Goodwin’s London private equity team advised H.I.G. Capital on its acquisition of the entire issued share capital of CLC Group, a leading UK provider of property and asset refurbishment, from its owner, the Armitage Family Trust.
H.I.G. Capital is a leading global alternative investment firm with $57 billion of equity capital under management. For over 30 years, the H.I.G. platform has created long-term value across a range of strategies, including private equity, growth equity, direct lending, special situations credit, real estate, infrastructure, and biohealth.
CLC Group provides refurbishment, electrical, and fire protection services to clients in the social housing, local government, defence, hospitality, and utilities end-markets. Operating 15 branches across the UK, the business has developed an exceptionally strong reputation for service delivery and delivered unbroken organic growth for over two decades.
The deal team was led by James Grimwood and included Charles Elsom, Saya Sharma, Matt Connell and Arya Theivendram (Corporate); Hugh O’Sullivan and Thibaud Frouin (Debt Finance); Genevieve Watt, Hayley Davis, Anjlee Sakaria, Joseph Ndep and Arjun Dhar (Commercial, IP, and Data Protection); Alex Fisher (Employment) and Katie Leah, Nathan Langford and Matthew Rees (Tax).
For further detail, please see the press release.