PE Tech Report

NEWSLETTER

Like this article?

Sign up to our free newsletter

HIG Capital acquires Teleflex Marine

An affiliate of private investment firm HIG Capital has acquired the Marine business (Teleflex Marine) from Teleflex Incorporated. Headquartered in Litchfield, Illinois with operations around the world, Teleflex Marine is a leading provider of OEM and aftermarket steering and control products and accessories for the global recreational marine and related markets.

 

The company maintains industry leading market positions in the US and internationally with its SeaStar, Sierra, BayStar, Prime Line, and Proheat brands.

“We are excited to team up with HIG to grow our business and build on our market leading positions. As an independent entity, we will maintain our commitment to delivering the highest quality products and service to our customers, who have been the most important part of our success.”

Yvan Cote, the CEO of Teleflex Marine says: “We are excited to team up with HIG to grow our business and build on our market leading positions. As an independent entity, we will maintain our commitment to delivering the highest quality products and service to our customers, who have been the most important part of our success.”

Chris Laitala, a Managing Director at HIG says: “The management and employees of Teleflex Marine have demonstrated an excellent track record in sales growth, product quality, and product innovation. We look forward to working with the team to expand the scope of Teleflex Marine’s products and services while continuing to provide exceptional customer service.”

Like this article? Sign up to our free newsletter

MOST POPULAR

FURTHER READING

Featured