The HiGro Group
The HiGro Group is a New York-based lower middle market private equity firm founded in 2016 that invests in founder-led business services companies through control buyouts and bolt-on acquisitions across government, healthcare, hospitality, and document management verticals.
- Company typePrivate
- Founded2016
- HeadquartersNew York, United States
- Headcount1–10
- GTM typeB2B
- OfferingServices
What The HiGro Group does
The HiGro Group is a New York-based lower middle market private equity firm founded in 2016 that invests in founder-led and family-owned business services companies at the intersection of human expertise and technological capability. The firm targets control or majority buyouts with earnout and rollover equity structures, deploying platform investments of $30M-$100M in companies with $15M-$50M revenue and $3M-$10M EBITDA, supplemented by $1M-$10M bolt-on acquisitions. HiGro runs a buy-and-build strategy across multiple platforms: Daida (enterprise content management serving healthcare, education, finance, and government); CSA Services (technical repair and maintenance for healthcare and critical power); ProPencity (government business process outsourcing); and Professional Linen Companies (hospitality linen management). The firm has completed 14 transactions since inception and reports 500+ ownership conversations and 500+ opportunities assessed annually, deploying a Fortune 500 procurement network post-close to accelerate organic growth across portfolio companies.
The firm's technology stack is anchored by Scan-Optics' easy.forward™ platform, an AI-powered document processing system featuring machine learning and robotic process automation, with 20+ patents and a 4 million pages-per-day production capacity. Portfolio companies hold SOC II, HIPAA, and CJIS certifications, enabling them to serve regulated government and healthcare end markets. Beyond direct investing, HiGro has sponsored two SPAC vehicles — Focus Impact Acquisition Corporation (2021, in partnership with Governor Wes Moore) and Focus Impact BH3 Acquisition Company (2023) — which completed business combinations taking DevvStream (Nasdaq: DEVS, 2024) and XCF Global (Nasdaq: SAFX, 2024) public as the first carbon credit generation and pure-play sustainable aviation fuel companies on a major U.S. exchange, respectively.
HiGro generates returns through equity ownership in portfolio companies, with revenue realized via portfolio company exits, dividends, and management fees. Distribution is relationship-driven: the firm builds direct relationships with business owners 12-24 months pre-transaction, conducts 500+ ownership conversations annually, and welcomes introductions from investment bankers and intermediaries. End customers of portfolio companies span state and local government, healthcare providers, hospitality operators, higher education institutions, insurance companies, and financial services firms, with operations across 12 U.S. states. The firm operates with a small investment team of 1-10 employees (two Managing Partners, one Head of Origination Partner, plus an Associate and Analyst) while the underlying portfolio employs 500+ skilled tradespeople and credentialed professionals.
The HiGro Group firmographics
Firmographics- Name
- The HiGro Group
- Legal name
- The HiGro Group LLC
- Website
- https://higrogroup.com
- Company type
- Private
- Founded year
- 2016
- Operating status
- Operating
- Headcount range
- 1–10 employees
- Short description
- The HiGro Group is a New York-based lower middle market private equity firm founded in 2016 that invests in founder-led business services companies through control buyouts and bolt-on acquisitions across government, healthcare, hospitality, and document management verticals.
- Ownership category
- akta.pro rank
The HiGro Group industry classification
Industry- Product category
- Private Equity Investment Management
- NAICS
- Offices of Other Holding Companies (551112), Corporate, Subsidiary, and Regional Managing Offices (551114), Management of Companies and Enterprises (5511)
- akta.pro primary industry
- Intercompany & Consolidation Support (Eliminations, Group Reporting Support) (BPAAAGAG)
Keywords
Where The HiGro Group is headquartered
LocationHeadquarters
- HQ city
- New York
- HQ country
- United States
- HQ region
- North America
Offices1 record
Markets served
The HiGro Group business model
Business model- GTM type
- B2B
- Offering type
- Services
- Cost components
- Personnel, Operations, Technology or R&D, Marketing or Sales, Others
Revenue model
- Private Equity Fund Management and Portfolio Returns: HiGro generates returns through equity ownership in portfolio companies. Value creation occurs through operational transformation, strategic consolidation, and commercial network access. Revenue is realized through portfolio company exits, dividends, and management fees.
Pricing tiers
| Model | Billing | Price |
|---|---|---|
| Other | Multi-year contract | Platform Investment: $30M-$100M transaction size, $15M-$50M revenue, $3M-$10M EBITDA |
| Other | Multi-year contract | Add-On Acquisition: $1M-$10M transaction size, $1M-$20M revenue, $500K-$5M EBITDA |
Go-to-market motion1 record
Distribution channels1 record
Marketing channels2 records
The HiGro Group product offering
Product offeringCore offering
The HiGro Group is a lower middle market private equity firm that invests in business services companies at the intersection of human expertise and technological capability. Through control/majority buyouts ($30M–$100M) and add-on acquisitions ($1M–$10M), HiGro acquires founder-led and family-owned businesses and creates value via operational transformation, strategic consolidation (buy-and-build), and commercial network access. Portfolio platforms deliver services including enterprise content management (Daida), government business process outsourcing (ProPencity), hospitality linen management (Professional Linen Companies), and technical repair services for healthcare and critical power (CSA Services).
Product overview
HiGro Group operates a private equity platform strategy focused on business services companies at the intersection of human expertise and technological capability. The portfolio consists of multiple platform companies (Daida, ProPencity, Professional Linen Companies, CSA Services) and bolt-on acquisitions. Daida is the largest platform—an Enterprise Content Management company combining document digitization, intelligent document processing (via Scan-Optics with its AI-powered easy.forward platform), and workflow automation. ProPencity serves state and local government with business process outsourcing. Professional Linen Companies provides hospitality linen management services. CSA Services delivers technical repair and maintenance to healthcare and critical infrastructure sectors.
Differentiator
Problem solved
Functional benefit
Products and services
- Daida Enterprise Content Management platform serving Healthcare, Education, Finance, and Government verticals, combining document digitization, intelligent document processing (Scan-Optics easy.forward™), and workflow automation. Processes up to 4 million pages daily across national production facilities and serves more than 600 state and local government clients nationally.
- CSA Services
Companies that use The HiGro Group
Customer profileNamed customers6 records
Segments6 records
Ideal customer profiles3 records
The HiGro Group technology and API
TechnologyTechnology focussed No
API detail
- Has API
- No
- API docs
- API detail
Core technology
AI maturity
App detail
AI capability4 records
Feature2 records
The HiGro Group partnerships and signals
Strategic signalPartnerships
Four partnerships are on record, tiered minor.
- SCAN-HarborminorLargest youth service provider in Harlem, East Harlem, and the South Bronx — serving over 7,600 children and 1,000 families annually across 23 program sites.
- Sugar Hill Children's Museum of Art & StorytellingminorMuseum in Upper Manhattan at the intersection of Harlem and Washington Heights, providing children and families space to discover, create, and share art and stories.
- Democracy Prep Charter SchoolminorNetwork of 15 high-performing, free public charter schools educating over 5,300 scholars in New York, Las Vegas, and San Antonio. Founded in Harlem in 2005.
- Phillips 66minorLong-term offtake agreement for sustainable aviation fuel with XCF Global's New Rise Reno facility.
Scale indicators7 records
Recent moves8 records
Expansion highlights6 records
The HiGro Group competitors and assessment
Company assessmentDirect peers
- Pfingsten Partners: Pfingsten is a well-established LMM PE firm focused on business services and consumer products with a heavy operational-improvement and platform-building thesis — comparable in size, sector focus, and approach to HiGro.
- Mainsail Partners: Mainsail is a dedicated lower middle market growth-oriented PE firm focused on business services and industrial technology companies, frequently partnering with founders — a profile, scale, and strategy closely aligned with HiGro.
- Audax Group: Audax is one of the most active lower middle market PE platforms, executing repeatable buy-and-build strategies in business services and industrial tech — directly comparable to HiGro's platform-and-bolt-on model targeting $15M–$100M EBITDA businesses.
- Align Capital Partners: Align Capital Partners focuses on control and structured equity investments in lower middle market business services and industrial companies — similar transaction size range and founder-led sourcing approach to HiGro.
- Atlantic Street Capital: Atlantic Street Capital invests in lower middle market business services and technology-enabled services companies through control buyouts and add-ons, closely mirroring HiGro's sweet spot.
- Calvert Street Capital Partners: Calvert Street is a lower middle market PE firm focused on business services and consumer companies, partnering with founders and management teams — a near-direct peer in fund size and target profile.
- Trinity Hunt Capital Partners: Trinity Hunt is a lower middle market PE sponsor focused exclusively on business services with strong founder-relationships; its niche, fund size, and platform-building playbook closely mirror HiGro's.
- Tenex Capital Management: Tenex is an operationally-focused LMM PE firm investing in business services, healthcare services, and industrial — comparable sector mix and founder partnership model to HiGro.
Broad incumbents
- Genstar Capital: Genstar is a large-cap-focused PE sponsor with significant business services and government/tech services exposure; it regularly competes in the LMM-to-middle-market segment that HiGro targets.
- Veritas Capital: Veritas is a leading PE investor in government services and technology-enabled services businesses; Daida and ProPencity sit squarely in Veritas's historic wheelhouse, making it a relevant comparable incumbent.
Market position
Strengths4 records
Weaknesses4 records
Competitive moat6 records
Key risks5 records
Key highlights6 records
Customer concentration
The HiGro Group social profiles
Digital presenceThe HiGro Group compliance and trust
Trust signalCompliance3 records
The HiGro Group financial estimates
Financial estimateRevenue estimate
Valuation estimate
The HiGro Group leadership team
Management profileNumber of profiles
Profiles5 records
The HiGro Group subsidiaries and ownership
Company hierarchySubsidiaries6 records
The HiGro Group funding detail
Funding detailFunding overview
Funding rounds
Investors
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
The HiGro Group M&A and investment
M&A and investmentM&A1 record
Investments
M&A and investment is available on the Subscription and Enterprise plan.Contact sales →
Frequently asked questions about The HiGro Group
What does The HiGro Group do?
The HiGro Group is a lower middle market private equity firm that invests in business services companies at the intersection of human expertise and technological capability. Through control/majority buyouts ($30M–$100M) and add-on acquisitions ($1M–$10M), HiGro acquires founder-led and family-owned businesses and creates value via operational transformation, strategic consolidation (buy-and-build), and commercial network access. Portfolio platforms deliver services including enterprise content management (Daida), government business process outsourcing (ProPencity), hospitality linen management (Professional Linen Companies), and technical repair services for healthcare and critical power (CSA Services).
Is The HiGro Group a public or private company?
The HiGro Group is a private company. It is classified as founder individual operated bootstrapped and is currently operating.
When was The HiGro Group founded?
The HiGro Group was founded in 2016. It employs 1 to 10 people.
Where is The HiGro Group based?
The HiGro Group is headquartered in New York, United States, in the North America region.
How does The HiGro Group make money?
One revenue line is on record: private Equity Fund Management and Portfolio Returns.
Who are The HiGro Group's main competitors?
Direct peers on record are Pfingsten Partners, Mainsail Partners, Audax Group, Align Capital Partners, Atlantic Street Capital, Calvert Street Capital Partners, Trinity Hunt Capital Partners and Tenex Capital Management. Broad incumbents are Genstar Capital and Veritas Capital.
Does The HiGro Group have an API?
No public API is recorded for The HiGro Group.
What industry is The HiGro Group in?
The HiGro Group's product category is Private Equity Investment Management. Its primary akta.pro industry code is BPAAAGAG, Intercompany & Consolidation Support (Eliminations, Group Reporting Support). Its NAICS code is 551112.