We review the possible role that multi-Higgs models may play in our understanding of the dynamics of a heavy 4th sequential generation of fermions. We describe the underlying ingredients of such models, focusing on two Higgs doublets, and discuss how they may effectively accommodate the low energy phenomenology of such new heavy fermionic degrees of freedom. We also discuss the constraints on these models from precision electroweak data as well as from flavor physics and the implications for collider searches of the Higgs particles and of the 4th generation fermions, bearing in mind the recent observation of a light Higgs with a mass of ~125 GeV.
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