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H.I.G. Capital acquires majority interest in firms

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Miami-based private equity firm H.I.G. Capital said Thursday it has acquired a majority interest in Die Cuts With a View, based in Provo, and Pressed Petals, based in Richfield, to form DCWV Inc.

Terms were not disclosed.

Both companies design, manufacture and distribute branded scrapbooking products.

H.I.G. has a controlling interest in more than 40 companies with combined revenues in excess of $5 billion.