H.I.G. Capital Acquires AED Group

H.I.G. Capital Acquires AED Group

aed nfHolland Services, a portfolio company of H.I.G. Capital, has completed the acquisition of the AED Group. H.I.G. Capital acquired Holland Services in June 2013.

AED Group researches, acquires and services land used by multi-national and domestic energy firms. The company was founded in 2005 by Matthew Anderson and is based in Denver (www.aedgrp.com).

“Matthew has done a tremendous job building AED Group into a well-respected, professional land services company,” said Bryan Gaudin, Chief Operating Officer of Holland Services. “The combination of Holland and AED Group has created the pre-eminent, technology-driven land services business with the resources to deliver superior service in each of the major and emerging basins.”

Holland Services provides land advisory services to companies operating in the oil and gas, transportation, utilities, telecommunications and power industries. Services include acquiring, selling and developing land and mineral rights. The company was founded in 1985 and is headquartered in Fort Worth with additional offices in Houston and Pittsburgh (www.hollandservices.com).

“Holland continues to set new standards of excellence in helping its clients with a full complement of land solutions,” said Jeff Zanarini, a Managing Director of H.I.G. “With information-based professional land services working in all phases of the energy and transportation industries, Holland continues to expand its national platform to meet nearly any land advisory requirement. The AED acquisition adds tremendous complementary value to the Holland value proposition by establishing a high-growth presence in the Western United States and by expanding its blue-chip customer base.”

H.I.G. Capital specializes in providing capital to small and medium-sized companies and invests in management-led buyouts and recapitalizations of manufacturing or service businesses. H.I.G. Capital has more than $15 billion of capital under management. The firm was founded in 1993 and is based in Miami with additional offices in Atlanta, Boston, Chicago, Dallas, New York, San Francisco, London, Hamburg, Madrid, Milan, Paris, and Rio de Janeiro (www.higcapital.com).

© 2014 PEPD • Private Equity’s Leading News Magazine • 3-11-14

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