An affiliate of global alternative investment firm H.I.G. Capital has entered into a definitive agreement to acquire a majority stake in TERRAS Group, a Germany-based infrastructure engineering and construction services provider serving the DACH region.
TERRAS delivers end-to-end capabilities across planning, execution and disposal to public and private customers, with specialist expertise in regional civil engineering, special foundation engineering, rail construction, engineering services and related resources. TERRAS serves clients across the mobility, energy, digital, water and urbanization end markets. The company is supported by Germany’s significant infrastructure investment needs, an accelerating energy transition and growing demand for digital infrastructure.
H.I.G. plans to support the company’s next phase of expansion by increasing cluster density within its existing German markets while selectively expanding into new geographies. TERRAS’s co-founders,