The Higher Gear Group Receives Investment from H.I.G. Capital
The Higher Gear Group, a Schaumburg, Illinois-based provider of customer relationship management (CRM) software and related services to automotive dealers, received an investment of undisclosed amount from an affiliate of H.I.G. Capital, a global private investment firm.
Founded in 1998 by industry veteran Robert C. Gruen, the company provides customers throughout the United States, Mexico and Canada, with a software that tracks the entire lifecycle of retail automotive customers, facilitating the management, retention and conversion of customer leads at dealerships.
With the completion of the financing, Robert Gruen is resuming his role as President & CEO of the company.