Home > M&A deals 2015 > H.I.G. Capital LLC (HIG) acquires Universal Fibers LLC
Secondary Buyout · Apparel & Textiles · October 2015

H.I.G. Capital LLC (HIG) acquires Universal Fibers LLC

On October 5, 2015, H.I.G. Capital LLC (HIG) acquired Universal Fibers LLC, an apparel & textiles company in Virginia, United States, from The Sterling Group LP, The Stephens Group LLC and Stephens Capital Partners.

Deal at a glance

AnnouncedOctober 5, 2015 TypeSecondary Buyout TargetUniversal Fibers LLC Buyer H.I.G. Capital LLC (HIG) Sellers The Sterling Group LP
The Stephens Group LLC
Stephens Capital Partners SectorApparel & Textiles LocationVirginia, United States ValueNot disclosed

Target company

Universal Fibers LLC
Virginia, United States
Apparel & Textilessector
1980founded
Activestatus
View the company profile →

Buyer

H.I.G. Capital LLC (HIG)
Private equity firm · 145 deals on record
  • 1st transaction in apparel & textiles
  • 34th transaction in United States
145deals, all time
1in this sector
2026latest

Sellers (3)

The Sterling Group LP
Private equity firm · 42 deals on record
The Stephens Group LLC
Private equity firm · 68 deals on record
Stephens Capital Partners
Private equity firm
42investments
1in this sector
21exits

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Questions about this deal

Who acquired Universal Fibers LLC?H.I.G. Capital LLC (HIG) acquired Universal Fibers LLC on October 5, 2015.

Who sold Universal Fibers LLC?The Sterling Group LP, The Stephens Group LLC and Stephens Capital Partners were the sellers.

What type of deal was it?It was a secondary buyout in the apparel & textiles sector in 2015.

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