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H.I.G. Capital buys Velocity Solutions

Miami, Florida-based private equity firm, H.I.G. Capital has acquired Velocity Solutions Inc, PE Hub reported. Financial terms were not announced. Fort Lauderdale, Florida-based Velocity Solutions is a provider of software and solutions to banks, credit unions and insurers. William Blair & Company LLC served as financial adviser to Velocity on the transaction.

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PE Deals,private equity,private equity deals