MILAAN–(BUSINESS WIRE)– H.I.G. Capital, een toonaangevende beleggingsfirma, heeft vandaag bekendgemaakt dat zijn filiaal acht vastgoedactiva in Italië gekocht. Deze portefeuille behelst meer dan 11.500 vierkante meter aan onroerend goed, dat onder meer wordt verhuurd aan retailers als OVS, Euronics en Cisalfa.
De overname is de twintigste transactie die H.I.G. Capital in Europa heeft voltooid sinds het begin van 2013. H.I.G. blijft zijn reeds omvangrijke portefeuille uitbreiden met Europees vastgoed, waarin de firma zowel met eigen als geleend vermogen investeert. Daarbij richt H.I.G zich voornamelijk op mogelijkheden met toegevoegde waarde binnen het smallcap- en midcapsegment.
H.I.G. Capital Acquires a Portfolio of 8 Retail Assets in Italy
MILAN–(BUSINESS WIRE)– H.I.G. Capital, a leading global investment firm, announced today that its affiliate has completed the acquisition of a portfolio of 8 retail assets in Italy. The portfolio comprises over 11,500 square meters and tenants include leading retailers such as OVS, Euronics and Cisalfa.
The transaction represents H.I.G. Capital’s 20 th 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: “This is our third transaction in Italy, where we are investing in both NPLs and direct assets. The Italian market represents an important part of our European strategy and we will continue to look at opportunities in the small/midcap sector.”
Gabriele Magotti, Director at H.I.G. in Milan added: “This transaction further demonstrates our ability to leverage our local presence in Italy by securing a high quality and well located real estate portfolio in Northern Italy, where we can add value through additional asset management initiatives.”
About H.I.G. Capital
H.I.G. is a leading global private equity and alternative assets investment firm with €17 billion of equity capital under management*. Based in Miami, and with offices in New York, Boston, Chicago, Dallas, 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.higcapital.com.