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H.I.G. Capital, LLC

MISTRAS says it entered agreement to be acquired by H.I.G. Capital affiliates

September 18, 2026 press release Manager profile

Summary: MISTRAS Group said it entered into a definitive agreement to be acquired by affiliates of H.I.G. Capital in an all-cash transaction. The release includes public-company transaction caveats, including go-shop, approval, and closing-condition language, and should be handled as a source-attributed transaction announcement rather than investment advice.

Why it matters: The update may matter to due-diligence readers as a public-company take-private agreement involving H.I.G., while it should not be read as a recommendation, stock-price view, valuation endorsement, deal-certainty conclusion, or investment-merit claim.

9AT filing context: Public adviser/profile context can identify H.I.G. Capital, LLC as CRD 160711, SEC file 801-74338, and about $72.3B in ADV-reported profile scale. No 13F or Form 5500 context is included because the useful public support is the issuer/GlobeNewswire transaction release.

Summary

MISTRAS Group said it entered into a definitive agreement to be acquired by affiliates of H.I.G. Capital in an all-cash transaction. The verifier recovered the GlobeNewswire release and a Quiver page exposing the full release link/body; the release supports the buyer identity, all-cash structure, approximate enterprise value, go-shop/approval caveats, and expected closing timing.

This draft treats the transaction terms and process details as source-attributed public-company release facts. It does not express a view on MISTRAS shares, valuation fairness, deal certainty, shareholder voting, regulatory approval likelihood, H.I.G. returns, fund exposure, or investment merit.

Why it matters

For due-diligence readers, the useful signal is a public take-private agreement involving H.I.G. It can help readers monitor H.I.G. deal flow, sector exposure, and the specific public process caveats that should be checked before treating the transaction as completed.

The signal is bounded. A definitive agreement is not a closed transaction, and public-company releases often include conditions, approvals, go-shop or termination provisions, and timing assumptions that can change. This draft should stay descriptive and source-attributed rather than drawing conclusions about securities value or transaction outcome.

Source notes

9AT filing context

Public adviser/profile context can identify H.I.G. Capital, LLC as CRD 160711, SEC file 801-74338, and about $72.3 billion in ADV-reported profile scale. That context is identity background only and does not validate the transaction, price, enterprise value, closing conditions, approvals, or investment merit.

No 13F or Form 5500 context is included. The relevant public support is the issuer/source-party transaction release and any future issuer filings or merger materials, not public-equity holdings or employee-benefit-plan data.

What to watch

Watch for MISTRAS, H.I.G., SEC filing, proxy, shareholder-vote, go-shop, regulatory, financing, and closing materials that clarify process milestones, competing proposals, approval status, termination rights, closing conditions, timing, and whether the announced agreement closes on the disclosed terms.

Source links