H.I.G. backs Inventus

H.I.G. Capital said Wednesday it completed an investment in Inventus Power, adding a battery-systems manufacturer to its private-equity portfolio. (prnewswire.com) The deal was announced on April 15, 2026. H.I.G. said the investment was made by one of its affiliates, but it did not disclose the purchase price or the size of the stake. (prnewswire.com) Inventus Power is based in Woodridge, Illinois, and makes custom battery packs, chargers and power supplies for original equipment manufacturers in medical, industrial, military, consumer and electric-vehicle-adjacent markets. The company says it operates across the United States, Mexico, China and Brazil. (hig.com, inventuspower.com) Battery-system suppliers sit a layer below the better-known electric-vehicle brands. They design the packs, electronics and charging gear that let devices, carts, medical tools and industrial equipment run safely on rechargeable power. (inventuspower.com, inventuspower.com) That makes Inventus a bet on the spread of battery-powered hardware beyond passenger cars. Its product pages span lithium-ion packs, lithium iron phosphate packs, chargers and docking systems for portable, stationary and motive applications. (inventuspower.com, inventuspower.com) H.I.G. is a large buyer in that market. The firm said it has $74 billion of capital under management, and its private-equity strategy targets buyouts, recapitalizations and corporate carve-outs in manufacturing and service businesses. (prnewswire.com) The regulatory trail shows the transaction had already reached United States antitrust review. A Federal Trade Commission early-termination notice lists H.I.G. Middle Market LBO Fund IV as the acquiring party in a filing dated March 17, 2026, for Inventus Power Holdings, LLC. (ftc.gov) Inventus Chief Executive Officer Patrick Trippel said the company plans to use the partnership to push its battery-systems strategy further. H.I.G. Managing Director Peter Hart said the firm sees room to build on Inventus’s engineering base and customer relationships. (prnewswire.com) What comes next is likely to be measured in factory output, product mix and add-on deals, not a ticker symbol. H.I.G. now owns a supplier whose batteries already sit inside other companies’ equipment. (hig.com, inventuspower.com)