HIG joined forces with the management team, led by CEO David Mac Isaac and chief operating officer Joe Rogan, to consummate the recapitalisation. The company is implementing remote monitoring technology (RMS).
Michael Phillips, MD at HIG Capital, said: “We are very excited to invest in Next Generation along with its exceptional management team. Management’s outstanding track record and ability to close 11 acquisitions over the past three years, while significantly improving profitability, is a testament to the team’s capabilities and depth.
“We look forward to assisting Next Generation to continue to grow its footprint and implement RMS technology.”
Source: HIG
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