H.I.G. Capital announced the €1.1 billion ($1.3 billion) closing of its H.I.G. Europe Capital Partners III, which exceeded its fundraising target.
The fund is a continuation of its predecessor funds and is the third in a line-up of European lower middle market funds. The $42 billion firm’s focus is primarily within Western Europe.
“The team is excited to build upon H.I.G.’s successful European lower middle market strategy,” Wolfgang Biedermann, head of H.I.G. Europe Buyouts, added. “The current economic environment in Europe leaves . . .
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