National Asset Recovery Services Inc., which is backed by buyout shop H.I.G. Capital, has acquired Integrity Financial Partners. Terms of the deal were not released. HIG Capital is based in Miami, and has more than $8.5 billion under management.
Jeff Zanarini, a Managing Director at HIG Capital, said the following in regard to the acquisition of Integrity Financial Partners: “Integrity is the fourth recent ARM investment for HIG Capital in collaboration with Tim Bauer of Reprise Management Group, and demonstrates our commitment to the sector. We set out to partner with the highest quality companies and management teams in the industry, and the Integrity acquisition furthers that goal following our acquisitions of NARS and Pinnacle, as well as TRAKAmerica, in the last 18 months.”
Jeff has more than ten years of M&A/advisory experience, working with firms ranging from mid-market, privately-held organizations to multi-national public organizations. He is responsible for investment origination, transaction negotiation, and portfolio company oversight. Jeff currently serves on the board of directors of several HIG companies, and has led numerous LBO transactions with a focus on oilfield/business services, manufacturing and commodity-based enterprises.
Prior to joining HIG, Jeff was with Bain & Company, a leading management consulting firm. While at Bain, Jeff devised corporate growth strategies and directed diligence efforts for leading private equity investors, helping to improve investment returns. He also has significant experience in the successful implementation of operational improvement strategies with private equity portfolio companies. Previously, Jeff also worked in investment banking at Goldman Sachs.
Jeff earned his Bachelor of Science and Bachelor of Arts degrees from Southern Methodist University and an M.B.A. from Harvard Business School.
HIG Capital is a leading global private equity investment firm based in Miami. The firm has more than $8.5 billion of capital under management. HIG specializes in providing capital to small and medium sized businesses and has offices in Atlanta, Boston, New York and San Francisco, as well as Hamburg, London and Paris in Europe.