HIG Capital acquires Synecore and Meesons Futures

• Meesons is a physical security services provider for critical national infra, data centre, corporate, and leisure sectors
• HIG is a global private equity and alternative assets investment firm
• The firm, based in Miami, manages $55bn of equity capital

HIG Capital has acquired Synecore and Meesons Futures, which will be combined with HIG’s existing portfolio companies, CPS and Classic Lifts to form Andwis Group, a family of technical services providers.

No financial terms of the transactions were disclosed.

Synecore is a provider of mechanical and electrical servicing and maintenance. The firm is based in Kent, England.

Meesons is a physical security and entrance control services provider for critical national infrastructure, data centre, corporate, and leisure sectors. The firm is headquartered in North Yorkshire, England.

“The Andwis Group will be able to provide a competitive offering in a sector that has significant long-term growth opportunities driven by decarbonisation, changing regulation, new technology, and ageing building stock,” said John Harper, managing director of HIG.

Future acquisitions into Andwis are expected across both existing service lines of M&E and lifts, and via the addition of fire protection, access and security, and associated compliance services, according to a release.

HIG is a global private equity and alternative assets investment firm that manages $55 billion of equity capital. The firm, based in Miami, US, provides both debt and equity capital to small and mid-sized companies.