HIG Capital has launched a sale process for Capstone Logistics, with first-round bids due by early May, according to three sources familiar with the matter. The private equity firm is testing market appetite for the logistics company as deal activity continues to pick up in the sector.

The auction comes amid sustained investor interest in supply chain and logistics assets. HIG Capital acquired Capstone as part of a broader strategy targeting middle-market transportation and logistics firms. The timing reflects favorable market conditions for assets in this space, where demand for efficient supply chain solutions remains robust.

Separately, the roofing sector is drawing attention from multiple private equity firms. Angeles Partners, Sumeru, Osceola, and Huron have all been active in roofing-related deals, attracted by the sector's defensive characteristics and recurring revenue potential from repair and replacement cycles.

The dual interest in logistics and roofing underscores how PE firms are balancing growth opportunities with sectors known for stable cash flows.