• March 31, 2016
  • Europe

H.I.G. Capital Acquires Real Estate Assets in Italy and Sweden

LONDON – March 31, 2016 – H.I.G. Capital, LLC ("H.I.G."), a leading global private equity investment firm with €18 billion of equity capital under management, announced today that affiliates have recently completed the acquisition of a portfolio of retail assets in Sweden and of an office property in Rome, Italy in two separate transactions. These properties add approximately 60,000 square meters of office and retail space to the H.I.G. European Real Estate portfolio. Tenants include leading national retailers as well as a major telecom company. Terms were not disclosed.

These transactions represent H.I.G.’s 27th and 28th real estate investment in Europe since the start of 2013. H.I.G. continues to add to its sizeable portfolio of real estate assets in Europe, consisting of both equity as well as debt investments, with a particular focus on its target market of value-added small/midcap opportunities.

Riccardo Dallolio, Managing Director at H.I.G. in London commented: “We have now closed our fifth transaction in Italy and our fourth in the Nordics. Both the Italian and the Nordics markets are key for H.I.G.’s real estate strategy in Europe and we continue to actively look at opportunities in the small/midcap sector in both regions”.

About H.I.G. Capital
H.I.G. is a leading global alternative assets investment firm with €18 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 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. Other H.I.G. funds invest in various real assets, including real estate and shipping.

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 €22 billion. For more information, please refer to the H.I.G. website at www.hig.com.

* Based on total capital commitments to funds managed by H.I.G. Capital and its affiliates.

Contacts

Riccardo Dallolio
Managing Director
rdallolio@hig.com

H.I.G. Capital
25 St. George Street
London W1S 1FS
United Kingdom
P +44 (0) 207 318 5700
F +44 (0) 207 318 5749
www.hig.com

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