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HIG creates building tech services group

HIG Capital has acquired Synecore Limited and Meesons Futures Limited, which will now be combined with HIG’s existing portfolio companies, CPS and Classic Lifts, to form the Andwis Group, a new property focused technical services provider. 

HIG Capital (HIG) has acquired Synecore Limited (Synecore) and Meesons Futures Limited (Meesons), which will now be combined HIG’s existing portfolio companies, CPS and Classic Lifts, to form the Andwis Group, a new property focused technical services provider. 

The financial terms of the transactions have not been disclosed.
 
Synecore specialises in the delivery and maintenance of HVAC, electrical, air conditioning, and refrigeration services to the hospitality, retail, leisure, and commercial sectors. Synecore, and its network of engineers and suppliers, provides both maintenance and installation services, often supporting site rollout and refurbishment programs.
 
Founded in 1864, Meesons is a physical security and entrance control solutions provider for both critical national infrastructure and the data centre, corporate, and leisure sectors. Meesons, and its team of security experts, provide its clients with certified physical security systems, including portals, speed gates, revolving doors, turnstile, and hostile vehicle mitigation solutions.
 
HIG says it expects to make future acquisitions into Andwis across both existing service lines of M&E and lifts, and through the addition of fire protection, access and security, and associated compliance services.
 
 

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