HELLER Group Secures Strategic Investment from H.I.G. Capital
Deal News | Feb 05, 2025 | PR Newswire Cision H.I.G. Capital
H.I.G. Capital has entered into a definitive agreement to acquire a strategic stake in HELLER Group, a leading manufacturer of CNC machine tools based in Germany. The partnership, which awaits antitrust approval, involves collaboration with the fourth generation of the Heller family and aims to support the ongoing transformation program initiated by CEO Dr. Thorsten Schmidt two years ago. HELLER, established in 1894, is renowned for its advanced metalworking machines and systems and operates across multiple continents with a workforce of over 2,600. The deal represents an opportunity for H.I.G. to leverage its expertise and global network to drive HELLER's strategic growth initiatives, which focus on expanding into new industries and markets. The Heller family will retain significant ownership to preserve its identity as a longstanding family business.
Sectors
- Manufacturing
- Private Equity
- Engineering
Geography
- Germany – HELLER Group is headquartered in Germany, and the deal is significant within the German engineering and manufacturing sector.
- Global – Both HELLER and H.I.G. Capital have a global presence across multiple continents, reflecting the international nature of their operations and the investment.
Industry
- Manufacturing – The article involves HELLER Group, a manufacturer of CNC machine tools, which operates in the manufacturing sector specializing in precision metalworking.
- Private Equity – H.I.G. Capital, a private equity firm, is involved in a strategic investment deal, emphasizing the article's connection to the private equity industry.
- Engineering – HELLER is engaged in the engineering industry through its production of advanced CNC machines and systems for various industrial applications.
Financials
- $67 billion – Total capital under management by H.I.G. Capital.
- $53 billion – Total revenue of companies in H.I.G. Capital's current portfolio.
Participants
Name | Role | Type | Description |
---|---|---|---|
HELLER Group | Target Company | Company | A leading manufacturer of CNC machine tools known for its precision and productivity, headquartered in Nürtingen, Germany. |
H.I.G. Capital | Bidding Company | Company | A global private equity investment firm with a diverse portfolio and significant capital under management, headquartered in Miami. |
Dr. Thorsten Schmidt | CEO of HELLER Group | Person | Chief Executive Officer who initiated the transformation program for HELLER Group. |
Nicole Pfleiderer | Heller Family Representative | Person | Fourth generation of the Heller family, involved in the strategic collaboration with H.I.G. Capital. |
Marc Heller | Heller Family Representative | Person | Fourth generation of the Heller family, involved in the strategic collaboration with H.I.G. Capital. |
Christian Kraul-von Renner | Managing Director at H.I.G. | Person | General Director at H.I.G. Capital who commented on the strategic partnership with HELLER. |