H.I.G. Growth Partners has made a strategic growth investment in Long Beach, CA-based myKaarma, a platform for franchise automotive dealership service lanes that handles scheduling, interaction, communication and payment. The company works with more than 1,500 dealerships in the United States and Canada.
H.I.G.’s investment will be used for product enhancements, platform functionality expansion, and hiring new resources to support and accelerate the company’s growth.