Key Takeaways
- • H.I.G. Capital appoints Carlos Couret as managing director and head of lower middle market private equity in Spain, expanding the firm's Southern European footprint in a dedicated leadership role.
- • Couret brings 17 years of mid-market private equity experience across origination, execution, and exits, previously serving as senior investment professional at ProA Capital and in roles at BNP Paribas in New York and Madrid.
- • The appointment follows a one-year interim leadership period by Olivier Boyadjian and signals H.I.G.'s sustained commitment to the Iberian region amid competitive lower middle market activity.
- • H.I.G. Capital manages $75 billion in assets under management with a portfolio exceeding 100 companies generating combined sales of $53 billion, positioning the firm as a significant player in European middle-market investment.
- • The leadership strengthening in Spain reflects H.I.G.'s broader European expansion strategy, with established offices across major financial centers including Madrid, London, Paris, Milan, and Luxembourg.
Summary
Couret's appointment addresses operational leadership in a market segment that H.I.G. views as critical to its European strategy. He brings 17 years of mid-market private equity experience, with demonstrated expertise in deal origination, execution, and exit management across multiple industries. Prior to joining H.I.G., Couret served as senior investment professional at ProA Capital, and previously held positions at BNP Paribas in both New York and Madrid offices, providing him with transatlantic deal experience and local market knowledge.
Wolfgang Biedermann, executive managing director and head of H.I.G. Private Equity in Europe, characterized the appointment as strengthening the firm's franchise across Spain and Portugal. Boyadjian echoed this sentiment, noting that Couret's arrival "demonstrates our firm commitment to the Southern European region" following a period of interim stewardship. The dual endorsement underscores H.I.G.'s confidence in Couret's capability to build and scale the lower middle market practice in a region where mid-market transaction activity remains robust.
H.I.G. Capital, founded in 1993 and headquartered in Miami, operates as a global alternative investment firm with $75 billion in capital under management. The firm has invested in and managed more than 400 companies worldwide, with its current portfolio comprising more than 100 companies generating combined annual sales exceeding $53 billion. H.I.G. maintains an extensive international office network spanning the United States, Europe, and emerging markets, including Madrid, London, Paris, Milan, Hamburg, Luxembourg, Bogotá, Rio de Janeiro, Dubai, and Hong Kong. The firm specializes in providing debt and equity capital to middle-market companies through operationally focused investment strategies, a positioning that aligns with Couret's background and operational expertise.
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