H.I.G. Capital Completes Acquisition of Premier Forge Group

Rhea-AI Summary

H.I.G. Capital, a global alternative investment firm with $75 billion under management, has completed the acquisition of Premier Forge Group (PFG). PFG manufactures highly complex, mission-critical forged components for aerospace, defense, and specialty industrial applications from facilities in Indiana, California, and Kentucky.

According to H.I.G., the partnership will support continued investment in PFG’s manufacturing capabilities, engineering expertise, workforce, and customer relationships to meet growing demand and serve next-generation aerospace, defense, and industrial platforms.

Positive

• Acquisition of Premier Forge Group by an H.I.G. Capital affiliate is completed
• PFG adds aerospace, defense, and specialty industrial forged-components platform
• PFG operates manufacturing sites in Indiana, California, and Kentucky
• H.I.G. plans continued investment in PFG’s capabilities and operations

Negative

• None.

News Market Reaction – WHF

+1.67%

+1.67% Session close to close

In the Jun 29 session, WHF gained 1.67%, reflecting a mild positive market reaction.

Data tracked by StockTitan Argus on the day of publication.

Market Context

This announcement highlights H.I.G. Capital’s deployment of $75 billion in managed capital into aero...

Analysis

This announcement highlights H.I.G. Capital’s deployment of $75 billion in managed capital into aerospace and defense manufacturing. Investors may watch future WHF disclosures for any linkage to this transaction and its impact on income and portfolio risk.

Key Figures

Capital under management: $75 billion

1 metrics

Capital under management $75 billion Capital under management at H.I.G. Capital

Historical Context

4 past events · Latest: May 07 (Neutral)

Pattern 4 events

Date	Event	Sentiment	24h Move	Catalyst
May 07	Quarterly earnings	Neutral	-0.3%	Q1 2026 earnings and $0.25 per share distribution announcement.
Apr 23	Earnings date set	Neutral	+0.8%	Announcement of Q1 2026 results release date and conference call.
Mar 02	Earnings and dividends	Positive	+6.7%	Q4 and full‑year 2025 results plus regular and supplemental distributions.
Feb 20	Earnings date set	Neutral	-2.7%	Scheduling of Q4 and full‑year 2025 results and conference call.

24h Move is the share-price change in the day after each event; other market factors may also have contributed.

Pattern Detected

Recent earnings and scheduling headlines have led to modest, generally aligned price reactions.

Key Terms

oems, closed-die, rolled-ring forgings

3 terms

oems technical

"partners with leading OEMs and suppliers to manufacture complex closed-die"

OEMs, or Original Equipment Manufacturers, are companies that produce the main components or products that other companies use to build finished goods. For investors, OEMs are important because their performance can influence the supply chain, manufacturing costs, and overall market trends in industries like technology, automotive, and electronics. Their success often reflects broader economic health and consumer demand.

closed-die technical

"to manufacture complex closed-die, upset, and rolled-ring forgings for"

Closed-die describes a metal-shaping process where heated metal is squeezed between two matching molds that enclose the piece, forcing the metal to take a precise, finished shape. For investors, it signals higher-value manufacturing because parts made this way are stronger, more consistent, and often require specialized equipment and skilled labor, which can mean better product margins and higher barriers to competition—like turning rough clay into a finished ceramic in one press.

rolled-ring forgings technical

"closed-die, upset, and rolled-ring forgings for demanding aerospace, defense,"

Rolled-ring forgings are large, seamless metal rings made by heating a solid round piece and compressing it while it spins or is rolled outward, like shaping clay on a potter’s wheel into a hollow ring. Investors care because these parts are critical components in heavy machinery, energy and aerospace equipment; the process is capital-intensive and tied to long-term contracts and supply constraints, so demand, pricing and production capacity can materially affect a manufacturer's revenue and margins.

AI-generated analysis. How Rhea-AI works. Not financial advice.

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MIAMI, June 29, 2026 /PRNewswire/ -- H.I.G. Capital ("H.I.G."), a leading global alternative investment firm with $75 billion of capital under management, is pleased to announce that one of its affiliates has completed the acquisition of Premier Forge Group ("PFG" or the "Company"), a leading manufacturer of highly complex, mission-critical forged components for aerospace, defense, and specialty industrial applications.

PFG, headquartered in Portland, Indiana, with additional manufacturing locations in Azusa, California, and Lebanon, Kentucky, partners with leading OEMs and suppliers to manufacture complex closed-die, upset, and rolled-ring forgings for demanding aerospace, defense, and specialty industrial applications. The Company's differentiated manufacturing capabilities, engineering expertise, and long-standing customer relationships support products requiring stringent performance, quality, and reliability standards.

Anthony Chambers, Managing Director at H.I.G., said, "Management has established PFG as a trusted supplier of mission-critical forged components. The Company offers differentiated manufacturing capabilities, deep engineering expertise, and a strong reputation for quality and reliability. We are excited to partner with Timm and the broader management team to support continued investment in the Company's capabilities, helping meet growing customer demand while strengthening the domestic industrial base."

Timm Fields, Chief Executive Officer of PFG, added, "This partnership marks an exciting new chapter for PFG. H.I.G. brings significant capital and operational resources, and we share a common vision for the Company's future. Together, we will continue investing in our people, operations, and customer relationships while expanding our capabilities to support the next generation of aerospace, defense, and industrial platforms and programs."

About Premier Forge Group

Premier Forge Group manufactures precision forged components for critical aerospace, defense, and industrial applications. The Company serves leading OEMs and suppliers across a range of high-performance aerospace, defense, and industrial platforms requiring exacting quality, reliability, and performance standards. PFG was founded in 1967 and operates three U.S.-based facilities that leverage decades of operational experience to deliver consistent quality and reliability. For more information, visit premierforge.com.

About H.I.G. Capital

H.I.G. is a leading global alternative investment firm with $75 billion of capital under management.* Based in Miami, and with offices in Atlanta, Boston, Chicago, Los Angeles, New York, San Francisco, and Stamford in the United States, as well as international affiliate offices in Hamburg, London, Luxembourg, Madrid, Milan, Paris, Bogotá, Rio de Janeiro, Dubai, and Hong Kong, H.I.G. specializes in providing both debt and equity capital to middle market companies, utilizing a flexible and operationally focused/value-added approach:

• H.I.G.'s equity funds invest in management buyouts, recapitalizations, and corporate carve-outs of both profitable as well as underperforming manufacturing and service businesses.
• H.I.G.'s debt funds invest in senior, unitranche, and junior debt financing to companies across the size spectrum, both on a primary (direct origination) basis, as well as in the secondary markets. H.I.G. also manages a publicly traded BDC, WhiteHorse Finance.
• H.I.G.'s real estate funds invest in value-added properties, which can benefit from improved asset management practices.
• H.I.G. Infrastructure focuses on making value-add and core plus investments in the infrastructure sector.

Since its founding in 1993, H.I.G. has invested in and managed more than 400 companies worldwide. The Firm's current portfolio includes more than 100 companies with combined sales in excess of $53 billion. For more information, please refer to the H.I.G. website at hig.com.

*Based on total capital raised by H.I.G. Capital and its affiliates.

Contact:

Anthony Chambers
Managing Director
achambers@hig.com

H.I.G. Capital
1450 Brickell Ave
31st Floor
Miami, FL 33131
P: 305.379.2322
hig.com

View original content to download multimedia:https://www.prnewswire.com/news-releases/hig-capital-completes-acquisition-of-premier-forge-group-302813220.html

SOURCE H.I.G. Capital, LLC

FAQ

What did H.I.G. Capital announce about Premier Forge Group on June 29, 2026 (NYSE:WHF)?

H.I.G. Capital announced that an affiliate has completed the acquisition of Premier Forge Group. According to H.I.G., PFG produces highly complex, mission-critical forged components for aerospace, defense, and specialty industrial markets from multiple U.S. manufacturing locations.

Who is Premier Forge Group and what markets does it serve after the H.I.G. Capital acquisition (WHF)?

Premier Forge Group is a manufacturer of mission-critical forged components for aerospace, defense, and specialty industrial applications. According to H.I.G., PFG supplies complex closed-die, upset, and rolled-ring forgings to leading OEMs and suppliers that require stringent performance, quality, and reliability standards.

How might the H.I.G. Capital acquisition of Premier Forge Group impact its growth plans (NYSE:WHF)?

The acquisition is expected to support continued investment in Premier Forge Group’s capabilities. According to H.I.G., the partnership aims to enhance PFG’s engineering, manufacturing capacity, and customer relationships to meet growing demand and support next-generation aerospace, defense, and industrial platforms and programs.

Where are Premier Forge Group’s manufacturing facilities located following the H.I.G. Capital deal (WHF)?

Premier Forge Group is headquartered in Portland, Indiana, with additional manufacturing in Azusa, California, and Lebanon, Kentucky. According to H.I.G., these facilities produce complex forged components for demanding aerospace, defense, and specialty industrial applications across multiple customer programs.

What strategic benefits does H.I.G. Capital highlight from acquiring Premier Forge Group (NYSE:WHF)?

H.I.G. Capital highlights PFG’s differentiated manufacturing capabilities, deep engineering expertise, and strong reputation with customers. According to H.I.G., the firm plans to provide capital and operational resources to strengthen PFG’s domestic industrial base and support growing customer demand in its target markets.

How will Premier Forge Group operate under H.I.G. Capital’s ownership going forward (WHF)?

Premier Forge Group plans to keep investing in its people, operations, and customer relationships under H.I.G.’s ownership. According to PFG’s CEO, the shared vision includes expanding capabilities to support the next generation of aerospace, defense, and industrial platforms and programs.