H.I.G. Capital Ramps Up Acquisition Strategy with Tech and Events Industry Plays (2025)

Miami-based private equity powerhouse H.I.G. Capital is making waves this month with back-to-back acquisitions that signal an aggressive push into both technology and events management sectors.

The firm, which boasts a massive $67 billion war chest, isn’t slowing down its renowned buy-and-build strategy as it closes in on its third decade of operations. Industry insiders are taking note of H.I.G.’s particularly active March, which has seen the firm add significant new assets to its already impressive collection of over 100 portfolio companies.

Microsoft Cloud Provider Quisitive Joins the H.I.G. Family

In a move that underscores H.I.G.’s growing interest in cloud technology and artificial intelligence, the firm has successfully completed its takeover of Quisitive Technology Solutions Inc., a Dallas-based Microsoft Cloud specialist.

Quisitive, a rising star in the Microsoft partner ecosystem since its 2016 founding, brings nearly 500 tech professionals to H.I.G.’s stable. The company has carved out a lucrative niche helping mid-market and enterprise clients navigate digital transformation using Microsoft’s increasingly dominant cloud platform.

“This deal is a clear acknowledgment of our team’s technical expertise,” said Mike Reinhart, who will remain at Quisitive’s helm post-acquisition. Industry analysts note that Quisitive’s specialized capabilities in Microsoft’s AI-powered offerings like Copilot could prove especially valuable as enterprise AI adoption accelerates.

H.I.G.’s Kevin Van Culin didn’t mince words about the acquisition target’s appeal: “We’ve been extremely impressed by what Mike and the management team have built over the last decade,” he remarked, highlighting Quisitive’s technical depth across Microsoft’s expanding universe of cloud products.

Creating an Events Management Juggernaut

Just days earlier, H.I.G. flexed its dealmaking muscles in the lucrative corporate events space, orchestrating the marriage of two major players in destination management: 360 Destination Group and CSI DMC.

The March 13 announcement detailed H.I.G.’s strategic investment to unite these events specialists, which collectively serve corporate clients across 46 destinations worldwide. The move creates what H.I.G.’s Andrey Vakhovskiy boldly described as “the leading event services platform in the destination management industry.”

For companies specializing in crafting high-end corporate events and incentive trips, scale and geographic reach are critical competitive advantages. Trevor Hanks of 360DG emphasized that H.I.G.’s backing would allow the newly combined entity to “extend our reach and elevate the experiences we provide to our clients.”

Part of a Broader Strategy

These March maneuvers come on the heels of several other significant H.I.G. transactions, including February’s lucrative exit from Soleo Health and a strategic stake in German manufacturing stalwart HELLER Group.

Private equity watchers note that H.I.G.’s recent activity demonstrates the firm’s trademark diversification across sectors and geographies. Since its 1993 founding, the Miami-headquartered investment giant has steadily expanded its global footprint, now operating from 19 offices spanning North America, Europe, Latin America, the Middle East, and Asia.

While many PE firms have struggled with deployment in today’s challenging market conditions, H.I.G. appears to be finding no shortage of opportunities to put its capital to work in 2025. With combined sales of more than $53 billion across its portfolio companies, H.I.G.’s March moves further cement its status as one of the most formidable players in the mid-market private equity space.