HIG CAPITAL takes majority stake in TERRAS GROUP
Context
H.I.G. Capital has entered into a definitive agreement to acquire a majority stake in TERRAS, partnering with the company's co-founders, Dirk Sojka and Ralf Sojka, who will reinvest alongside H.I.G. to support the next phase of the Group's development. The transaction provides continuity of leadership while positioning the business for its next stage of expansion. Through this investment, H.I.G. intends to support TERRAS in strengthening its presence across its existing German markets while selectively expanding into new geographic areas. The acquisition is aligned with H.I.G.'s strategy of partnering with founder-led businesses and supporting long-term value creation through operational development and strategic growth initiatives. The transaction also reflects the growing investor interest in scalable infrastructure platforms benefiting from long-term structural trends, including infrastructure investment, the energy transition and the expansion of digital networks. Completion of the acquisition remains subject to customary closing conditions and regulatory approvals.
TERRAS GROUP, which reported an EBITDA margin of LOGIN in 2026, is valued in this transaction at an EV/EBITDA multiple of LOGIN.
Note that this data is based on contribution from our growing community, composed of M&A and Private Equity professionals, and has been verified by our team to ensure its accuracy.
Target
TERRAS Group is a German provider of infrastructure engineering and construction services headquartered in Montabaur. Founded in 2014 by Dirk Sojka and Ralf Sojka, the firm has built a portfolio of regional operating hubs that deliver civil‑engineering solutions across the DACH market. Its service catalogue includes regional infrastructure planning, specialized foundation engineering, railway construction, and ancillary engineering activities such as quarry management, earth‑fill disposal and recycling. Clients span public authorities and private operators in mobility, energy, digital connectivity, water supply and urban development. The company combines local entrepreneurial culture with centralized procurement, shared best‑practice platforms and a unified governance model. By leveraging a cluster‑density approach, TERRAS coordinates resources among its poles to achieve economies of scale while maintaining proximity to end‑users. Recent contracts involve expanding rail networks, retrofitting energy grids for the transition, and constructing data‑center back‑haul facilities.
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Historical Financials (EUR)
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REFERENCES
Revenue range: 450M - 900M EUR
EBITDA range: 50M - 100M EUR
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Authors: verified mynth contributor (mynth data is contributed by M&A / PE professionals and systematically cross-verified with private deal documents and official press releases).
Target: terras group
Acquirer: hig capital