HIG Middle Market (HIG), the middle market investment affiliate of HIG Capital, has appointed Andrew Freeman, formerly a partner at Paine & Partners, as a managing director in the firm’s San Francisco middle market team.
Freeman will focus on making LBO investments in the food and agribusiness sectors and will be responsible for all aspects of the investment process, including sourcing, transaction structuring, financing, and post-investment strategy development and value-creation execution.
HIG Middle Market invests in a wide range of industries, with deep expertise in virtually all segments of the economy. Through recapitalisations and private sales, corporate divestitures, and public-to-private transactions, HIG Middle Market targets businesses with EBITDA typically between USD35 and USD200 million.
HIG Middle Market is an extension of HIG’s private equity strategy, complementing its lower middle market LBO and growth equity funds. HIG Middle Market works closely with the other HIG private equity funds, but has a dedicated team in Miami, New York and San Francisco to pursue investments in larger middle market opportunities.