HedgeCo.Net — H.I.G. Capital on September 29, 2026 announced that one of its affiliates completed the acquisition of Torque Holdings Limited, a UK provider of omni-channel fulfilment services, according to H.I.G.’s PR Newswire release. The transaction closed in partnership with Torque’s management team, which will continue to lead the business, including CEO Stewart Firth.
Torque offers warehousing and fulfilment, inventory and returns management, and international freight forwarding to premium and high-growth consumer brands across eCommerce, retail, and wholesale channels. H.I.G. managing director Adam Taylor, based in London, was quoted on using the firm’s operational resources, international network, and M&A capabilities to support Torque’s next phase of growth. Financial terms were not disclosed.
H.I.G. described itself as a global alternative investment firm with $75 billion of capital under management. Regional coverage, including Insider Media, characterized Torque as a sizeable UK fulfilment platform; Squire Patton Boggs published a client note on advising H.I.G. on the investment. The sponsor thesis centers on capacity expansion, warehouse technology, and potential add-on M&A rather than a disclosed purchase multiple.
For European mid-market PE desks, the hard marks are the September 29 close announcement, H.I.G. as buyer, management continuity under Stewart Firth, Torque’s UK fulfilment footprint, and undisclosed terms. Do not invent enterprise value, leverage, or headcount figures beyond what H.I.G. and credible regional coverage published.