Fortress Investment Group Leads Senior Secured Credit Facility Supporting H.I.G. Capital's Acquisition of Torque Holdings Ltd

New York – Fortress Investment Group today announced that funds managed by its affiliates ("Fortress") have provided a senior secured credit facility to Torque Holdings Ltd ("Torque" or the "Company") in support of its acquisition by funds managed by affiliates of H.I.G. Capital ("H.I.G.").

Fortress served as sole lead arranger on the facility, which is comprised of a fully funded senior secured term loan and a committed acquisition facility to support Torque's continued growth, including bolt-on M&A.

Founded in 1991 and headquartered in the United Kingdom, Torque is an independent, end-to-end supply chain specialist providing warehousing, fulfilment, and freight forwarding services to a portfolio of UK consumer brands, with a focus on premium apparel and athleisure.

"Torque has built a leading position in the UK outsourced fulfilment market through a focus on apparel, long-standing customer relationships, and a highly flexible operating model," said Edouard de La Rochefoucauld of Fortress’s European Corporate Credit team. "We believe Torque’s business model – with predictable, pass-through contract economics, high cash-flow conversion, and a diversified customer blue-chip base – make this a compelling credit opportunity for our investors. We look forward to partnering with the management team and H.I.G. to support the next chapter of the company’s growth."

About Fortress Investment Group
Fortress Investment Group LLC is a leading, highly diversified global investment manager serving institutional clients and private investors worldwide. Founded in 1998, Fortress manages $55 billion of assets under management as of June 30, 2026, across a range of credit and real estate, private equity and permanent capital investment strategies. AUM refers to assets Fortress manages, including capital that Fortress has the right to call from investors, or investors are otherwise required to contribute, pursuant to their capital commitments to various funds or managed accounts.

About Torque Holdings Ltd
Founded in 1991, Torque is an independent UK-based provider of integrated multi-channel fulfilment and freight forwarding services, focused on premium and high-growth consumer brands. The Group operates across nine warehouse sites and employs over 1,500 people. For more information, visit https://torque.eu/.