H.I.G. Capital Acquires CargoTuff for Supply Chain Protection Expansion

Event summary

  • H.I.G. Capital completed the acquisition of CargoTuff on February 5, 2026.
  • CargoTuff is a Virginia-based manufacturer of load securement products for rail, ocean, truck, and intermodal shipping.
  • The company serves diversified end markets including transportation, logistics, consumer goods, and industrial sectors.
  • CargoTuff's management team, led by Co-CEOs Helmut Elze and Selim Akdogan, will continue to lead the company.

The big picture

H.I.G. Capital's acquisition of CargoTuff underscores the increasing focus on supply chain protection and logistics efficiency. With $74 billion in capital under management, H.I.G. is positioning itself to capitalize on the growing demand for reliable load securement solutions across multiple transportation modes. This deal highlights the strategic importance of vertically integrated manufacturing in the logistics sector.

What we're watching

Strategic Expansion
How H.I.G. will leverage CargoTuff's vertically integrated manufacturing to expand its product capabilities and global footprint.
Market Positioning
Whether CargoTuff can maintain its industry-leading quality and service levels while scaling efficiently under new ownership.
Operational Integration
The pace at which H.I.G. integrates CargoTuff's operations to meet growing global customer demand.

Related topics

Acquisition