H.I.G. Capital

What H.I.G. Capital does

H.I.G. Capital is a Miami-headquartered global alternative investment firm founded in 1993 by Sami Mnaymneh and Tony Tamer, operating across private equity, growth equity, direct lending, special situations credit, real estate, infrastructure, growth-stage healthcare, and secondaries strategies. The firm manages $75 billion of capital under management across 18 offices in North America, Europe, Latin America, the Middle East, and Asia, supported by 500+ investment professionals and a global Operating Partners team executing its proprietary 'H.I.G. Way' value-creation framework spanning strategy, human capital, digital transformation, finance, operations, procurement, technology, and AI. Since 1993, H.I.G. has invested in more than 400 companies whose combined revenues exceed $53 billion and has completed over 2,500 transactions.

The firm generates revenue through management fees on committed and invested capital across multiple closed-end funds (including the $5.9B WhiteHorse Middle Market Lending Fund IV closed in August 2025 and the $1B Bayside Loan Opportunity Fund VII closed in December 2024), performance fees via carried interest on realizations (exemplified by the $1.8B Celerion exit in June 2026 and the ~$750M Desktop sale), and structured credit income through affiliates such as H.I.G. WhiteHorse and H.I.G. Bayside Capital. WhiteHorse Finance, a publicly traded business development company, is the listed vehicle alongside H.I.G.'s private funds.

H.I.G. pursues a relationship-driven, multi-strategy go-to-market, sourcing and executing deals through its 18 offices and 500+ professionals supplemented by intermediaries (Canaccord Genuity, Bank of Piraeus), legal counsel (Kirkland & Ellis, Paul Hastings, Cuatrecasas), and co-investors (Berkshire Partners, KPS Capital). Recent strategic activity includes the April 2026 CEO transition to Brian Schwartz, the August 2025 acquisitions of Kantar Media (rebranded as Fifty5Blue, ~$1B) and Converge Technology Solutions (merged with Mainline to form Pellera Technologies, $898M), and carve-out acquisitions such as Global Elite Group from Securitas AB (April 2026) and International Aerospace Coatings (May 2026).

Name

H.I.G. Capital

Legal name

H.I.G. Capital, LLC

Website

https://hig.com

Company type

Private

Founded year

1993

Operating status

Operating

Headcount range

501–1,000 employees

Short description

H.I.G. Capital is a Miami-headquartered global alternative investment firm founded in 1993 that manages $75 billion across private equity, growth equity, direct lending, special situations credit, real estate, infrastructure, healthcare, and secondaries, serving middle-market companies and institutional limited partners through 18 offices and 500+ investment professionals.

Ownership category

akta.pro rank

Product category

Alternative Asset Management / Private Equity

NAICS

Portfolio Management and Investment Advice (52394), Portfolio Management and Investment Advice (523940)

SIC

Investment Advice (6282)

akta.pro primary industry

Late-Stage Venture Capital (Series C+) (FSANAAAC)

akta.pro secondary industries

Equity Capital Advisory (Private Equity Placements, Growth Capital) (BPAHAOAE), Small-Cap Equity (Active) (FSAAAIAC)

Keywords

• Private equity investments
• Middle market capital
• Direct lending solutions
• Alternative asset management
• Special situations credit

Headquarters

HQ city

Miami

HQ country

United States

HQ region

North America

Offices18 records

Markets served

GTM type

B2B

Offering type

Services

Cost components

Personnel, Operations, Marketing or Sales, Technology or R&D, Infrastructure

Revenue model

1. Management & Performance Fees (typical of alternative asset managers): As a global alternative investment firm with $75 billion of capital under management across private equity, growth equity, real estate, direct lending, infrastructure, special situations debt, and growth-stage healthcare, H.I.G. generates revenue primarily through management fees on committed/invested capital and performance fees (carried interest) on fund realizations.
2. Investment Gains / Realizations: H.I.G. earns investment income and capital gains from acquisitions and exits across its portfolio, including recent realizations such as the sale of Desktop S.A. to Claro for R$4.0 billion (~$750 million), the sale of EYSA to Tikehau, the sale of Celerion for $1.8 billion, and the sale of Koozie Group.
3. Structured Credit / High-Yield Origination: Through affiliates such as H.I.G. WhiteHorse (direct lending) and H.I.G. Bayside Capital (special situations), H.I.G. arranges senior secured, unitranche, mezzanine, and special situations credit, generating interest income and fees. Portfolio company PolarDC Group sold €800 million ($930 million) of high-yield bonds in the Nordic market.

Go-to-market motion3 records

Distribution channels4 records

Core offering

H.I.G. Capital is a global alternative investment firm that deploys equity and debt capital to middle-market companies across multiple strategies, including private equity, growth equity, direct lending, special situations, real estate, infrastructure, and growth-stage healthcare. The firm manages $75 billion of capital through closed-end funds, affiliated investment vehicles (including a publicly traded BDC, WhiteHorse Finance), and dedicated operating teams that drive post-investment value creation in portfolio companies.

Product overview

H.I.G. Capital operates a platform-plus-modules architecture across alternative investment strategies rather than a single unified software product. The core platform is H.I.G. Capital itself—a leading global alternative investment firm with $75 billion of capital under management and 500+ investment professionals across 18 worldwide offices, providing both debt and equity capital to middle market companies since 1993. Built on top of this core platform are seven named investment strategy modules: Private Equity (operated via H.I.G. Private Equity, including US, Europe, and LatAm sub-strategies), Growth Equity (H.I.G. Growth, focused on SaaS, FinTech, AI/ML, marketplaces, and healthcare tech), Direct Lending (H.I.G. WhiteHorse Capital), Special Situations credit (H.I.G. Bayside Capital), Real Estate (H.I.G. Realty), Infrastructure (H.I.G. Infrastructure), and Healthcare (H.I.G. HealthBridge). The 2025-launched H.I.G. GP Solutions secondaries platform extends the platform into GP-led fund secondaries, and the publicly traded WhiteHorse Finance BDC serves as the listed vehicle alongside the private funds. Portfolio Operations capabilities (Strategy Development, Human Capital, Digital Transformation, Finance, Operations & Manufacturing, Procurement & Supply Chain, Technology, and Artificial Intelligence) sit across all strategies to drive value creation in more than 400 portfolio companies.

Differentiator

Problem solved

Functional benefit

Brands

• H.I.G. Private Equity: Multiple private equity fund strategies investing across manufacturing, technology, healthcare, and business services industries.
• H.I.G. Growth
• WhiteHorse Capital
• H.I.G. Bayside Capital
• H.I.G. Realty
• H.I.G. Infrastructure
• H.I.G. HealthBridge
• H.I.G. GP Solutions
• WhiteHorse Finance

Products and services

• H.I.G. Private Equity A flagship private equity strategy that invests across multiple industries including manufacturing, technology, healthcare, and business services, leveraging an operationally focused approach to drive value creation in mid-market companies.
• H.I.G. Growth A growth equity strategy making majority and minority investments in growth-oriented technology companies, with focus areas including SaaS, FinTech, Consumer Tech, Marketplaces, AI/ML, and healthcare technology. Provides strategic, operational, recruiting, and financial management services to portfolio companies.
• H.I.G. WhiteHorse Capital (Direct Lending) A direct lending strategy providing private debt solutions including senior secured loans, second lien, mezzanine, and unitranche debt for refinancing, growth capital, acquisitions, buyouts, and balance sheet recapitalizations in middle-market companies.
• H.I.G. Bayside Capital (Special Situations) A special situations and capital solutions strategy investing in credit and special situations across the capital structure on both a primary and secondary basis.
• H.I.G. Realty A real estate strategy making opportunistic value-add equity investments in mid-size real estate properties and originating senior secured loans and opportunistic debt investments in mid-cap real estate.
• H.I.G. Infrastructure An infrastructure strategy investing in middle-market businesses with infrastructure characteristics across energy, transportation, and digital infrastructure where active management and strategic repositioning can increase profitability.
• H.I.G. HealthBridge A healthcare-focused growth strategy investing in development and commercial stage companies developing therapeutic drugs, medical devices, digital health, diagnostics, and related outsourcing services for significant unmet medical needs.
• H.I.G. GP Solutions (Secondaries) A secondaries strategy for investment managers, launched in 2025 to provide GP-led fund secondaries solutions to alternative asset managers.
• WhiteHorse Finance BDC A publicly traded business development company (BDC) managed by H.I.G. Capital that invests in senior secured loans to lower middle market companies, affiliated with H.I.G. WhiteHorse Capital's direct lending platform.

Quantifiable outcome

• $75 billion of capital under management
• +7 more outcomes

Named customers35 records

Ideal customer profiles2 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

AI capability9 records

Feature2 records

Partnerships

15 partnerships are on record, tiered recurring legal counsel, major seller / counterparty, major buyer / counterparty, acquisition target / strategic asset, advisory / deal-specific, flagship jv partner, recurring lender / capital provider, recurring service provider, buyer of portfolio asset, strategic / team lift-out for gp solutions launch, strategic hire / team expansion and buyer for promotional products platform.

• Paul Hastings LLPrecurring legal counselImplementation/ SI/ Consulting Partner · 16 June 2026Paul Hastings LLP represented H.I.G. and The Bluebird Group as legal counsel in connection with the recapitalization transaction with Bertram Capital.
• Securitas ABmajor seller / counterpartyStrategic or Co-development Partner · 1 April 2026Securitas AB divested its Global Elite Group, a US-based aviation security services provider, to an affiliate of H.I.G. Capital, LLC as part of Securitas' strategic assessment program.
• Claro Telecom Participações S.A. (América Móvil)major buyer / counterpartyStrategic or Co-development Partner · 26 March 2026Claro (subsidiary of América Móvil) acquired H.I.G.'s Brazilian portfolio company Desktop S.A. for R$4.0 billion (approximately $750 million).
• FirstMate Pet Foodsacquisition target / strategic assetStrategic or Co-development Partner · 26 February 2026FirstMate Pet Foods is a premium pet food manufacturer in British Columbia, Canada, acquired by Nasta Petfood with H.I.G. WhiteHorse financing. H.I.G. WhiteHorse supported the combined entity serving over 400,000 pet-owning households.
• Paksoy (law firm)advisory / deal-specificImplementation/ SI/ Consulting Partner · 20 February 2026Paksoy advised H.I.G. Capital on its acquisition of Atlas Dunnage in Türkiye, part of a multi-jurisdictional transaction involving the U.S., Dominican Republic, and Türkiye. Paksoy worked alongside Paul Hastings on the transaction.
• HUB (UK residential developer)flagship jv partnerStrategic or Co-development Partner · 12 February 2026H.I.G. Realty formed a joint venture with UK residential developer HUB to acquire a third asset for its Central London Living Platform. Together they purchased St Clare House and Writers House in the City of London for redevelopment into ~1,700 prime residential units, bringing the platform to over £1 billion in gross development value.
• Prysmian S.p.A. & Fincantieri S.p.A. (Joint Venture)major buyer / counterpartyStrategic or Co-development Partner · 1 January 2026A joint venture led by Prysmian S.p.A. and Fincantieri S.p.A. agreed to acquire H.I.G. portfolio company Xtera Limited (subsea telecom provider), with completion expected in Q1 2026.
• Cuatrecasas (law firm)recurring legal counselImplementation/ SI/ Consulting Partner · 23 December 2025Cuatrecasas advised H.I.G. Capital on acquiring a majority stake in the Spanish occupational health and safety provider Avanta Salud Group, alongside the reinvestment of the founding partner and MCH Private Equity Investments.
• Kirkland & Ellis LLPrecurring legal counselImplementation/ SI/ Consulting Partner · 19 November 2025Kirkland & Ellis LLP serves as legal advisor to H.I.G. Capital, including on its investment in Rely Home. DLA Piper advised Rely Home on the same transaction.
• KPS Capital Partners, LPrecurring lender / capital providerStrategic or Co-development Partner · 12 November 2025H.I.G. WhiteHorse provided financing to support the carve-out acquisition of Chargeurs Films de Protection (Novacel) by KPS Capital Partners. H.I.G. WhiteHorse noted it has known and worked with KPS for many years.
• SEI (SEI Investments)recurring service providerTechnology or Integration · 26 October 2025H.I.G. Capital selected SEI for fund administration and depositary services across its operations.
• GovCIObuyer of portfolio assetStrategic or Co-development Partner · 8 September 2025GovCIO acquired SoldierPoint Digital Health from H.I.G. Capital's portfolio company Iron Bow Technologies.
• Morgan Stanley (secondaries team)strategic / team lift-out for gp solutions launchStrategic or Co-development Partner · 14 August 2025H.I.G. Capital hired a four-person team from Morgan Stanley's secondaries group to launch H.I.G. GP Solutions, its dedicated platform for secondaries and GP-led fund structures.
• Antonin Marcusstrategic hire / team expansionImplementation/ SI/ Consulting Partner · 2 June 2025Antonin Marcus was appointed as Managing Director to expand H.I.G.'s European Middle Market Private Equity team. H.I.G. has a recurring talent acquisition strategy from major financial institutions.
• Garyline LLC (Mill Point Capital portfolio)buyer for promotional products platformStrategic or Co-development Partner · 21 April 2025Garyline LLC (Mill Point Capital portfolio company) acquired H.I.G.'s portfolio company Koozie Group, a major supplier in the promotional products industry.

Scale indicators13 records

Recent moves23 records

Expansion highlights7 records

Direct peers

• Bain Capital: Global multi-strategy alternative asset manager with private equity, credit, real estate, and venture strategies and similar AUM scale. Bain Capital's middle-market and large-cap buyout focus, multi-strategy platform, and global footprint make it one of the closest comparables to H.I.G. Capital.
• CVC Capital Partners: Europe-headquartered global private equity firm with comparable AUM and a multi-strategy platform spanning buyout, growth, credit, and secondaries. CVC's middle-market tilt in Europe and its public listing make it a directly comparable peer to H.I.G.'s middle-market, globally diversified strategy.
• TPG Inc. Publicly traded global alternative asset manager with private equity, growth, credit, real estate, and impact strategies. TPG's middle-market buyout franchise and recently expanded credit and secondaries capabilities closely mirror H.I.G.'s diversified multi-strategy model.
• Ares Management: Publicly traded global alternative investment manager with strong credit and private equity platforms. Ares's middle-market direct lending franchise and recent PE build-out overlap directly with H.I.G. WhiteHorse's direct lending and H.I.G. Capital's middle-market buyout business.
• Genstar Capital: U.S.-focused middle-market private equity firm investing across software, financial services, healthcare, and industrials. Genstar's middle-market buyout strategy, AUM scale, and platform-build approach are directly comparable to H.I.G.'s middle-market private equity franchise.
• New Mountain Capital: U.S. middle-market private equity firm focused on defensive growth sectors including healthcare, technology, business services, and industrials. New Mountain's middle-market buyout and growth strategies make it a directly comparable peer to H.I.G.'s Private Equity and Growth franchises.
• Stone Point Capital: Middle-market private equity firm specializing in financial services. Stone Point's middle-market focus, sector specialization, and AUM scale are comparable to H.I.G.'s targeted middle-market approach, although Stone Point's narrower sector focus differs from H.I.G.'s broader diversification.

Broad incumbents

• Carlyle Group: Large publicly traded global investment firm with private equity, credit, and real assets strategies. While Carlyle's buyout focus spans larger deals than H.I.G.'s typical middle-market investments, the platform breadth and global footprint make it a relevant strategic peer.
• Apollo Global Management: Mega-cap publicly traded alternative asset manager with leading credit, private equity, and retirement services franchises. Apollo's hybrid value strategy and large credit platform overlap with H.I.G. WhiteHorse and Bayside Capital, even though deal sizes skew larger than H.I.G.'s typical middle-market focus.
• Brookfield Asset Management: Large global alternative asset manager with private equity, real estate, infrastructure, credit, and renewable power strategies. Brookfield's infrastructure and real asset strategies overlap directly with H.I.G. Infrastructure and H.I.G. Realty, while its scale as a publicly listed platform provides a strategic reference point.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat6 records

Key risks6 records

Key highlights7 records

Customer concentration

• Xx.com/HIGCapitalLLC
• LinkedInlinkedin.com/company/h-i-g--capital

Revenue estimate

Valuation estimate

Number of profiles

Profiles13 records

Subsidiaries11 records

Funding overview

Funding rounds2 records

Investors1 record

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A224 records

Investments174 records

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about H.I.G. Capital