H.I.G. Capital Welcomes New Addition to Growth Team
H.I.G. Capital, a prominent global alternative investment firm with $70 billion in capital under management, is thrilled to announce the addition of Harrison B. Davis to its Small-Cap & Growth (SCG) team as Managing Director. This strategic expansion is set to take place at their office in Miami and aims to bolster their investment capabilities.
Expertise of Harrison B. Davis
Harrison B. Davis brings over 15 years of specialized experience in lower middle market private equity. His impressive career includes significant investments across various sectors, including business services, industrials, consumer, and technology, media, and telecommunications (TMT). Prior to joining H.I.G., Davis excelled as a Partner at TZP Group, leading their small-cap strategy, and held key roles at Brown Brothers Harriman Capital Partners.
Harrison began his professional journey in management consulting, providing guidance to private equity-backed firms, which has equipped him with a unique perspective and understanding of the dynamics within the industry. His arrival is expected to enhance H.I.G.'s capabilities in identifying, acquiring, and managing diverse portfolio assets effectively.
Strengthening H.I.G.'s Strategic Focus
Camilo E. Horvilleur, Co-Head of the H.I.G. SCG Fund, expressed enthusiasms stating, "We are excited to welcome Harrison to the firm. His strategic insights and operational expertise will undoubtedly enhance our platform and achieve substantial outcomes for our portfolio.” This sentiment underscores H.I.G.’s commitment to growth and excellence in managing investments.
Formed by a dedicated team of 40 professionals, H.I.G.'s SCG team harnesses the firm’s vast resources and established investment track record. The SCG fund notably focuses on control equity investments in North American companies poised for growth, specifically targeting those with EBITDA under $15 million. This approach aims to identify and nurture under-managed or high-potential businesses, unlocking substantial value in their operations.
H.I.G. Capital’s Portfolio and Achievements
Since its inception in 1993, H.I.G. Capital has successfully invested in and managed over 400 companies globally. The firm's portfolio currently comprises more than 100 companies, collectively generating sales exceeding $53 billion. H.I.G. prides itself on its adaptability and hands-on approach, consistently leveraging its operational expertise to enhance business performance.
The firm operates across various sectors, providing a comprehensive suite of investment solutions including management buyouts, recapitalizations, and corporate carve-outs for both thriving and undervalued businesses. Its diverse investment strategy encompasses not only equity funds but also debt financing, including senior and junior debt options, enhancing financial flexibility for its clientele.
Commitment to Excellence and Growth
H.I.G. also maintains a strong presence in the real estate and infrastructure sectors, focusing on value-added investments. The firm emphasizes improving asset management practices while strategically entering core infrastructure investments. This breadth of investment capabilities allows H.I.G. Capital to address a wide array of market needs while ensuring a robust return on investment for its stakeholders.
As H.I.G. Capital continues to grow, the addition of Harrison B. Davis is a testament to the firm’s commitment to attracting top talent capable of navigating the complexities of the investment landscape. The organization remains focused on delivering exceptional results and fostering sustained growth across its investment portfolio.
Frequently Asked Questions
What role will Harrison B. Davis play at H.I.G. Capital?
Harrison B. Davis will serve as Managing Director in the Small-Cap & Growth team, focusing on enhancing investment strategies.
What is H.I.G. Capital's primary investment focus?
H.I.G. Capital primarily focuses on investments in lower middle-market companies, particularly those with significant growth potential.
How many companies does H.I.G. Capital manage?
H.I.G. Capital manages over 400 companies globally, with a portfolio including more than 100 companies.
What financial strategies does H.I.G. employ?
H.I.G. utilizes a range of financial strategies, including equity investments, debt financing, and operational improvements to enhance performance.
When was H.I.G. Capital founded?
H.I.G. Capital was founded in 1993 and has built a strong reputation in the investment community since then.
