Global private equity investment firm H.I.G. Capital closed a new fund at $1bn.
H.I.G. Capital Partners V will focus on private equity, buyout and equity-related investments in lower middle-market companies primarily in the United States.
Co-founded in 1993 by Managing Partners Sami Mnaymneh and Tony Tamer, H.I.G. Capital specializes in providing capital to small and medium-sized companies with growth potential. The firm invests in management-led buyouts and recapitalizations of profitable and well managed manufacturing or service businesses, and has extensive experience with financial restructurings and operational turnarounds.
It is based in Miami, and with offices in Atlanta, Boston, Chicago, Dallas, New York, and San Francisco in the U.S., as well as international affiliate offices in London, Hamburg, Madrid, Paris, and Rio de Janeiro.