HELLER: Strategic Stake by H.I.G. Capital to Propel Growth
Deal News | Feb 04, 2025 | PR Newswire Cision H.I.G. Capital
H.I.G. Capital, a prominent global alternative investment firm based in Miami, has entered into a definitive agreement to acquire a strategic stake in HELLER Group, a leading German CNC machine tool manufacturer. This transaction, which awaits approval from antitrust authorities, is poised to bolster HELLER's transformative growth initiatives commenced by Dr. Thorsten Schmidt, its CEO. HELLER, founded in 1894 and headquartered in Nürtingen, Germany, operates five production facilities across four continents and serves a wide array of industries from aerospace to commercial vehicles. The partnership with H.I.G. will leverage the investment firm's expertise, network, and substantial resources to promote HELLER's strategic realignment and expansion into new markets. The Heller family will retain significant ownership, thus preserving its legacy as a family-owned enterprise. Christian Kraul-von Renner, Managing Director at H.I.G., praised HELLER's engineering prowess and committed teamwork, citing the company's extensive history and future potential. H.I.G. Capital manages $67 billion in assets and invests in companies through equity, debt, real estate, and infrastructure sectors globally.
Sectors
- Private Equity
- Manufacturing
- Engineering
Geography
- Germany – HELLER, the target company, is based in Nürtingen, Germany.
- United States – H.I.G. Capital, the investing firm, is based in Miami, Florida with several offices across the U.S.
- Global – HELLER operates production facilities and service branches across Europe, Asia, and the Americas.
Industry
- Private Equity – H.I.G. Capital is a private equity firm making strategic investments in companies like HELLER.
- Manufacturing – HELLER Group operates in the manufacturing sector, specializing in CNC machine tools and manufacturing systems.
- Engineering – HELLER provides engineering solutions through advanced machining tools and systems.
Financials
- $67 billion – Total capital under H.I.G. Capital management.
- $53 billion – Combined sales of companies in H.I.G.'s current portfolio.
Participants
| Name | Role | Type | Description |
|---|---|---|---|
| H.I.G. Capital | Bidding Company | Company | A leading global alternative investment firm with $67 billion capital under management. |
| HELLER Group | Target Company | Company | A German CNC machine tool manufacturer with a global presence and diverse industry focus. |
| Dr. Thorsten Schmidt | CEO | Person | CEO of HELLER Group leading its strategic transformation program. |
| Christian Kraul-von Renner | Managing Director | Person | Managing Director at H.I.G. Capital responsible for overseeing the strategic investment in HELLER. |
| Nicole Pfleiderer | Heller Family Representative | Person | Part of the fourth generation of the Heller family, involved in the company’s strategic partnership. |
| Marc Heller | Heller Family Representative | Person | Part of the fourth generation of the Heller family, involved in the company’s strategic partnership. |