H.I.G. Capital, a global alternative investment firm with $74 billion of capital under management, announced that one of its affiliates has completed the acquisition of Inventus Power, a global provider of advanced battery and power systems.
Headquartered in Woodridge, Illinois, Inventus Power designs and manufactures highly engineered lithium-ion battery solutions for a wide range of end markets, including military, medical, industrial and fleet, and consumer applications. The company works closely with customers to develop customized power systems embedded within end platforms, supporting long lifecycle use in mission critical environments.
Inventus Power operates within a rapidly expanding global market driven by electrification trends, broader lithium-ion adoption, and ongoing technological innovation. With operations across the United States, Mexico, China, and Brazil, the company has built a reputation for engineering excellence and delivering reliable, high performance power solutions.
The acquisition positions H.I.G. Capital to support Inventus Power’s continued growth and strategic initiatives as demand for advanced energy solutions accelerates globally.
Founded in 1960, Inventus Power provides a comprehensive portfolio of products, including custom and standard lithium-ion battery packs, smart chargers, and power supplies. The company serves OEM customers across aerospace and defense, fleet, medical, industrial, and consumer sectors, supported by a global footprint of manufacturing facilities, engineering centers, and integrated capabilities spanning design, testing, and certification.
KEY QUOTES
“We are excited to partner with H.I.G. to further our ambitions of being a leading global provider of advanced battery systems. This is a testament to the hard work and dedication of our team, whose relentless focus and dedication has built the Company into what it is today. We look forward to the next chapter alongside our partners at H.I.G.”
Patrick Trippel, Chief Executive Officer, Inventus Power
“Inventus Power has built an impressive platform driven by innovation, quality, and deep customer partnerships. We believe the Company is well positioned to capitalize on growing demand for advanced energy solutions, and we are eager to support management in accelerating its strategic initiatives.”
Peter Hart, Managing Director, H.I.G. Capital
