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Yahoo
02-06-2025
- Business
- Yahoo
H.I.G. Capital Expands Its European Middle Market Private Equity Team with the Addition of Antonin Marcus
PARIS, June 2, 2025 /PRNewswire/ -- H.I.G. Capital ("H.I.G." or the "Firm"), a leading global alternative investment firm with $70 billion of capital under management, is pleased to announce today that Antonin Marcus has joined the Firm as a Managing Director on H.I.G.'s Middle Market Private Equity team in France. Based in Paris, Antonin is a proven private equity investor with over 15 years of experience in private equity and finance, covering several sectors and investment strategies. Prior to joining H.I.G., he spent eight years with Eurazeo. Before that, Antonin worked for H.I.G. in Paris, and he began his career with Goldman Sachs in London. Olivier Boyadjian, Managing Director and Head of H.I.G. Paris office, commented: "Antonin is a highly regarded private equity investor. We are excited to have him rejoin H.I.G. as a Managing Director in charge of our Middle Market LBO activities in France." Markus Noe-Nordberg, Managing Director and Head of the H.I.G. European Middle Market LBO team, said: "We are delighted to welcome Antonin to our team. His deep experience and extensive network will be instrumental to our continued success in France." In commenting on his new role, Antonin Marcus added: "I am thrilled to be back with the H.I.G. team and build upon the success in Europe. Through H.I.G.'s Middle Market LBO strategy, we will further complement the Firm's breadth of capabilities in France with an additional focus on larger transactions." About H.I.G. Capital H.I.G. is a leading global alternative investment firm with $70 billion of capital under management.* Based in Miami, and with offices in Atlanta, Boston, Chicago, Los Angeles, New York, San Francisco and Stamford in the United States, as well as international affiliate offices in Hamburg, London, Luxembourg, Madrid, Milan, Paris, Bogotá, Rio de Janeiro, São Paulo, and Dubai, and Hong Kong, H.I.G. specializes in providing both debt and equity capital to mid-sized companies, utilizing a flexible and operationally focused/value-added approach: H.I.G.'s equity funds invest in management buyouts, recapitalizations, and corporate carve-outs of both profitable as well as underperforming manufacturing and service businesses. H.I.G.'s debt funds invest in senior, unitranche, and junior debt financing to companies across the size spectrum, both on a primary (direct origination) basis, as well as in the secondary markets. H.I.G. also manages a publicly traded BDC, WhiteHorse Finance. H.I.G.'s real estate funds invest in value-added properties, which can benefit from improved asset management practices. H.I.G. Infrastructure focuses on making value-add and core plus investments in the infrastructure sector. Since its founding in 1993, H.I.G. has invested in and managed more than 400 companies worldwide. The Firm's current portfolio includes more than 100 companies with combined sales in excess of $53 billion. For more information, please refer to the H.I.G. website at *Based on total capital raised by H.I.G. Capital and its affiliates. Contact: Olivier BoyadjianHead of H.I.G. Paris officeoboyadjian@ Markus Noe-NordbergManaging Directormnordberg@ H.I.G. European Capital S.A.S.2, Rue Lord Byron5th Floor75008 ParisFranceP: +33 (0) 1 53 57 50 View original content to download multimedia: SOURCE H.I.G. Capital Sign in to access your portfolio
Cision Canada
02-06-2025
- Business
- Cision Canada
H.I.G. Capital Expands Its European Middle Market Private Equity Team with the Addition of Antonin Marcus
PARIS, June 2, 2025 /CNW/ -- H.I.G. Capital ("H.I.G." or the "Firm"), a leading global alternative investment firm with $70 billion of capital under management, is pleased to announce today that Antonin Marcus has joined the Firm as a Managing Director on H.I.G.'s Middle Market Private Equity team in France. Based in Paris, Antonin is a proven private equity investor with over 15 years of experience in private equity and finance, covering several sectors and investment strategies. Prior to joining H.I.G., he spent eight years with Eurazeo. Before that, Antonin worked for H.I.G. in Paris, and he began his career with Goldman Sachs in London. Olivier Boyadjian, Managing Director and Head of H.I.G. Paris office, commented: "Antonin is a highly regarded private equity investor. We are excited to have him rejoin H.I.G. as a Managing Director in charge of our Middle Market LBO activities in France." Markus Noe-Nordberg, Managing Director and Head of the H.I.G. European Middle Market LBO team, said: "We are delighted to welcome Antonin to our team. His deep experience and extensive network will be instrumental to our continued success in France." In commenting on his new role, Antonin Marcus added: "I am thrilled to be back with the H.I.G. team and build upon the success in Europe. Through H.I.G.'s Middle Market LBO strategy, we will further complement the Firm's breadth of capabilities in France with an additional focus on larger transactions." About H.I.G. Capital H.I.G. is a leading global alternative investment firm with $70 billion of capital under management.* Based in Miami, and with offices in Atlanta, Boston, Chicago, Los Angeles, New York, San Francisco and Stamford in the United States, as well as international affiliate offices in Hamburg, London, Luxembourg, Madrid, Milan, Paris, Bogotá, Rio de Janeiro, São Paulo, and Dubai, and Hong Kong, H.I.G. specializes in providing both debt and equity capital to mid-sized companies, utilizing a flexible and operationally focused/value-added approach: H.I.G.'s equity funds invest in management buyouts, recapitalizations, and corporate carve-outs of both profitable as well as underperforming manufacturing and service businesses. H.I.G.'s debt funds invest in senior, unitranche, and junior debt financing to companies across the size spectrum, both on a primary (direct origination) basis, as well as in the secondary markets. H.I.G. also manages a publicly traded BDC, WhiteHorse Finance. H.I.G.'s real estate funds invest in value-added properties, which can benefit from improved asset management practices. H.I.G. Infrastructure focuses on making value-add and core plus investments in the infrastructure sector. Since its founding in 1993, H.I.G. has invested in and managed more than 400 companies worldwide. The Firm's current portfolio includes more than 100 companies with combined sales in excess of $53 billion. For more information, please refer to the H.I.G. website at *Based on total capital raised by H.I.G. Capital and its affiliates. Contact: Olivier Boyadjian Head of H.I.G. Paris office [email protected] Markus Noe-Nordberg Managing Director [email protected] H.I.G. European Capital S.A.S. 2, Rue Lord Byron 5 th Floor 75008 Paris France P: +33 (0) 1 53 57 50 60 SOURCE H.I.G. Capital
Edinburgh Reporter
24-04-2025
- Business
- Edinburgh Reporter
H.I.G. Capital Completes Strategic Exits: Soleo Health and Koozie Group Sales Highlight Private Equity Firm's Value Creation Strategy
The Miami-based alternative investment firm's recent portfolio company sales demonstrate its approach to building and transforming middle-market businesses H.I.G. Capital, the Miami-based global alternative investment firm with $69 billion of capital under management, has recently completed the sale of two significant portfolio companies – Soleo Health and Koozie Group – demonstrating the firm's strategy of acquiring, transforming, and successfully exiting middle-market businesses. The more recent transaction involved Koozie Group, one of the largest suppliers in the promotional products industry. Founded in 1969 and headquartered in Clearwater, Florida, Koozie Group designs and produces marketing products across more than 10 product categories. The company was sold to Garyline LLC, a portfolio company of Mill Point Capital. During H.I.G.'s ownership, the firm worked with Koozie's management to transform the business from a corporate division into a standalone entity. Under H.I.G.'s guidance, the company invested in new product development, IT systems, customer experience, innovation, and enhanced operational capabilities, while completing and integrating four add-on acquisitions. 'Our partnership with H.I.G. was transformative for us, and we are thankful for their guidance and support as we made significant investments in our platform,' said Pierre Montaubin, CEO of Koozie Group. 'We are positioned for continued growth and success and look forward to the next chapter.' Camilo E. Horvilleur, Managing Director at H.I.G., highlighted the firm's approach: 'We saw an opportunity to take a non-core corporate division and turn it into an industry-leading platform in the promotional products industry. We appreciate all the hard work from all the stakeholders that resulted in Koozie Group's accelerated evolution.' This sale followed the February 2025 exit of Soleo Health, a diversified infusion services platform headquartered in Frisco, Texas. Soleo was sold to funds managed by Court Square Capital and WindRose Health Investors. The company had grown into a national provider of complex specialty pharmacy services and infusion therapy, operating 26 pharmacies and more than 30 ambulatory infusion suites across the United States. H.I.G. supported Soleo in building an industry-leading specialty pharmacy and infusion business through several key initiatives: expanding its footprint with new pharmacy and infusion suite locations, introducing a differentiated therapy-specific clinical model, diversifying its payor and therapy offerings, and making strategic executive hires. Drew Walk, President and Chief Executive Officer at Soleo, noted: 'H.I.G. has been an exceptional partner to Soleo and instrumental in helping us build the Company into the market leader we are today. H.I.G. supported several significant investments in talent and infrastructure, strengthening our ability to reach more patients and provide exceptional care across our network.' Scott Zhu, Managing Director at H.I.G., added: 'Drew and the Soleo management team have done an outstanding job transforming Soleo from a regional infusion player into a national specialty care provider, with a variety of compelling growth opportunities.' These successful exits highlight H.I.G.'s operational focus and value-creation strategy. Since its founding in 1993, the firm has invested in and managed more than 400 companies worldwide. Its current portfolio includes more than 100 companies with combined sales exceeding $53 billion, spanning sectors from healthcare and manufacturing to technology and real estate. H.I.G.'s continuing activity, which also included multiple new investments in April 2025 across healthcare services, travel, and logistics sectors, reflects its ongoing commitment to identifying and developing promising middle-market businesses with strong growth potential. Like this: Like Related
Yahoo
22-04-2025
- Business
- Yahoo
H.I.G. Capital Completes Merger of Converge Technology Solutions and Mainline Information Systems to Form "Pellera Technologies"
SAN FRANCISCO, April 22, 2025 /CNW/ -- H.I.G. Capital ("H.I.G."), a leading global alternative investment firm with $69 billion of capital under management, is pleased to announce that one of its affiliates has completed the acquisition of Converge Technology Solutions Corp. ("Converge") (TSX: CTS) (FSE: 0ZB) (OTCQX: CTSDF). In connection with the closing, Converge will merge with Mainline Information Systems, LLC ("Mainline"), an existing H.I.G. portfolio company. The combined company has been rebranded as Pellera Technologies ("Pellera"), representing its distinctive position in the market as a premier technology partner. Pellera stands at the forefront of delivering innovative IT solutions to enterprise and mid-market clients. The company's deep technical expertise, strategic focus, and collaborative approach have enabled their customers to achieve impactful business outcomes through the power of technology. Pro forma for the combination, Pellera generated approximately $4 billion in revenue in 2024 and will provide unparallelled technology expertise to its customers in critical growth areas including cybersecurity, cloud, digital infrastructure, and AI. Headquartered in Tallahassee, Florida, the new organization will be led by a dynamic and experienced leadership team with over a century of combined experience in the IT industry. Converge Chief Executive Officer Greg Berard will serve as CEO of Pellera, while Mainline President and CEO Jeff Dobbelaere will assume the role of President and Chief Operating Officer. This collaboration reflects the best of both organizations, ensuring the strength and capability of Pellera to achieve meaningful results. Greg Berard, Chief Executive Officer of Pellera, said: "We're combining the bold vision, unmatched talent, innovative solutions, and trusted partnerships of Mainline and Converge to deliver differentiated value and elevate the customer experience. With H.I.G.'s support, we're accelerating investments in areas like AI, cybersecurity, hybrid cloud, app modernization, data, and managed services, with the goal of becoming the provider of choice for comprehensive technology solutions." Jeff Dobbelaere, President and Chief Operating Officer of Pellera, said: "We are thrilled to join forces as we enter the next phase in our growth journey. Together, we have stronger relationships with our industry-leading partners, unlocking greater access and broader solutions for our clients. The business is poised to create more growth opportunities for our employees and enhance the value we deliver as dedicated partners on our customers' teams. We will continue to innovate, bring creative solutions, and generate an enduring transfer of expertise in every engagement." Aaron Tolson, Managing Director at H.I.G., added: "We are excited to integrate two trusted and complementary IT solutions partners to boost service offerings and accelerate growth in complex and strategic IT areas. The combined business offers enhanced IT solutions and services that will enable customers to continue reaching the next level. As part of the H.I.G. portfolio, Pellera is well-positioned to capitalize on emerging technology trends and expand its leadership within the IT market." H.I.G. was advised by Guggenheim Securities, LLC, J.P. Morgan Securities, LLC, Lazard Frères & Co. LLC, BMO Capital Markets, Stikeman Elliott LLP and Weil, Gotshal & Manges LLP. Houlihan Lokey Capital was engaged as financial advisor to the special committee of independent directors, and Origin Merchant Partners was engaged as an independent financial advisor and provided a fairness opinion to the special committee. About Pellera Technologies Pellera Technologies is where innovation powers progress. Through the combined expertise of Converge Technology Solutions and Mainline Information Systems, we deliver unparalleled IT solutions that drive momentum for enterprise clients worldwide. Our comprehensive suite of digital infrastructure, hybrid cloud, cybersecurity, and artificial intelligence solutions transforms challenges into opportunities and shapes a future where businesses can thrive. Guided by our AIM (Advise, Implement, Manage) methodology, we ensure solutions are tailored to your specific needs, aligning seamlessly with existing systems to drive success without complexity. At Pellera, we don't just keep you moving forward, we help you scale without limits. About H.I.G. Capital H.I.G. is a leading global alternative investment firm with $69 billion of capital under management.* Based in Miami, and with offices in Atlanta, Boston, Chicago, Los Angeles, New York, and San Francisco in the United States, as well as international affiliate offices in Hamburg, London, Luxembourg, Madrid, Milan, Paris, Bogotá, Rio de Janeiro, São Paulo, Dubai, and Hong Kong, H.I.G. specializes in providing both debt and equity capital to middle market companies, utilizing a flexible and operationally focused/value- added approach: H.I.G.'s equity funds invest in management buyouts, recapitalizations, and corporate carve-outs of both profitable as well as underperforming manufacturing and service businesses. H.I.G.'s debt funds invest in senior, unitranche, and junior debt financing to companies across the size spectrum, both on a primary (direct origination) basis, as well as in the secondary markets. H.I.G. also manages a publicly traded BDC, WhiteHorse Finance. H.I.G.'s real estate funds invest in value-added properties, which can benefit from improved asset management practices. H.I.G. Infrastructure focuses on making value-add and core plus investments in the infrastructure sector. Since its founding in 1993, H.I.G. has invested in and managed more than 400 companies worldwide. The firm's current portfolio includes more than 100 companies with combined sales in excess of $53 billion. For more information, please refer to the H.I.G. website at *Based on total capital raised by H.I.G. Capital and affiliates. Contact: Aaron TolsonManaging Directoratolson@ Arjun MohanManaging Directoramohan@ Hamza UsmaniManaging Directorhusmani@ H.I.G. CapitalOne Sansome Street37th FloorSan Francisco, CA 94104P: View original content to download multimedia: SOURCE H.I.G. Capital View original content to download multimedia: Sign in to access your portfolio
Yahoo
08-04-2025
- Business
- Yahoo
H.I.G. Capital acquires revenue cycle management solutions provider GetixHealth
US-based investment firm H.I.G. Capital has acquired GetixHealth, a provider of revenue cycle management (RCM) solutions, through an affiliate. The acquisition aims to offer a wider range of RCM solutions to healthcare providers. GetixHealth provides a suite of services across eligibility and enrolment, patient responsibility management, patient access, third-party claims resolution and insurance billing. Its capabilities are supported by a range of technology tools, healthcare RCM expertise and more than 30 years of industry experience. GetixHealth CEO Kevin Lonergan said: 'Over the last decade, we have made significant investments in our team, solutions, and proprietary technologies to position GetixHealth as a leading partner to healthcare providers. 'Due to the complex reimbursement environment and evolving regulatory landscape, our customers are increasingly turning to us to address their revenue cycle challenges. 'We are excited to partner with H.I.G. to leverage their resources and deep RCM expertise to further invest in our capabilities.' H.I.G. Capital said that care providers partnering with GetixHealth would benefit from reduced costs, improved cash conversion cycles, administrative processes, patient experience, and adherence to regulatory requirements. The company will work with GetixHealth's management to support growth investments that are currently in progress in GetixHealth's platform. H.I.G. Capital managing director Anthony Chambers said: 'GetixHealth is a vital partner to healthcare providers, including many of the nation's largest health systems. We are impressed by the company's capabilities and stellar reputation among its clients and patients. 'We also recognise the importance of maintaining best-in-class capabilities and look forward to collaborating with management to support continued investments in technology and operational excellence.' GetixHealth supplies RCM technologies and services designed to 'transform' the patient experience while improving financial performance for healthcare providers. The company was founded in 1992 and is based in Sugar Land, Texas, US. "H.I.G. Capital acquires revenue cycle management solutions provider GetixHealth" was originally created and published by Hospital Management, a GlobalData owned brand. The information on this site has been included in good faith for general informational purposes only. It is not intended to amount to advice on which you should rely, and we give no representation, warranty or guarantee, whether express or implied as to its accuracy or completeness. You must obtain professional or specialist advice before taking, or refraining from, any action on the basis of the content on our site. Sign in to access your portfolio
