H.I.G. Capital Promotes John Von Bargen and Todd Ofenloch to Managing Director
BOSTON – March 2, 2016 – H.I.G. Capital (“H.I.G.”), a leading global investment firm with $19 billion of equity capital, announced today that it has promoted John Von Bargen and Todd Ofenloch to Managing Director in its U.S. LBO group.
John has been a member of the Boston LBO team since joining the firm as an Associate in 2004. He has been a key player in a number of successful current and previous investments, including Insight Global, Accupac, nextSource, and most recently, Constructive Media. John has also been a major contributor in other parts of the firm, including leading the annual training program and taking on and achieving successful results for H.I.G. in a number of legacy investments.
Todd has been a member of H.I.G.’s Boston LBO team since joining the firm from Parthenon Capital. He has taken the lead on a number of investments, including Onyx Payments, Pro-Pet, AERT, and Salary.com. He is very active in the firm’s deal sourcing efforts, and has been a key representative of H.I.G. in the M&A community. Todd has also played a very significant role in mentoring and developing the junior members of the Boston office.
“Both John and Todd have proven to be exceptional investment professionals and instrumental to our growth. They have made strong contributions to our US LBO business for years, and we are confident in their success going forward,” said Doug Berman, Executive Managing Director of H.I.G.
About H.I.G. Capital
H.I.G. is a leading global private equity and alternative assets investment firm with $19 billion of equity capital under management.* Based in Miami, and with offices in New York, Boston, Chicago, Dallas, San Francisco, and Atlanta in the U.S., as well as international affiliate offices in London, Hamburg, Madrid, Milan, Paris and Rio de Janeiro, H.I.G. specializes in providing both debt and equity capital to small and mid-sized companies, utilizing a flexible and operationally focused/ value-added approach:
- H.I.G.’s equity funds invest in management buyouts, recapitalizations and corporate carve-outs of both profitable as well as underperforming manufacturing and service businesses.
- H.I.G.’s debt funds invest in senior, unitranche and junior debt financing to companies across the size spectrum, both on a primary (direct origination) basis, as well as in the secondary markets. H.I.G. is also a leading CLO manager, through its WhiteHorse family of vehicles, and manages a publicly traded BDC, WhiteHorse Finance.
- Other H.I.G. funds invest in various real assets, including real estate and shipping.
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 100 companies with combined sales in excess of $30 billion. For more information, please refer to the H.I.G. website at www.higcapital.com.
* Based on total capital commitments to funds managed by H.I.G. Capital and its affiliates.