H.I.G. Growth Completes Strategic Investment In Rewind

H.I.G. Growth Partners, the dedicated growth capital investment affiliate of H.I.G. Capital, a global alternative investment firm with $75 billion of capital under management, is pleased to announce its investment in Rewind Software Inc., a SaaS resilience platform delivering industry-leading backup and recovery, business continuity, and comprehensive data governance and retention, engineered to safeguard against data loss and disruption.Based in Ottawa, Canada, Rewind protects company data across 16 leading cloud applications, enabling over 25,000 organizations to backup, restore, and ensure resilience of their SaaS workloads. H.I.G. Growth’s investment will support Rewind’s growth, product innovation, and operational scale as AI adoption and the Atlassian cloud migration wave drive demand for enterprise-grade backup and recovery.

As organizations deploy AI agents in SaaS environments, the scale and speed of change are increasing, creating a new category of rollback and recovery needs that native and snapshot-based tools cannot serve. Rewind is purpose-built to address this challenge, operating at the application layer to preserve the configurations that define how SaaS systems function. Its expertise originated in the Shopify ecosystem, where it built a strong track record protecting e-commerce data, and has since extended into DevOps platforms including Confluence, Jira, and GitHub, serving clients in heavily regulated industries such as financial services, healthcare, and manufacturing. This positions Rewind to capture demand from the ongoing Atlassian on-premises-to-cloud migration, a key driver of new customer acquisition.

“The tailwinds behind the Atlassian cloud migration, Shopify-based commerce, and broader AI usage are providing the foundation for the next wave of growth at Rewind. We’re thrilled to partner with H.I.G. Growth as we embark on this next stage of our journey and bring mission-critical solutions to enterprises around the globe. H.I.G. Growth’s experience in scaling software businesses, strengthening go-to-market capabilities, and expanding channel partnerships aligns with our strategic vision for the company,” said Mike Potter, CEO, Rewind.

“As AI adoption accelerates, and autonomous agents are able to read, write, and act on data inside SaaS applications, the importance of backup and recovery grows exponentially. Rewind’s differentiated platform closes the gap on business data left unprotected by SaaS platforms, delivering automated, compliant protection that becomes mission-critical for enterprises as they migrate to and adopt cloud environments. We are excited to partner with Mike and the entire Rewind team to support their continued growth and expansion,” said Hans Sherman, MD, H.I.G. Growth.