HIG Middle Market, the dedicated middle market investment affiliate of HIG Capital, has promoted Matt Lozow to Managing Director and hired Alok Sanghvi as a Managing Director. Matt and Alok will be leading HIG’s Business Services investment efforts.
Matt has been a member of HIG’s New York Middle Market team since joining the firm in 2009. He has been a key player in several successful HIG investments including Surgery Partners, MagnaCare, SeaStar Marine and A10. Prior to joining HIG in 2009, Matt worked with private equity firms including Behrman Capital and Audax Private Equity focusing on late stage buyouts and recapitalisations. Matt began his career as a consultant with Bain & Company.
Alok will be based in HIG ’s New York office and has more than 15 years of experience in private equity and M&A. Prior to joining HIG, Alok led corporate development at MultiPlan Inc., a large healthcare company where he was responsible for corporate strategy and M&A activity. Before MultiPlan, Alok spent 8 years at Warburg Pincus where he focused on healthcare investments. He began his career at The Boston Consulting Group.
HIG Executive Managing Director Rick Rosen, says: “We are excited to have Matt and Alok head up our Business Services vertical, which has been an active and highly successful area for HIG for many years. They both have extensive experience in Business Services and we look forward to their continued achievements for the Middle Market team.”
