Press Release

Morgan Lewis Advises H.I.G. Capital on Definitive Agreement to Acquire TERRAS

July 08, 2026

MUNICH, July 8, 2026: Morgan Lewis advised H.I.G. Capital, an alternative investment firm with approximately $75 billion of capital under management, on its definitive agreement to acquire TERRAS, an environmental and infrastructure service provider. The transaction is subject to customary closing conditions and regulatory approvals.

TERRAS offers a broad range of solutions across waste management, recycling, remediation, and related industrial services. Through its network of regional operating companies, TERRAS serves public- and private-sector clients throughout Germany.

H.I.G. Capital specializes in providing both debt and equity capital to middle market companies. This acquisition supports H.I.G.’s next phase of expansion by strengthening its presence in existing German markets while strategically expanding into new geographies.

The Morgan Lewis team was led by partners Florian Harder, and supported by partner Walter Ahrens and associates Sven Oppermann, Heinrich Stirtz, Joice Zhang, and Jonas Weimert.