H.I.G. Capital, LLC is a global alternative investment firm with $64 billion of capital under management. Headquartered in
Miami, Florida, H.I.G. specializes in providing both
debt and
equity capital
In finance, equity is ownership of assets that may have debts or other liabilities attached to them. Equity is measured for accounting purposes by subtracting liabilities from the value of the assets. For example, if someone owns a car worth $ ...
to
middle market companies.
According to the firm’s website, H.I.G. has invested in and managed more than 400 companies, since inception. The firm’s current portfolio includes more than 100 companies with combined sales in excess of $53 billion. H.I.G. currently has over 1000 total employees, including more than 500 investment professionals worldwide.
History
H.I.G. Capital was founded in 1993 by Sami Mnaymneh and
Tony Tamer
Anthony Aouni Tamer (born October 12, 1957) is an American billionaire businessman, and the founder and Co-CEO of H.I.G. Capital, a global private equity and alternative assets investment firm with $48 billion of equity capital under management. ...
, both of whom previously held senior positions at
The Blackstone Group and
Bain & Company
Bain & Company is an American management consulting company headquartered in Boston, Massachusetts. The firm provides advice to public, private, and non-profit organizations. One of the Big Three management consultancies, Bain & Company was fou ...
. The company remains under their directorship. In 2006, the company expanded to its first affiliate office in Europe, which is known as H.I.G. Europe.
Products
H.I.G.’s equity funds invest in
management buyouts
A management buyout (MBO) is a form of acquisition in which a company's existing managers acquire a large part, or all, of the company, whether from a parent company or individual. Management-, and/or leveraged buyout became noted phenomena of 1 ...
,
recapitalizations
Recapitalization is a type of corporate reorganization involving substantial change in a company's capital structure. Recapitalization may be motivated by a number of reasons. Usually, the large part of equity is replaced with debt or vice versa. ...
, corporate carve-outs of both profitable as well as underperforming manufacturing and service businesses. The firm's debt funds invest in senior,
unitranche, and junior debt financing to companies across the size spectrum, both on a primary (direct origination) and secondary basis, as well as in the secondary markets. Additionally, H.I.G. also manages a publicly traded business development corporation (
BDC), WhiteHorse Finance.
H.I.G.’s real estate funds invest in value-added properties, which can benefit from improved asset management practices. Its Infrastructure funds focus on making value-add and core plus investments in the infrastructure sector.
Offices
The company is headquartered in
Miami and has affiliate offices in several major cities across the United States, including
New York City,
Boston,
Chicago,
Dallas,
Los Angeles,
San Francisco, and
Atlanta. Additionally, the firm has international offices located in
London,
Hamburg,
Madrid,
Milan,
Paris,
Luxembourg,
Bogotá
Bogotá (, also , , ), officially Bogotá, Distrito Capital, abbreviated Bogotá, D.C., and formerly known as Santa Fe de Bogotá (; ) during the Spanish period and between 1991 and 2000, is the capital city of Colombia, and one of the larges ...
,
Rio de Janeiro,
São Paulo, and
Dubai.
References
External links
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{{private equity firms
Financial services companies established in 1993
Privately held companies based in Florida
Private equity firms of the United States
American companies established in 1993
Companies based in Miami
1993 establishments in Florida