H.I.G. Capital acquires CargoTuff

FEBRUARY 5, 2026

HIG acquires CargoTuff

TARGET

CargoTuff manufactures dunnage airbags, lashing, and strapping load securement products sold to transportation, logistics, consumer goods, and industrial shippers.

Ownership	Founder-owned
Headcount	51-200 FTEs
Headquarters	Virginia Beach, Virginia
Leadership	Helmut Elze, Co-CEO Selim Akdoğan, Co-CEO
Sell-side advisor	Houlihan Lokey

ACQUIRER

HIG

Global alternative investment firm

Headquarters	Miami, Florida
Buy-side advisor	William Blair

Share deal Copy details View press release ↗

H.I.G. Capital -> CargoTuff  (2026-09-18)
buyout | Supply Chain/Logistics | closed
Target: CargoTuff manufactures dunnage airbags, lashing, and strapping load securement products sold to transportation, logistics, consumer goods, and industrial shippers.
Website: cargo-tuff.com | Buyer site: hig.com
HQ: Virginia Beach, Virginia | Ownership: founder-owned
Advisors - Sell-side: Houlihan Lokey; Buy-side: William Blair
Source: Thematic - https://thematichq.com/software/d/h-i-g-capital-cargotuff.html

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