{"url":"https://newsforagent.com/news/2026-10-22/hig-capital-majority-stake-l4a","markdown_url":"https://newsforagent.com/news/2026-10-22/hig-capital-majority-stake-l4a.md","title":"H.I.G. Capital Buys Majority Stake in Italy's L4A","headline":"H.I.G. Capital Acquires Majority Stake in Italian Infrastructure Platform L4A","description":"H.I.G. Capital's affiliate has acquired a majority stake in Italian infrastructure maintenance platform L4A.","section":"Mergers & Acquisitions","published_at":"2026-10-22T10:18:29+00:00","modified_at":"2026-10-22T10:18:29+00:00","author":"News Desk","key_takeaways":["H.I.G. Capital's affiliate acquired a majority stake in L4A, an Italian infrastructure maintenance and renewal platform.","L4A operates through Artifoni, LSE and MPM across airport airside infrastructure, water infrastructure and district heating.","H.I.G. Capital manages $75 billion of capital and has completed more than 2,500 transactions across its history."],"companies":[{"name":"H.I.G. Capital","is_primary":true,"profile_url":"https://akta.pro/company-profiles/00000pd/h-i-g-capital","website":"https://hig.com"}],"source":{"publisher":"Newswire","title":"H.I.G. Capital Acquires a Majority Stake in L4A to Support Continued Growth and Expansion","url":"https://www.newswire.ca/news-releases/h-i-g-capital-acquires-a-majority-stake-in-l4a-to-support-continued-growth-and-expansion-872591884.html"},"other_sources":[],"tags":["Mergers & Acquisitions","H.I.G. Capital"],"body_markdown":"H.I.G. Capital's affiliate has acquired a majority stake in L4A, an Italian platform specializing in the maintenance, renewal and upgrading of strategic infrastructure, the firm said on October 22, 2026. The price was not disclosed. [Newswire](https://www.newswire.ca/news-releases/h-i-g-capital-acquires-a-majority-stake-in-l4a-to-support-continued-growth-and-expansion-872591884.html) published the announcement.\n\n## H.I.G.'s Majority Stake in L4A\n\n[H.I.G. Capital](https://akta.pro/company-profiles/00000pd/h-i-g-capital) is a global alternative investment firm with $75 billion of capital under management. L4A is headquartered in the province of Bergamo, approximately 30 km from Milan, and operates through its subsidiaries Artifoni, LSE and MPM across airport airside infrastructure, water infrastructure and district heating.\n\nThe investment is being made in partnership with L4A's existing shareholders and Co-CEOs, who will continue to lead the company. H.I.G. said the investment is intended to support L4A in accelerating growth through organic initiatives and complementary acquisitions, strengthening its position in existing segments, expanding into adjacent niches across water treatment, energy and strategic transportation, broadening its offering into higher value-added activities and extending its geographic footprint.\n\nRaffaele Legnani and Giovanni Guglielmi, Managing Directors at H.I.G. in Italy, said: \"L4A is a high-quality platform operating in a market supported by structural growth trends and resilient demand for the maintenance and renewal of strategic infrastructure.\"\n\nRoberto Paganessi and Andrea Diani, Co-CEOs of L4A, said: \"The partnership with H.I.G. represents an important milestone in L4A's growth journey.\"\n\n## H.I.G.'s Recent Deal Activity\n\nAccording to akta.pro [company records](https://akta.pro/company-data), H.I.G. Capital completed the sale of Celerion Holdings, Inc. to funds affiliated with THL Partners for $1.8 billion in June 2026. Celerion is a clinical pharmacology-focused Contract Research Organization. The same records list the divestiture as part of an H.I.G. Advantage strategy exit wave exceeding $4.5 billion in combined enterprise value since Q4 2025.\n\nH.I.G. Capital's records also show a private equity round of $36.5 million in December 2016 and a private equity round led by Dyal Capital Partners in August 2016.\n\n## Earlier H.I.G. Capital Moves\n\nIn September 2026, Younghee Choi joined H.I.G. Capital as Head of Asia, leading capital formation across the firm's private equity, credit and real assets platforms, PR Newswire reported. She brought over 15 years of experience from Blackstone, where she served as Senior Managing Director and Head of Korea ICS.\n\nIn August 2026, H.I.G. Capital appointed Tim Hsu and Chris Todisco as Managing Directors in its Capital Formation Group to lead fundraising for its credit platform, with Hsu based in San Francisco and Todisco in New York, Pulse 2.0 reported.\n\nAlso in August 2026, Hill Barth & King LLC, a Canfield, Ohio-based accounting and consulting firm, received a strategic growth investment from Miami-based H.I.G. Capital, with closing expected in the fourth quarter of 2026, Consulting reported.\n","publisher":{"name":"News for Agent","url":"https://newsforagent.com"}}