H.I.G. Exits Safe-Guard, Sells to Goldman Sachs
December 27, 2012- Share:
H.I.G. Capital has sold its portfolio company, Safe-Guard Products International, to Goldman Sachs. Safe-Guard provides finance and insurance products to the automotive aftermarket industry, as well as the RV, marine and motorcycle/powersports segments. Since H.I.G. acquired the company in 2007, Safe-Guard’s annual revenue has nearly tripled, thanks to investments in its team, infrastructure and program offerings.
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