Home > M&A deals 2019 > H.I.G. Capital LLC (HIG) and Rho Acceleration invest in Passport Labs, Inc.
Venture · Internet Software and Services · December 2019

H.I.G. Capital LLC (HIG) and Rho Acceleration invest in Passport Labs, Inc.

On December 16, 2019, H.I.G. Capital LLC (HIG) and Rho Acceleration invested in Passport Labs, Inc., an internet software and services company in North Carolina, United States.

Deal at a glance

AnnouncedDecember 16, 2019 TypeVenture TargetPassport Labs, Inc. Buyers H.I.G. Capital LLC (HIG)
Rho Acceleration SectorInternet Software and Services LocationNorth Carolina, United States ValueNot disclosed

Target company

Passport Labs, Inc.
North Carolina, United States
Internet Software and Servicessector
-founded
Activestatus
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Buyers (2)

H.I.G. Capital LLC (HIG) Lead
Private equity firm · 145 deals on record
Rho Acceleration Co-investor
Company · 2 deals on record
  • 5th transaction for the lead buyer in internet software and services
  • 66th transaction in United States
145deals, all time
7in this sector
2026latest

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Questions about this deal

Who acquired Passport Labs, Inc.?H.I.G. Capital LLC (HIG) and Rho Acceleration invested in Passport Labs, Inc. on December 16, 2019.

What type of deal was it?It was a venture in the internet software and services sector in 2019.

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