David Blechman has joined H.I.G. Capital as an MD in the LBO practice. Previously, he was an MD at Tower Three Partners and a Sun Capital Partners principal.
H.I.G. Capital, L.L.C., a leading global private equity investment firm, is pleased to announce that David Blechman has joined the firm’s leveraged buyout (LBO) practice as a Managing Director.
Mr. Blechman joins H.I.G. after leading a number of successful middle market private equity investments across a variety of industries, including take-privates, corporate carveouts and restructurings. Mr. Blechman brings over 16 years of private equity and investment banking experience. Previously, he was a Managing Director at Tower Three Partners and a Principal at Sun Capital Partners. Prior to Sun Capital, Mr. Blechman spent five years with The Blackstone Group in the Restructuring and Reorganization practice. He began his career with Lehman Brothers investment banking, working in Chicago and London. Mr. Blechman received his undergraduate degree in economics from University of Chicago and earned his M.B.A. from Columbia Business School, and served as Adjunct Professor of Finance at Columbia Business School.
Mr. Blechman will be based in New York, and be part of the H.I.G. LBO Fund IV team, which focuses on companies with $25 to $200 million of enterprise value.
Executive Managing Director, Doug Berman commented, “Having successfully led eighteen platform and add-on acquisitions in the past, David brings a wealth of experience to H.I.G. and will be a valuable asset to our team. We are delighted that he is joining our team.”
About H.I.G. Capital
H.I.G. Capital is a leading global private equity investment firm with more than $8.5 billion of equity capital under management. Based in Miami, and with offices in Atlanta, Boston, New York, and San Francisco in the U.S., as well as affiliate offices in London, Hamburg and Paris in Europe, H.I.G. specializes in providing capital to small and medium-sized companies with attractive growth potential. H.I.G. invests in management-led buyouts and recapitalizations of profitable and well managed manufacturing or service businesses. H.I.G. also has extensive experience with financial restructurings and operational turnarounds. Since its founding in 1993, H.I.G. invested in and managed more than 200 companies worldwide. The firm’s current portfolio includes more than 50 companies with combined revenues in excess of $8 billion. For more information, please refer to the H.I.G. website at www.higcapital.com.