H.I.G. Capital LLC, a private equity firm based in Miami, Fla., recently announced the acquisition of significant equity interest in Safe-Guard Products International Inc.
Atlanta-based Safe-Guard is a provider of aftermarket warranty products and services for new, used and leased motor vehicles. The company’s products and services protect consumers from the financial risks of owning an automobile, recreational vehicle, boat or motorcycle, while enhancing the consumer’s ownership experience.
H.I.G. partnered with management to consummate the transaction.
“With H.I.G. as a partner, we are poised to continue growing our business and expanding our offering of products and services,” said Douglas Duncan, founder and CEO of Safe-Guard.