Daily News: April 18, 2012

H.I.G. Capital Completes Investment In A10 Capital


H.I.G. Capital announced an affiliate completed a control growth investment in A10 Capital, LLC, a Boise, ID-based commercial real estate lender. A10 Capital, LLC is a full-service, nationwide lending business specializing in small to middle-market mini-perm commercial mortgage loans. The investment will be used to expand A10’s operational infrastructure and fund asset growth of the company.

“The equity infusion by H.I.G. affirms our business model and positions us for continued growth,” said Jerry Dunn, CEO of A10 Capital. “We are pleased to have the support of H.I.G. to execute our strategy to be the leading mini-perm commercial real estate lender for small to middle market properties.”

A10 Capital was founded in 2007 and has been actively lending since 2009. With six loan production offices across the United States, A10 Capital is able to serve borrowers nationwide with loans ranging from $500,000 to $10 million. Loans originated by A10 Capital are secured by real estate consisting primarily of office, retail, industrial and multifamily properties.

“The dislocation in commercial real estate lending has created an exciting market opportunity,” added Bret Wiener, a managing director of H.I.G. Capital. “We are pleased to partner with Jerry and his outstanding team to service the needs of borrowers in this market and grow A10 Capital.”

H.I.G. Capital is a private equity investment firm that specializes in providing capital to small and medium-sized companies.