Daily News: April 2, 2013

H.I.G. Capital Establishes West Coast Team

Private equity firm H.I.G. Capital announced that managing director Fraser Preston and principal Brian McMullen have relocated from its Miami office to San Francisco in order to create a West Coast presence for the H.I.G. Middle Market fund, targeting transactions with enterprise values from $200 million to $1 billion.

The firm said they will focus on making investments in leading middle market businesses located throughout North America with a particular emphasis on companies in the Western United States.

H.I.G. Middle Market invests in a wide range of industries with a focus on certain verticals in market sectors where H.I.G. has extensive experience including technology, media and telecom, consumer and retail, business services, education, healthcare and specialty manufacturing.