About Growth Partners
Growth Partners is a private investment banking and strategic investment firm dedicated to assisting owners and senior management of emerging and middle market companies with revenues of $5 million (&TTM EBITDA of at least $1 million) to $500 million, and private equity firms, either create new equity value ("Value Creation"), or realize existing equity value ("Value Realization").Value Creation pertains to further building, or facilitating the development of a company to its next level. This is accomplished by studying the company and its industry from which the next business model refinement is derived. Typically, the refinement may entail horizontal or vertical integration, and the expression of the proposition usually entails an acquisition(s) and diversified capital formation.Value Realization pertains to preparing and executing a liquidity event on behalf of ownership. The preparation is related to both the company, via improving information systems, distilling inventory, etc., and ownership in regard to valuation education, transaction structure advertisement, post-transaction issues, etc. The liquidity event could be in the form of a minority or majority sale, or an outright sale transaction.These functions are engaged through the possession of merger & acquisition (buy side, sell side, and roll-ups), and capital formation (senior, mezzanine & equity) competencies.
Growth Partners Headquarter Location
31 Flintwest Lance Suite 200
Latest Growth Partners News
Sep 15, 2021
Submitted HIG Growth Partners (HIG Growth), the growth capital investment affiliate of HIG Capital, has promoted Managing Director Scott Hilleboe to Co-Head of HIG Growth to work alongside Ross Hiatt who has been hired as a Managing Director and Co-Head. Both will be based in San Francisco and will lead the day-to-day investment activities of HIG Growth. They succeed John Black who will remain with HIG Growth as a Senior Advisor. Hilleboe has almost two decades of experience investing in venture capital and private equity transactions, and focuses on SaaS software, cybersecurity, marketplaces, consumer tech, artificial intelligence, machine learning, and hard tech. Prior to joining HIG Growth in 2018, Hilleboe was a Partner with Revolution and a Managing Director with Steamboat Ventures. Scott has led or co-led over 30 investments in many industry-leading technology companies including BigCommerce, EdgeCast, Elemental, Handy, MediaOcean, SpareFoot and Quigo. Hilleboe has extensive operating experience, and has held strategy, business development, and engineering positions at IBM, LaSalle Partners, and Synopsis. Scott graduated Phi Beta Kappa, magna cum laude with a BSME degree from the University of Washington and an MBA from Harvard Business School. Hiatt has over two decades of investing and finance experience, and focuses on consumer internet, B2B and B2C marketplaces, digital media and entertainment, fintech and enterprise technology. Before joining HIG Growth, he was a senior member of the technology investment team at TPG Capital and was responsible for all aspects of investment sourcing, execution and oversight. Prior investment and board experience includes Calm.com, Dream11, Goal.com, Age of Learning (ABCmouse) and Pray. Before TPG, Hiatt spent ten years at Goldman Sachs where he worked alongside some of the world’s leading technology companies. Hiatt began his career in the leveraged finance group at JP Morgan. Ross earned a BBA from The University of Texas at Austin and an MBA from the Graduate School of Business at Columbia University, both with honours. For over a decade, HIG Growth has invested broadly across technology and consumer industries. Technology investments include industry leaders such as Invoca, MX Technologies, ServiceTitan and JumpCloud; and consumer investments include Lulus, Parachute Home and Scuf Gaming. This transition enhances HIG Growth’s ability to identify and support innovative growth stage opportunities, consistent with its history of majority transactions with growth stage minority investment opportunities. “HIG Capital has a long history of using a value-added approach to drive performance, and HIG Growth has proven time and again the ability to partner with high-growth businesses and drive value,” says HIG Capital Founders and Co-CEOs Sami Mnaymneh and Tony Tamer. “The leadership transition to Scott and Ross marks another important step in our efforts to deliver differentiated value to our investors.” “I’m thrilled to welcome Scott and Ross into these leadership positions,” says Brian Schwartz, Co-President of HIG Capital. “Their investing and technology experience will be invaluable as we continue to expand and accelerate our investments in growth-stage organisations.” Hilleboe and Hiatt says: “We’re excited to partner in the leadership and expansion of our strategy as we invest in high-growth, industry-leading businesses. We look forward to building on the team’s strong track record and working together to foster and expand the portfolio.”
Growth Partners Team
2 Team Members
Growth Partners has 2 team members, including current Managing Partner, Jeffrey R. Knakal.