
Investments
112Portfolio Exits
63Funds
42Partners & Customers
5Service Providers
3About H.I.G. Capital
H.I.G. Capital is a global private equity and alternative assets investment firm. The firm specializes in providing both debt and equity capital to small and mid-sized companies. Its equity funds invest in management buyouts, recapitalizations, and corporate carve-outs. The company was founded in 1993 and is based in Miami, Florida.

Want to inform investors similar to H.I.G. Capital about your company?
Submit your Analyst Briefing to get in front of investors, customers, and partners on CB Insights’ platform.
Research containing H.I.G. Capital
Get data-driven expert analysis from the CB Insights Intelligence Unit.
CB Insights Intelligence Analysts have mentioned H.I.G. Capital in 1 CB Insights research brief, most recently on Jan 21, 2022.
Latest H.I.G. Capital News
Jan 26, 2023
January 26, 2011, 11:06 PM UTC Hooters of America yesterday announced that it had agreed to be acquired by Chanticleer Holdings LLC (CCLR), a North Carolina-based business development company. But here’s the thing: I’m told that the beer, boob and wing chain was sold for more than $200 million. Chanticleer, on the other hand, has a market cap south of $7 million. So how exactly does this work? peHUB is reporting that two private equity firms are helping to finance the deal: Miami-based H.I.G. Capital and Connecticut-based KarpReilly. No additional information was reported, but a source says that the H.I.G. piece is being done out of New York by the firm’s Bayside Capital affiliate . I’ve left messages with both Bayside and KarpReilly, but neither has been available yet for comment. What will be particularly interesting to learn is how H.I.G. and KarpReilly got involved on this deal in the first place. Hooters of America went on the block nearly a year ago, following the death of CEO Robert Brooks (and a protracted battle over his estate). The process was complicated by the fact that another company also has certain rights to the Hooters brand (the Hooters hotel in Las Vegas, for example, is not part of Hooters of America), but private equity firm Wellspring Capital Partners came to an agreement late last year to buy the company for an undisclosed amount. It even had lined up leveraged debt financing. Chanticleer, however, managed to trump Wellspring by exercising a right of first refusal originally granted as part of a $5 million loan made to Hooters of America back in 2006. Wellspring must have known about the ROFT, but perhaps didn’t figure that Chanticleer could come up with enough cash (Chanticleer would have been required to match Wellspring’s bid). Wellspring has repeatedly declined comment on the Hooters situation, but reportedly has filed sued the Brooks estate for breach of contract in a Delaware court (the suit is not yet available via Delaware’s online records system). North Point Advisors was financial advisor to Hooters of America on the deal, while McColl Partners advised the Brooks estate. Most Popular
H.I.G. Capital Investments
112 Investments
H.I.G. Capital has made 112 investments. Their latest investment was in ThoughtFocus as part of their Private Equity - II on November 11, 2022.

H.I.G. Capital Investments Activity

Date | Round | Company | Amount | New? | Co-Investors | Sources |
---|---|---|---|---|---|---|
11/2/2022 | Private Equity - II | ThoughtFocus | Yes | 2 | ||
6/22/2022 | Private Equity | Load One | Yes | 2 | ||
6/14/2022 | Series F | Invoca | $83M | Yes | 7 | |
3/21/2022 | Private Equity | |||||
1/4/2022 | Private Equity |
Date | 11/2/2022 | 6/22/2022 | 6/14/2022 | 3/21/2022 | 1/4/2022 |
---|---|---|---|---|---|
Round | Private Equity - II | Private Equity | Series F | Private Equity | Private Equity |
Company | ThoughtFocus | Load One | Invoca | ||
Amount | $83M | ||||
New? | Yes | Yes | Yes | ||
Co-Investors | |||||
Sources | 2 | 2 | 7 |
H.I.G. Capital Portfolio Exits
63 Portfolio Exits
H.I.G. Capital has 63 portfolio exits. Their latest portfolio exit was Medusind Solutions on January 12, 2023.
Date | Exit | Companies | Valuation Valuations are submitted by companies, mined from state filings or news, provided by VentureSource, or based on a comparables valuation model. | Acquirer | Sources |
---|---|---|---|---|---|
1/12/2023 | Acq - Fin - II | 2 | |||
11/1/2022 | Acq - Fin - II | 12 | |||
10/31/2022 | Acq - Fin - II | 17 | |||
Date | 1/12/2023 | 11/1/2022 | 10/31/2022 | ||
---|---|---|---|---|---|
Exit | Acq - Fin - II | Acq - Fin - II | Acq - Fin - II | ||
Companies | |||||
Valuation | |||||
Acquirer | |||||
Sources | 2 | 12 | 17 |
H.I.G. Capital Acquisitions
184 Acquisitions
H.I.G. Capital acquired 184 companies. Their latest acquisition was Classic Lifts on January 10, 2023.
Date | Investment Stage | Companies | Valuation Valuations are submitted by companies, mined from state filings or news, provided by VentureSource, or based on a comparables valuation model. | Total Funding | Note | Sources |
---|---|---|---|---|---|---|
1/10/2023 | Acq - Fin | 1 | ||||
1/6/2023 | Acquired | 4 | ||||
12/13/2022 | Debt | $42.5M | Acq - Fin | 1 | ||
11/15/2022 | ||||||
10/13/2022 | Other Venture Capital |
Date | 1/10/2023 | 1/6/2023 | 12/13/2022 | 11/15/2022 | 10/13/2022 |
---|---|---|---|---|---|
Investment Stage | Debt | Other Venture Capital | |||
Companies | |||||
Valuation | |||||
Total Funding | $42.5M | ||||
Note | Acq - Fin | Acquired | Acq - Fin | ||
Sources | 1 | 4 | 1 |
H.I.G. Capital Fund History
42 Fund Histories
H.I.G. Capital has 42 funds, including H.I.G. Realty Partners IV (Onshore).
Closing Date | Fund | Fund Type | Status | Amount | Sources |
---|---|---|---|---|---|
3/1/2022 | H.I.G. Realty Partners IV (Onshore) | $838M | 3 | ||
9/8/2021 | H.I.G. Europe Middle Market LBO Fund LP | $2,363.62M | 3 | ||
7/19/2021 | H.I.G. WhiteHorse Direct Lending Fund | $1,650M | 1 | ||
3/8/2021 | H.I.G. Bayside Loan Opportunity Fund VI | ||||
11/24/2020 | H.I.G. Europe Capital Partners III |
Closing Date | 3/1/2022 | 9/8/2021 | 7/19/2021 | 3/8/2021 | 11/24/2020 |
---|---|---|---|---|---|
Fund | H.I.G. Realty Partners IV (Onshore) | H.I.G. Europe Middle Market LBO Fund LP | H.I.G. WhiteHorse Direct Lending Fund | H.I.G. Bayside Loan Opportunity Fund VI | H.I.G. Europe Capital Partners III |
Fund Type | |||||
Status | |||||
Amount | $838M | $2,363.62M | $1,650M | ||
Sources | 3 | 3 | 1 |
H.I.G. Capital Partners & Customers
5 Partners and customers
H.I.G. Capital has 5 strategic partners and customers. H.I.G. Capital recently partnered with Covestro on June 6, 2019.
Date | Type | Business Partner | Country | News Snippet | Sources |
---|---|---|---|---|---|
6/17/2019 | Partner | Germany | Covestro has signed an agreement with H.I.G. Capital for the sale of Covestro 's European Systems Houses business . | 2 | |
1/28/2019 | Partner | ||||
1/8/2019 | Partner | ||||
12/1/2017 | Partner | ||||
3/17/2016 | Partner |
Date | 6/17/2019 | 1/28/2019 | 1/8/2019 | 12/1/2017 | 3/17/2016 |
---|---|---|---|---|---|
Type | Partner | Partner | Partner | Partner | Partner |
Business Partner | |||||
Country | Germany | ||||
News Snippet | Covestro has signed an agreement with H.I.G. Capital for the sale of Covestro 's European Systems Houses business . | ||||
Sources | 2 |
H.I.G. Capital Service Providers
19 Service Providers
H.I.G. Capital has 19 service provider relationships
Service Provider | Associated Rounds | Provider Type | Service Type |
---|---|---|---|
Akerman | Acq - Fin | Counsel | General Counsel |
Private Equity | Investment Bank | Financial Advisor | |
Private Equity | Investment Bank | Financial Advisor |
Service Provider | Akerman | ||
---|---|---|---|
Associated Rounds | Acq - Fin | Private Equity | Private Equity |
Provider Type | Counsel | Investment Bank | Investment Bank |
Service Type | General Counsel | Financial Advisor | Financial Advisor |
Partnership data by VentureSource
H.I.G. Capital Team
49 Team Members
H.I.G. Capital has 49 team members, including current Founder, Chief Executive Officer, Sami W. Mnaymneh.
Name | Work History | Title | Status |
---|---|---|---|
Sami W. Mnaymneh | Morgan Stanley & Co. | Founder, Chief Executive Officer | Current |
Name | Sami W. Mnaymneh | ||||
---|---|---|---|---|---|
Work History | Morgan Stanley & Co. | ||||
Title | Founder, Chief Executive Officer | ||||
Status | Current |
Discover the right solution for your team
The CB Insights tech market intelligence platform analyzes millions of data points on vendors, products, partnerships, and patents to help your team find their next technology solution.