H.I.G. Capital Completes Acquisition of Torque Holdings
Global alternative asset manager H.I.G. Capital has finalized its takeover of Torque Holdings Limited, the firm announced.
H.I.G. Capital, a London-based global alternative asset management firm overseeing approximately $75 billion in assets under management, has closed its acquisition of Torque Holdings Limited, the company announced Sept. 29, 2026.
A subsidiary of H.I.G. Capital executed the transaction, according to the firm's statement. The deal adds Torque to H.I.G.'s expanding portfolio of alternative investments across global markets.
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H.I.G. Capital is among the largest alternative asset managers operating internationally, with a broad investment mandate spanning private equity, credit, and real assets. The completion of the Torque transaction signals continued dealmaking activity within the alternative investment sector despite broader macroeconomic uncertainty.
Terms of the transaction were not disclosed in the announcement. The acquisition reflects ongoing consolidation trends in the financial services industry, where large alternative managers have increasingly pursued strategic bolt-on acquisitions to expand their market reach and capabilities.
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