H.I.G. Capital

American private equity and alternative assets investment firm From Wikipedia, the free encyclopedia

H.I.G. Capital, LLC is an American multinational alternative investment firm with $74 billion of capital under management.[3] Headquartered in Miami, Florida, H.I.G. specializes in providing both debt and equity capital to middle market companies.[4][5][6][7]

Company type
Private
Founded1993; 33 years ago (1993)
Founder
Quick facts Company type, Industry ...
H.I.G. Capital, LLC
Company type
Private
IndustryPrivate Equity
Founded1993; 33 years ago (1993)
Founder
HeadquartersMiami, Florida, United States
Key people
[1][2]
Products
AUM$74 billion
Websitehig.com
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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.[4][8][9] H.I.G. currently has over 1000 total employees, including more than 500 investment professionals worldwide.[10]

History

H.I.G. Capital was founded in 1993 by Sami Mnaymneh and Tony Tamer, both of whom previously held senior positions at the Blackstone Group and Bain & Company.[11] The company remains under their directorship.[12] In 2006, the company expanded to its first affiliate office in Europe, which is known as H.I.G. Europe.[13]

In 2021, the company acquired Interpath, a restructuring company spun out of KPMG, for £380 million.[14]

In January 2026, H.I.G announced it had sold Interpath to Bridgepoint Group in a deal which valued the company at £800 million.[14] Later in April 2026, co-founder Sami Mnaymneh stepped back from his role as CEO, seeing Brian Schwartz assume the role. Mnaymneh retained his role as executive chairman with the firm.[1]

In 2021, HIG agreed a £25m settlement with the United Kingdom’s pension regulator over allegations it deliberately brought about the unnecessary insolvency of the bedmaker Silentnight Group in order to buy its business out of administration in 2011 without taking on the company’s defined benefit pension scheme. Nicola Parish, the regulator’s executive director of frontline regulation, said at the time: “It is our view that HIG brought about the unnecessary insolvency of the original Silentnight Group in order to buy its business out of a pre-pack administration without the pension scheme. We believe this is unacceptable and it was vital we acted, in part as a deterrent against this type of behaviour in the future."[15] [16]

In 2025, a la​​wsuit brought by Dailane Investments Ltd in Miami alleged HIG Capital and its founder Sami Mnaymneh artificially lowered the price of a portfolio asset to deliver a windfall to HIG in breach of fiduciary duty to the investor (Dailane). The claims relate to the €138.9m sale of the packaging machinery giant SIAT - part of the global Maillis Group - to a HIG continuation fund in 2021. It is claimed in legal filings that “Mnaymneh was involved at every step” in the “self-dealing” flip.[17]

The lawsuit alleges that the price at which the asset was sold from the earlier HIG fund to a subsequent one "was lowered to match a third-party bid that had been deemed 'a joke' by HIG Europe. In the end, the joke was on Dailane and the other investors in Fund I. As HIG entities were both buyer and seller of the Maillis Group, Mnaymneh could direct and encourage fixing the sale at a low price and bestow on Fund III a highly valuable asset without paying anywhere near to full price for it, costing Dailane millions in profits that would have been obtained if HIG47 and HIG Europe had upheld their fiduciary duty. Mnaymneh and HIG proposed, encouraged, facilitated and approved a deal that caused a breach of fiduciary duty and is therefore liable for aiding and abetting the underlying breach of fiduciary duty." The case is ongoing.[17]

Products

H.I.G.’s equity funds invest in management buyouts, recapitalizations, 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.[18] Additionally, H.I.G. also manages a publicly traded business development corporation (BDC), WhiteHorse Finance.[19]

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.[20][21]

Offices

1450 Brickell reflection

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, Rio de Janeiro, São Paulo, Dubai, and Hong Kong.[22][23]

References

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