H.I.G. Private Equity Mergers and Acquisitions Summary

Private Equity Firm Profile

In the last 3 years, H.I.G. Private Equity has acquired 26 companies. It has also invested in 6 others.

H.I.G. Private Equity’s most common sectors for investment arebusiness services (11%) and healthcare services (8%) . The Firm’s most common investment types include buyout (lbo, mbo, mbi) (30%) and growth capital (20%). In total, H.I.G. Private Equity has invested in 35 US states and 19 different countries. Its largest (disclosed) acquisition occurred in 2021 when it acquired Oxford Global Resources for $525M.

In the last 3 years, H.I.G. Private Equity has exited 12 companies. The Firm’s most common exit type is trade sale (43%). H.I.G. Private Equity’s largest (disclosed) exit occurred in 2018 when it sold FNZ Group for $2.5B.

Join Mergr to view H.I.G. Private Equity’s full profile and discover more mega-sized private equity firm investors just like it.

M&A Summary

  • M&A Total Activity485
    • M&A Buy Activity337
    • M&A Sell Activity148
  • Total Sectors Invested 53
  • Total Countries Invested 19
  • M&A Buy/Sell Connections 143
  • M&A Advisors 43

H.I.G. Private Equity

H.I.G. Capital, LLC

1450 Brickell Avenue, 31st Floor,
Miami, Florida 33131
United States
(305) 379-2322
www.higprivateequity.com
info@higcapital.com

HIG Private Equity is the private equity arm of HIG Capital LLC. The firm focuses on management buyouts, growth equity investments, and recapitalizations of middle market companies with an enterprise value of $50 - $500 million. The Firm also will consider add-on acquisitions, industry consolidations, going-privates, and corporate divestitures. Sectors of interest include aerospace, building materials, business services, consumer products, distribution, healthcare, infrastructure, contracting, manufacturing, media, oil & gas services, IT, and transportation. HIG was formed in 1993 and has offices in Miami, Atlanta, Boston, and San Francisco. HIG's European affiliate is HIG Europe with offices in London, Hamburg, and Paris.


Investment Criteria

Sectors of Interest: Aerospace, Agriculture, Automotive, Building Materials, Business Services, Chemicals, Communications, Construction, Consumer Products, Consumer Services, Distribution, Education, Electrical Equipment, Electronics, Energy Services and Equipment, Engineering, Environmental, Financial Services, Food, Forest Products, Furniture, Healthcare Services, Information Technology, Insurance, Leisure, Life Science, Machinery, Manufacturing, Marine, Marketing, Metals/Mining, Plastics, Publishing, Real Estate, Retail, Safety/Security, Software, Staffing, Technology Hardware, Test/Measurement Equipment, Transportation

Target Transaction Types: Buyout (LBO, MBO, MBI), Consolidation, Divestiture, Going Private, Growth Capital, Recapitalization, Special Situations/Distressed

Geographic Preferences: East US, Midwest US, South US, West US, Western Europe, Eastern Europe

Transaction Criteria Min Max
Target Revenue - -
Target EBITDA - -
Investment Size - -
Enterprise Value 50 500
values in millions of USD

M&A Summary

Buy vs Sell

Year ≤ '20 '21 '22 '23 '24 '25 T
Buy (13.0/yr) # 272 35 20 10 - - 337
vol $2.3B $1.0B $3.3B
Sell (5.6/yr) # 120 16 8 4 - - 148
vol $8.3B $295M $8.6B
  485

Most Recent M&A

Company Date Value Type
Ascent Global Logistics 2023-08-22 - Secondary Buyout
Belleville, Michigan · www.ascentgl.com
RBmedia 2023-07-26 - Secondary Buyout
Landover, Maryland · www.rbmediaglobal.com
CLC Contractors Ltd. 2023-06-28 - Growth Capital
Southampton, United Kingdom · www.clcgroup.com
Advanced Dental Management 2023-06-26 - Recapitalization
Canton, Massachusetts · www.teamadb.com
Riveron Consulting LLC 2023-06-09 - Secondary Buyout
Dallas, Texas · www.riveron.com
Tower Engineering Professionals, Inc. 2023-04-12 - Secondary Buyout
Raleigh, North Carolina · www.tepgroup.net
office people Personalmanagement GmbH 2023-04-12 - Buyout (LBO, MBO, MBI)
Münster, Germany · www.office-people.de
Elekeiroz S.A. 2023-03-23 - Add-on Acquisition
Varzea Paulista, Brazil · www.elekeiroz.com.br
Polygon S.p.A. 2023-03-08 - Buyout (LBO, MBO, MBI)
Rome, Italy · www.polygon.eu
ProsperOps 2023-02-23 - Growth Capital
Austin, Texas · www.prosperops.com
View All >>

Portfolio M&A

Company Acquired Add-On/Sale Date #
Circle Graphics, Inc. 2019-10-02 Anthem Displays LLC 2022-10-21 1
Longmont, Colorado · www.circlegraphicsonline.com Elizabethtown, North Carolina · www.anthemdisplays.com
Time Manufacturing Co. 2021-12-03 France Elévateur SA 2022-06-27 1
Waco, Texas · www.timemfg.com Flavigny sur Moselle, France · www.france-elevateur.fr
M.J. Maillis Group 2015-02-20 Maillis Plastics Solutions 2022-04-04 2
Athens, Greece · www.maillis.com Karczew, Poland
Nadir Figueiredo Indústria e Comércio S.A. 2019-09-04 Cristar Tabletop S.A.S. 2022-03-17 1
São Paulo, Brazil · www.nadirfigueiredo.com.br Envigado, Colombia · www.cristar.com.co
Capstone Logistics LLC 2020-10-21 Insource Performance Solutions LLC 2022-01-10 2
Peachtree Corners, Georgia · www.capstonelogistics.com Charlotte, North Carolina · www.insourceperforms.com
Royo Group SL 2016-12-23 Fiora Bath Collections, S.L. 2021-09-13 2
Valencia, Spain · www.royogroup.com Nájera, Spain · www.fiorabath.com
Dominion Colour Corp. 2016-10-05 Sun Chemical - Performance Pigments Plant 2021-08-04 2
Toronto, Ontario · www.pigments.com Parsippany, New Jersey
St. Croix Hospice LLC 2020-10-19 Silverado Hospice - Des Plaines Operations 2021-07-12 6
Oakdale, Minnesota · www.stcroixhospice.com Des Plaines, Illinois
Royo Group SL 2016-12-23 Royo Group International Bathroom 2021-01-20 1
Valencia, Spain · www.royogroup.com Valencia, Spain · www.rginternationalbathroom.com
Royo Group SL 2016-12-23 RGIB - Shower Tray Business 2021-01-20 1
Valencia, Spain · www.royogroup.com Valencia, Spain

M&A by Sector

Sector Current # Value All-time # Value
Business Services 15 (9%) - 37 (11%) -
Healthcare Services 15 (9%) - 25 (7%) 278M (8%)
Information Technology 12 (7%) 283M (18%) 23 (7%) 643M (19%)
Marketing 8 (5%) - 18 (5%) 59M (2%)
Transportation 10 (6%) - 16 (5%) 29M (1%)
Building Materials 6 (4%) 500M (32%) 15 (4%) 720M (22%)
Distribution 5 (3%) - 13 (4%) -
Chemicals 6 (4%) - 12 (4%) 572M (17%)
Internet Software and Services 10 (6%) - 12 (4%) -
Software 9 (5%) - 12 (4%) -
Manufacturing 3 (2%) - 9 (3%) -
Consumer Products 5 (3%) - 8 (2%) -
Food 2 (1%) - 8 (2%) -
Staffing 4 (2%) 525M (33%) 7 (2%) 525M (16%)
Automotive 2 (1%) - 7 (2%) -
Medical Products 3 (2%) - 6 (2%) 75M (2%)
Construction 4 (2%) - 6 (2%) -
Environmental 2 (1%) - 6 (2%) -
Packaging 4 (2%) - 6 (2%) -
Life Science 4 (2%) 265M (17%) 5 (1%) 265M (8%)
Energy Services and Equipment 3 (2%) - 5 (1%) -
Forest Products 2 (1%) - 5 (1%) -
Machinery 3 (2%) - 5 (1%) -
Restaurants 4 (2%) - 5 (1%) -
Real Estate 2 (1%) - 4 (1%) 100M (3%)
Communications 2 (1%) - 4 (1%) 75M (2%)
Apparel/Textiles 4 (2%) - 4 (1%) -
Consumer Services 2 (1%) - 4 (1%) -
Leisure 3 (2%) - 4 (1%) -
Technology Hardware 2 (1%) - 4 (1%) -
Education 1 (1%) - 3 (1%) -
Electrical Equipment 2 (1%) - 3 (1%) -
Financial Services - - 3 (1%) -
Media - - 3 (1%) -
Metals/Mining 1 (1%) - 3 (1%) -
Beverages 1 (1%) - 2 (1%) -
Electronics 1 (1%) - 2 (1%) -
Engineering 1 (1%) - 2 (1%) -
Furniture 1 (1%) - 2 (1%) -
Information Services 2 (1%) - 2 (1%) -
Insurance 1 (1%) - 2 (1%) -
Plastics - - 2 (1%) -
Publishing - - 2 (1%) -
Retail 1 (1%) - 2 (1%) -
Test/Measurement Equipment - - 2 (1%) -
Utilities - - 2 (1%) -
Aerospace - - 1 (< 1%) -
Agriculture - - 1 (< 1%) -
Digital Media 1 (1%) - 1 (< 1%) -
E-Commerce 1 (1%) - 1 (< 1%) -
Marine - - 1 (< 1%) -
Renewable Energy 1 (1%) - 1 (< 1%) -
Safety/Security - - 1 (< 1%) -
Total 171 $1.6B 339 $3.3B

Acquisitions By Geo

State/Country Current # Value All-time # Value
United States 101 (59%) 823M (52%) 224 (66%) 2.2B (67%)
  California 14 (8%) - 27 (8%) 392M (12%)
  Florida 6 (4%) - 24 (7%) -
  Texas 11 (6%) - 23 (7%) 75M (2%)
  Illinois 8 (5%) - 16 (5%) 22M (1%)
  Georgia 1 (1%) - 14 (4%) -
  New York 6 (4%) - 13 (4%) 278M (8%)
  Massachusetts 5 (3%) 525M (33%) 10 (3%) 885M (26%)
  Virginia 5 (3%) 283M (18%) 9 (3%) 283M (8%)
  Ohio 1 (1%) - 8 (2%) 29M (1%)
  North Carolina 6 (4%) - 7 (2%) -
  New Jersey 4 (2%) 15M (1%) 6 (2%) 90M (3%)
  Arizona 4 (2%) - 6 (2%) -
  Utah 4 (2%) - 6 (2%) -
  Michigan 2 (1%) - 6 (2%) -
  Pennsylvania 2 (1%) - 5 (1%) -
  Tennessee 1 (1%) - 5 (1%) -
  Colorado 3 (2%) - 4 (1%) -
  Minnesota 3 (2%) - 4 (1%) -
  Maryland 3 (2%) - 4 (1%) -
  Wisconsin 2 (1%) - 3 (1%) -
  Louisiana 1 (1%) - 3 (1%) 180M (5%)
  Missouri 1 (1%) - 3 (1%) -
  Indiana 2 (1%) - 2 (1%) -
  Arkansas 1 (1%) - 2 (1%) -
  Washington 1 (1%) - 2 (1%) -
  Alabama - - 2 (1%) -
  Mississippi - - 2 (1%) -
  Connecticut 1 (1%) - 1 (< 1%) -
  West Virginia 1 (1%) - 1 (< 1%) -
  Nebraska 1 (1%) - 1 (< 1%) -
  Iowa 1 (1%) - 1 (< 1%) -
  Oklahoma - - 1 (< 1%) -
  New Hampshire - - 1 (< 1%) -
  Kansas - - 1 (< 1%) -
  Idaho - - 1 (< 1%) -
United Kingdom 11 (6%) 500M (32%) 25 (7%) 637M (19%)
Brazil 12 (7%) - 16 (5%) -
Germany 6 (4%) - 14 (4%) -
Italy 11 (6%) - 13 (4%) -
Canada 8 (5%) 250M (16%) 13 (4%) 469M (14%)
  Ontario 4 (2%) - 6 (2%) 80M (2%)
  Quebec 2 (1%) - 2 (1%) -
  British Columbia 1 (1%) - 2 (1%) -
  Prince Edward Island 1 (1%) 250M (16%) 1 (< 1%) 250M (7%)
  Alberta - - 1 (< 1%) 139M (4%)
  Manitoba - - 1 (< 1%) -
France 4 (2%) - 10 (3%) -
Spain 7 (4%) - 9 (3%) -
Greece 3 (2%) - 3 (1%) -
Belgium 1 (1%) - 2 (1%) -
Netherlands 1 (1%) - 2 (1%) -
Chile 1 (1%) - 1 (< 1%) -
Colombia 1 (1%) - 1 (< 1%) -
Norway 1 (1%) - 1 (< 1%) -
Peru 1 (1%) - 1 (< 1%) -
Poland 1 (1%) - 1 (< 1%) -
Sweden 1 (1%) - 1 (< 1%) -
Austria - - 1 (< 1%) -
Switzerland - - 1 (< 1%) -
Domestic 101 (59%) 823M (52%) 224 (66%) 2.2B (67%)
Cross-border 70 (41%) 750M (48%) 115 (34%) 1.1B (33%)
Total 171 $1.6B 339 $3.3B

Acquisitions by Deal Type

Type Current # Value All-time # Value
Buyout (LBO, MBO, MBI) 45 (26%) - 99 (29%) 514M (15%)
Growth Capital 41 (24%) - 66 (19%) -
Secondary Buyout 35 (20%) - 57 (17%) -
Divestiture 22 (13%) 1.3B (82%) 41 (12%) 1.6B (48%)
Recapitalization 5 (3%) - 25 (7%) -
Stake Purchase 9 (5%) - 17 (5%) -
Venture 6 (4%) - 10 (3%) -
Going Private 2 (1%) 283M (18%) 9 (3%) 1.2B (37%)
Special Situations/Distressed 3 (2%) - 8 (2%) -
Consolidation 3 (2%) - 6 (2%) -
PIPE - - 1 (< 1%) -
Total 171 $1.6B 339 $3.3B

Exits by Deal Type

Type Total # Value
Secondary Sale 61 (41%) 2.6B (31%)
Trade Sale 42 (28%) 1.3B (15%)
Trade Sale - Public Company 25 (17%) 4.5B (54%)
Bankruptcy 5 (3%) -
Merger 5 (3%) -
IPO 3 (2%) -
Sold to Management 3 (2%) -
Shut Down 2 (1%) -
Recapitalization 1 (1%) -
Stake Sale 1 (1%) -
Total 148 $8.4B

Top M&A Advisors

Financial Deals
Lincoln International
 5
Houlihan Lokey
 3
Credit Suisse Investment Banking
 3
Legal Deals
McDermott Will & Emery LLP
 18
Ropes & Gray
 14
Kirkland & Ellis
 9

Deal Values

buy # Total
$100M to $1B 10 $3.0B
< $100M 7 $333M
TOTAL $3.3B
Largest Oxford Global Resources, Inc.
$525M (2021-08-17)
sell # Total
> $1B 2 $4.3B
$100M to $1B 13 $3.9B
< $100M 5 $292M
TOTAL $8.6B
Largest FNZ Group
$2.5B (2018-10-09)

M&A Connections

Deals
Acquired from
Investor(s)
17%
57 (17%)
Strategic(s)
12%
41 (12%)
Exited to
Investor(s)
41%
61 (41%)
Strategic(s)
47%
69 (47%)

Investor Summary

Investor Type

Private Equity Firm

Size

Mega

PE Assets

57.0B USD

Established

1993

Specialist/Generalist

Generalist

Leadership

Sami Mnaymneh

Co-founder & Co-CEO

Tony Tamer

Co-Founder & Co-CEO

Susan Gentile

Chief Financial & Administrative Officer

Brian Schwartz

Co-President

Rick Rosen

Co-President

 Subscribe to unlock this and 193,848
investor and company profiles

Sign-up today to get full access

  • check  Unlimited Searches
  • check  Unlimited Profile Views
  • check  Build and Export Lists of
    • PE Backed Companies
    • Direct Investors & Acquirers
    • Advisors
    • Deals
    • & More
1 Week Free Trial Learn More

What's Mergr?

We built Mergr to save people the arduous and time-consuming process of tracking when companies are bought, sold, and who currently owns them.

Every day, new opportunities emerge around M&A and we help professionals of all types comb through transactions, investors, and corporate acquirers via an easy-to-use web database that is accessible to anyone.

Try us for 1 week free today!

Mergr, the Easiest-to-Use PE and M&A DB

Key Benefits

  • Stay informed on events in your industry
  • M&A research that takes seconds (not all afternoon)
  • Better understand your customers and prospects
  • Discover active buyers (or sellers)
Search
  • 4.5K Private Equity Firms
  • 184K M&A Transactions
  • 189K Companies Involved in M&A
    (Buyer, Seller, or Target)
  • 3.5K M&A Advisors
    (Investment Banks and Law Firms)
  • 72K M&A Contacts
    (PE and M&A Advisors)

Ready to try?

Join FREE for 1 Week

No obligation. Cancel anytime.

Mergr

Product

Company

Legal