H.I.G. Capital Completes Sale of Celerion, Highlighting a Period of Robust Exit Activity

H.I.G. Capital ("H.I.G."), a leading global alternative investment firm with $75 billion of capital under management, announced the completion of the sale of Celerion Holdings, Inc. ("Celerion") to funds affiliated with THL Partners for $1.8 billion. Celerion is a leading clinical pharmacology-focused Contract Research Organization globally, a true category-defining business within the pharmaceutical industry. The transaction marks the latest in a series of successful exits from H.I.G.'s Advantage strategy, which has now completed the sales of St. Croix, United Flow Technologies, and Celerion since the fourth quarter of 2025, for a combined total enterprise value of more than $4.5 billion, underscoring H.I.G.'s consistent ability to identify differentiated businesses, execute disciplined value creation strategies, and deliver compelling returns for its investors.H.I.G. Advantage invests in established, high-quality, industry-leading North American companies with clear and differentiated value propositions. The strategy has demonstrated a consistent ability to identify and build businesses of scale across sectors and geographies."The Celerion transaction is a direct reflection of what H.I.G. does best: identifying exceptional businesses in specialized markets, bringing our full operational and strategic resources to bear, and partnering closely with management to execute against a clear vision. The closing is a compelling outcome for our investors and a validation of H.I.G.'s approach to value creation. We are proud of what we built with Celerion and have positioned it exceptionally well for its next chapter. Combined with the exits of St. Croix and United Flow Technologies, H.I.G. Advantage has demonstrated its ability to return meaningful capital to investors, even amid a challenging exit environment," said Matt Hankins and Rahul Vinnakota, Co-Heads of H.I.G. Advantage.

H.I.G. Capital Completes Sale of Celerion, Highlighting a Period of Robust Exit Activity

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