H.I.G. Capital has recently announced that one of its affiliates has acquired Classic Lifts Limited. H.I.G. is a global alternative assets investment firm based in Miami and with offices around the world. Classic provides lift installation and maintenance services from seven branches across the UK.

Classic follows on from H.I.G.’s acquisition of CPS, a mechanical and electrical building services provider in the UK, as the second business within a broader technical building services group. It will form the core of the lift installation and maintenance offering within the group. Further acquisitions are anticipated across fire protection, water and pumps, access and security, and associated compliance services.

Keith Snow, CEO of Classic, remarked, “We are very pleased to be joining H.I.G. as they work to build a leading technical building services group that shares our focus on customer service. This is the start of the next phase of growth for Classic as we look to continue our M&A strategy and build on customer relationships across both Classic and CPS.”

John Harper, Managing Director at H.I.G., said, “We are very excited to be partnering with Keith and the Classic team to build on the Company’s track-record of success. Classic’s long-term growth record, talented staff and strong reputation with their customers were core to our interest in the business. We are pleased that the team has decided to join our group of technical building services companies.”