Naava Partners Oy supported H.I.G. Capital in their acquisition of a controlling interest in Fluo, a leading regional waste management and recycling platform based in Finland. Our team provided Technical and Environmental Due Diligence for the transaction.
Fluo’s integrated operations span waste collection, sorting, and treatment services, as well as the production of high-quality recycled raw materials and finished products—including plastic granules, irrigation and infrastructure pipes, and recovered lubricants. Fluo serves over 3,000 businesses and 35,000 households through long-standing public-private partnerships across Ostrobothnia and Eastern Finland.
H.I.G. Capital is a leading global alternative investment firm with $70 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, São Paulo, Dubai, and Hong Kong, H.I.G. specialises in providing both debt and equity capital to middle market companies.