News

H.I.G. Capital has made an investment in Herndon, Virginia-based Iron Bow Technologies, an IT solutions provider serving government, commercial and healthcare clients. No financial terms were disclosed.

PRESS RELEASE

HERNDON, Va.–(BUSINESS WIRE)–Iron Bow Technologies, an IT solution provider serving government, commercial and healthcare clients, today announced an equity partnership with H.I.G. Capital, a leading global private equity investment firm. The partnership will accelerate Iron Bow’s rapid growth in prospective markets across the public and private sectors.

With $25 billion of equity capital under management, H.I.G.’s investment and commitment to the business is critical to maturing the Iron Bow vision and mission. Iron Bow plans to continue its organic investment strategy and, through the H.I.G. partnership, target strategic acquisitions that will help the company expand its existing portfolio, broaden its offerings and gain greater market diversity.

“Iron Bow’s ‘customer first’ culture and various consecutive top workplace recognitions are reflective of the continuous investment in team members, partnerships and customer relationships,” said President and Chief Executive Officer Rene LaVigne. “Through the H.I.G. partnership, Iron Bow will be better equipped to realize its greater vision while continuing to provide all members of its eco-system with additional opportunities for success. The tremendous culture that we’ve developed will continue to be a key ingredient in our DNA.”

LaVigne and the executive team will continue to lead the organization through this next phase of growth.

About Iron Bow Technologies
Iron Bow Technologies is a leading IT solution provider dedicated to successfully transforming technology investments into business capabilities for government, commercial and healthcare clients. Our depth of technical expertise, global reach and strategic partnerships with industry leaders as well as disruptive technology partners uniquely positions Iron Bow to target the right solution to ensure a successful business outcome. We partner with our clients from planning and implementation through ongoing maintenance and management to deliver solutions that are strong, flexible and on target with their mission. Regardless of how an organization consumes technology, Iron Bow can provide the leadership required to drive innovation.

About H.I.G. Capital
H.I.G. Capital is a leading global private equity and alternative assets investment firm with $25 billion of equity capital under management. Based in Miami, and with offices in New York, Boston, Chicago, Dallas, Los Angeles, San Francisco, and Atlanta in the U.S., as well as international affiliate offices in London, Hamburg, Madrid, Milan, Paris, Rio de Janeiro, São Paulo, Bogotá and Mexico City, H.I.G. specializes in providing both debt and equity capital to small and mid-sized companies, utilizing a flexible and operationally focused/value-added approach. The H.I.G. family of funds includes private equity, growth equity, real estate, debt/credit, lending and biohealth. H.I.G. aligns with committed management teams and entrepreneurs to help build and drive growth of businesses of significant value.

Since its founding in 1993, H.I.G. has invested in and managed more than 300 companies worldwide. The firm’s current portfolio includes more than 100 companies with combined sales in excess of $30 billion. For more information, please refer to the H.I.G. website at www.higcapital.com