H.I.G. Capital Completes Investment in A10 Capital
MIAMI – April 18, 2012 – H.I.G. Capital, L.L.C., a leading global private equity investment firm, today announced an affiliate completed a control growth investment in A10 Capital, LLC, a Boise, ID based commercial real estate lender. A10 Capital, LLC is a full service, nationwide lending business specializing in small to middle market mini-perm commercial mortgage loans. The investment will be used to expand A10’s operational infrastructure and fund asset growth of the company.
“The equity infusion by H.I.G. affirms our business model and positions us for continued growth,” said Jerry Dunn, CEO of A10 Capital. “We are pleased to have the support of H.I.G. to execute our strategy to be the leading mini-perm commercial real estate lender for small to middle market properties.”
A10 Capital was founded in 2007 and has been actively lending since 2009. With six loan production offices across the United States, A10 Capital is able to serve borrowers nationwide with loans ranging from $500,000 to $10 million. Loans originated by A10 Capital are secured by real estate consisting primarily of office, retail, industrial and multifamily properties.
“The dislocation in commercial real estate lending has created an exciting market opportunity,” added Bret Wiener, a Managing Director of H.I.G. Capital. “We are pleased to partner with Jerry and his outstanding team to service the needs of borrowers in this market and grow A10 Capital.”
About A10 Capital
Founded in 2007, A10 Capital specializes in small to middle market commercial mortgage loans on a nationwide basis. Its core product, a mini-perm loan, features an intermediate term of 3-5 years that is often used to finance properties not yet in a position to obtain longer-term, permanent financing. A10 Capital is a full service lending platform, including origination, underwriting, closing, and servicing. Headquartered in Boise, ID, the firm has loan production offices in Atlanta, Chicago, Dallas, Los Angeles and San Francisco. For more information visit www.a10capital.com.
About H.I.G. Capital
H.I.G. Capital is a leading global private equity investment firm with more than $8.5 billion of equity capital under management. Based in Miami, and with offices in Atlanta, Boston, Chicago, Dallas, New York, and San Francisco in the U.S., as well as international affiliate offices in London, Hamburg, Madrid, Paris and Rio de Janeiro, H.I.G. specializes in providing capital to small and medium-sized companies. H.I.G. has extensive experience with financial restructurings and operational turnarounds. Since its founding in 1993, H.I.G. has invested in and managed more than 200 companies worldwide. The firm’s current portfolio includes more than 50 companies with combined revenues in excess of $8 billion. For more information, please refer to the H.I.G. website at www.higcapital.com.