H.I.G. Capital Names Bret Wiener as Managing Director
MIAMI – September 22, 2008 – H.I.G. Capital, a leading, global private equity investment firm, announced today the promotion of Bret Wiener to Managing Director. Mr. Wiener joined H.I.G. Capital in 2004 and has been responsible for investments in a wide range of industries including business services, financial services and aviation. As a member of H.I.G.’s Middle Market Group, Mr. Wiener will help develop H.I.G.’s middle market practice and invest the $1.5 billion pool of equity capital allocated to H.I.G.’s Middle Market investments.
Prior to joining H.I.G., Mr. Wiener worked at Microsoft. As part of their Corporate Strategy Group, he was responsible for a range of strategic and operational initiatives. Mr. Wiener received his undergraduate degree from New York University and his M.B.A. from Stanford University.
Commenting on Mr. Wiener’s promotion, Tony Tamer, co-founder and Managing Partner of H.I.G., noted: “Bret has been a valuable contributor to the firm and responsible for a number of successful investments. We are excited to have him join the partnership and know that he will prove to be an invaluable member of H.I.G.’s Middle Market Group.”
H.I.G.’s Middle Market Group manages $1.5 Billion of equity capital and focuses on middle market investments ranging from $150 million to $750 million of enterprise value, where H.I.G. is uniquely qualified to understand, evaluate and capitalize on the opportunity. Similar to H.I.G.’s other buyout investment funds which focus on smaller lower-middle-market companies; the Middle Market Group has a broad investment mandate spanning all industries. During the course of an investment, H.I.G. will seek to deploy its operating resources to be a value-added partner and to help make significant improvements in the performance and profitability of its companies.
About H.I.G. Capital:
H.I.G. Capital is a leading global private equity investment firm with more than $7.5 billion of equity capital under management. Based in Miami, and with offices in Atlanta, Boston, and San Francisco in the U.S., as well as affiliate offices in London, Hamburg and Paris in Europe, H.I.G. specializes in providing capital to small and medium-sized companies with attractive growth potential. H.I.G. invests in management-led buyouts and recapitalizations of profitable and well managed manufacturing or service businesses. H.I.G. also has extensive experience with financial restructurings and operational turnarounds. Since its founding, H.I.G. invested in and managed more than 200 companies worldwide. The firm’s current portfolio includes companies with combined revenues in excess of $7 billion. For more information, please refer to the H.I.G. website at www.higcapital.com.