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Private Equity

HIG Capital completes acquisition of CargoTuff

privateequitywire

4 months ago

1,271 views

An affiliate of alternative investment firm HIG Capital has completed the acquisition of CargoTuff, a manufacturer and distributor of load securement products. CargoTuff’s management team, led by Co-CEOs Helmut Elze and Selim Akdogan, will continue to lead the company. Founded in 2014 and headquartered in Virginia, CargoTuff manufactures a complete line of dunnage airbags, lashing, strapping, and related load securement solutions used across rail, ocean, truck, and intermodal shipping applicatio...

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