Andrew Freeman has joined H.I.G. Middle Market, the middle market affiliate of H.I.G. Capital, as a managing director. Freeman is a former partner at Paine & Partners.
MIAMI–(BUSINESS WIRE)–H.I.G. Middle Market (“H.I.G.”), the dedicated middle market investment affiliate of H.I.G. Capital, a leading global private equity investment firm with $21 billion of equity capital under management, today announced that Andrew Freeman, formerly a Partner at Paine & Partners, has joined H.I.G.’s San Francisco Middle Market team as a Managing Director.
Andy will focus on making LBO investments in the food and agribusiness sectors and will be responsible for all aspects of the investment process, including sourcing, transaction structuring, financing, and post-investment strategy development and value-creation execution.
H.I.G. Middle Market invests in a wide range of industries, with deep expertise in virtually all segments of the economy. Through recapitalizations and private sales, corporate divestitures, and public-to-private transactions, H.I.G. Middle Market targets businesses with EBITDA typically between $35 and $200 million. H.I.G. Middle Market is an extension of H.I.G.’s private equity strategy, complementing its lower middle market LBO and growth equity funds. H.I.G. Middle Market works closely with the other H.I.G. private equity funds, but has a dedicated team in Miami, New York and San Francisco to pursue investments in larger middle market opportunities.
About H.I.G. Capital
H.I.G. is a leading global private equity and alternative assets investment firm with $21 billion of equity capital under management.* Based in Miami, and with offices in New York, Boston, Chicago, Dallas, Los Angeles, San Francisco, and Atlanta in the U.S., as well as international affiliate offices in London, Hamburg, Madrid, Milan, Paris, Bogotá, Mexico City and Rio de Janeiro, H.I.G. specializes in providing both debt and equity capital to small and mid-sized companies, utilizing a flexible and operationally focused/ value-added approach:
1. 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.
2. 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. is also a leading CLO manager, through its WhiteHorse family of vehicles, and manages a publicly traded BDC, WhiteHorse Finance.
3. H.I.G.’s real estate funds invest in value-added properties, which can benefit from improved asset management practices.
Since its founding in 1993, H.I.G. has invested in and managed more than 200 companies worldwide. The firm’s current portfolio includes more than 100 companies with combined sales in excess of $30 billion. For more information, please refer to the H.I.G. website at www.higcapital.com.