the significant growth expected in UK infrastructure markets, targeting improvements in capacity, efficiency, and resilience. He expressed excitement about partnering with Avove’s experienced management team, combining their track record with HIG’s expertise in the UK services sector and growth strategies. No financial terms of the acquisition were disclosed. Avove's services are crucial for utilities in the water, wastewater, and power sectors, supporting essential infrastructure development and maintenance. The partnership is expected to drive further development and expansion for Avove within these critical markets.