PE Firm HIG Sheds 2 Cos. In Flurry Of Moves

Law360, New York (November 9, 2011, 4:27 PM EST) -- H.I.G. Capital has sold off two of its companies including outpatient services provider Align Networks Inc., became a majority shareholder in a third and acquired a fourth in a series of transactions, the Miami-based private equity firm announced Wednesday.

In terms of divesture, H.I.G. said it sold Align Networks, a Jacksonville, Fla.-based provider of outpatient physical therapy services related to workers' compensation. The private equity firm did not release the terms of the deal or the identity of the buyer.

Align Networks takes workers' compensation claims...
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