Iconic Therapeutics fetches $40 mln Series C

By Iris Dorbian — 4 weeks ago

Iconic Therapeutics, a biopharmaceutical company focused on serious eye disorders, has raised $40 million in Series C funding. The investors included HBM Healthcare Investments, Cormorant Asset Management, Osage University Partners, MPM Capital, H.I.G. Capital and Lundbeckfund Ventures.

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Emmett joins H.I.G. Capital

By Luisa Beltran — 4 weeks ago

Graham Emmett has joined H.I.G. Capital as a Managing Director in the Real Estate team, based in the London office. Emmet previously was an Investment Partner in the Real Estate division of Cheyne Capital.

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H.I.G. Growth closes Lancope sale

By Luisa Beltran — 1 month ago

H.I.G. Growth Partners, the growth capital arm of H.I.G. Capital, said it closed the sale of Lancope Inc. to Cisco Systems Inc. Lancope is a cyber security company. Terms of the deal call for Cisco to pay $452.5 million in cash and assumed equity awards, plus additional retention based incentives for Lancope employees who join Cisco. H.I.G. was Lancope’s largest shareholder at the time of the sale.

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Eletromidia closes investments in TOTS, DMS

By Luisa Beltran — 2 months ago

Eletromidia S.A., a portfolio company of H.I.G. Capital LLC, has completed its investments in DMS Publicidade Mídia Interativa Ltda (“DMS”) and Telefónica On The Spot Soluções Digitais Do Brasil Ltda (“TOTS). Financial terms weren’t announced. DMS operates out-of-home advertising in the subway systems of Rio de Janeiro. TOTS also operates out-of-home advertising in the São Paulo subway systems.

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H.I.G. Capital exits Big Tex

By Iris Dorbian — 2 months ago

Bain Capital Private Equity has acquired Big Tex, a Mountain Pleasant, Texas-based maker of professional-grade trailers in North America. The seller was H.I.G. Capital. No financial terms were disclosed. Piper Jaffray provided financial advice to Big Tex on the transaction.

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H.I.G. Capital invests in Italian real estate

By Luisa Beltran — 3 months ago

H.I.G. Capital said Tuesday that it invested, through an Italian securitization, in a portfolio of non-performing loans in Italy. The loans were backed by a mixture of residential and commercial real estate mainly in the regions of Emilia-Romagna, Lombardy and Tuscany. Financial terms weren’t disclosed.

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HCAP Partners expands team with new addition

By Iris Dorbian — 3 months ago

HCAP Partners (formerly known as Huntington Capital) has hired Bhairvee Shavdia as an impact associate. Previously, Shavdia worked at San Diego State University’s Zahn Innovation Center where formed and led the school’s incubator platform for social enterprise. She is also a former investment professional at H.I.G. Capital.

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Community Intervention buys Northstar Psychological Services

By Luisa Beltran — 4 months ago

Community Intervention Services Inc., a portfolio company of H.I.G. Growth Partners, has acquired Northstar Psychological Services Inc. Financial terms weren’t announced. Alpharetta, Georgia-based Northstar provides community-based behavioral health services to individuals and families in that state.

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H.I.G. buys T-Bird Restaurant Group

By Luisa Beltran — 4 months ago

H.I.G. Capital LLC has completed its buy of the T-Bird Restaurant Group Inc. Financial terms weren’t announced. La Jolla, California-based T-Bird is the exclusive franchisee of Outback Steakhouse for the state of California, operating 63 stores across the state.

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