David Blechman has joined private equity firm HIG Capital’s leveraged buyout (LBO) practice as a Managing Director. Blechman joins HIG after leading a number of successful middle market private equity investments across a variety of industries, including take-privates, corporate carveouts and restructurings.
Blechman brings over 16 years of private equity and investment banking experience. Previously, he was a Managing Director at Tower Three Partners and a Principal at Sun Capital Partners. Prior to Sun Capital, Blechman spent five years with The Blackstone Group in the Restructuring and Reorganisation practice. He began his career with Lehman Brothers investment banking, working in Chicago and London. Blechman received his undergraduate degree in economics from University of Chicago and earned his M.B.A. from Columbia Business School, and served as Adjunct Professor of Finance at Columbia Business School.
Blechman will be based in New York, and be part of the HIG. LBO Fund IV team, which focuses on companies with USD25 to USD200 million of enterprise value.
Executive Managing Director, Doug Berman (pictured), says: "Having successfully led eighteen platform and add-on acquisitions in the past, David brings a wealth of experience to HIG and will be a valuable asset to our team. We are delighted that he is joining our team."
