An affiliate of HIG Capital (HIG), a global alternative investment firm with over $49 billion of equity capital under management, is to acquire Terra Millennium Corporation (Terra Millennium), a national provider of outsourced industrial maintenance services, including refractory maintenance and other specialised services, from Court Square Capital Partners.

The transaction, which is expected to close in Q2 2022, is subject to customary closing conditions.

Read more: Private Equity Wire