H.I.G. Capital has closed H.I.G. European Capital Partners II at 825 million (US$1.1 billion), which is above its initial target.
H.I.G. Capital stated that the fund will follow the strategy of its predecessor fund, focusing on private equity, buyout and growth capital investments in lower middle-market companies primarily in Western Europe.
Go deeper with GlobalData
Access deeper industry intelligence
Experience unmatched clarity with a single platform that combines unique data, AI, and human expertise.
Sami Mnaymneh and Tony Tamer, co-founders and managing partners of H.I.G. Capital, said: "We are very pleased to have completed this fundraising in less than three months, and, in particular, that the fund was significantly over-subscribed from existing H.I.G. investors.
"The new fund will continue our successful strategy of investing in privately-held companies and non-core subsidiaries of larger companies, especially those which present significant opportunities for earnings improvement and value creation."
US Tariffs are shifting - will you react or anticipate?
Don’t let policy changes catch you off guard. Stay proactive with real-time data and expert analysis.
By GlobalData
