H.I.G. Capital announced that one of its affiliates has entered into a definitive agreement to acquire a majority stake in TERRAS Group. Financial terms of the transaction were not disclosed.
TERRAS is headquartered in Montabaur, Germany, and provides infrastructure engineering and construction services across the DACH region. The company serves the mobility, energy, digital, water, and urban development sectors.
TERRAS delivers civil infrastructure solutions spanning regional infrastructure, specialty foundation engineering, rail construction, and related engineering services. The company’s co-founders, Dr. Dirk Sojka and Ralf Sojka, will reinvest alongside H.I.G. as part of the transaction.
H.I.G. said TERRAS is positioned for continued growth due to Germany’s infrastructure investment needs, the accelerating energy transition, and rising demand for digital infrastructure. The firm plans to support TERRAS’ next phase of expansion by increasing cluster density within existing German markets.
H.I.G. also plans to selectively expand TERRAS into new geographies. The strategy is intended to scale the company while maintaining the regional specialist model that has supported its growth.
Founded in 2014, TERRAS provides end-to-end capabilities across planning, execution, and disposal for public and private customers. The company has specialist expertise in regional civil engineering, special foundation engineering, rail construction, engineering services, quarries, soil depots, and recycling.
TERRAS operates through a regional cluster model that combines local entrepreneurship with centralized governance, procurement, and best-practice sharing. This platform approach is designed to support expansion while preserving the entrepreneurial culture of local infrastructure specialists.
H.I.G. Capital is a global alternative investment firm with $75 billion of capital under management. The firm invests across equity, debt, real estate, and infrastructure strategies.
Since its founding in 1993, H.I.G. has invested in and managed more than 400 companies worldwide. Its current portfolio includes more than 100 companies with combined sales exceeding $53 billion.
KEY QUOTES:
“TERRAS exemplifies the type of business we look to partner with – a founder-led platform with a proven formula operating in a large, structurally attractive market. Germany’s decades-long infrastructure investment backlog, coupled with the accelerating energy transition, provides an exceptional long-term growth opportunity for the Company. We are proud to be their partner for the next chapter, and we look forward to supporting the team as it scales TERRAS into a business of true national and European significance.”
Rohin Jain, Managing Director at H.I.G. Middle Market Europe
“When we founded TERRAS, we had a clear vision to build a platform capable of delivering the full civil infrastructure value chain while preserving the entrepreneurial culture that makes regional specialists so successful. Today, that vision is becoming a reality, and we believe we are only at the beginning of our journey. H.I.G. has a deep understanding of our business and a proven track record of partnering with founder-led companies to support our next phase of growth.”
Dr. Dirk Sojka and Ralf Sojka, Co-Founders of TERRAS
