H.I.G. Growth Partners Names Nik Shah as Managing Director
BOSTON – February 24, 2015 – H.I.G. Growth Partners, LLC (“H.I.G. Growth”), the dedicated growth capital investment affiliate of H.I.G. Capital, LLC, announced today the promotion of Nik Shah to Managing Director. Mr. Shah joined H.I.G. Capital in 2007 and has been responsible for numerous investments in a wide range of industries including technology, digital media, marketing and business services. Mr. Shah will continue to focus on investments across sectors as the H.I.G. Growth team continues to expand and invest its $500 million growth equity fund.
Mr. Shah has over fifteen years of experience investing in and working with lower middle market growth companies. Prior to joining H.I.G., he was a Senior Associate at Landmark Growth Capital Partners, an Associate at AH Ventures and an Analyst at Adams Harkness. Mr. Shah received his undergraduate degree from Harvard University and his M.B.A. from Tuck School of Business at Dartmouth.
John Black, Head of H.I.G. Growth Partners, noted: “Nik has made significant contributions to the firm and has been responsible for sourcing and structuring a number of successful investments. His extensive experience investing in high-growth small-cap businesses, especially in technology-based companies, allows Nik to bring significant value to our group and portfolio investments. We are delighted to have Nik join the H.I.G. Growth Partners leadership team and expand his role within the firm.”
About H.I.G. Growth Partners
H.I.G. Growth Partners is the dedicated growth capital investment affiliate of H.I.G. Capital, a leading global private equity investment firm with over $17 billion of capital under management.* We seek to make both majority and minority investments in strong, growth oriented businesses located throughout North America, South America and Europe. We will invest $5 million to $30 million in equity in a given company and target investments in profitable growth oriented businesses with between $10 million and $100 million in revenues. We consider investments across all industries, but focus on certain high-growth sectors where H.I.G. has extensive in-house expertise such as technology, healthcare, internet and media, consumer products and technology-enabled financial and business services. Growth Partners strives to work closely with our management teams to serve as an experienced resource, providing broad-based strategic, operational, recruiting and financial management services from a vast in-house team and a substantial network of third-party relationships. For more information, please refer to the H.I.G. website at www.HIGgrowth.com.
* Based on total capital commitments to funds managed by H.I.G. Capital and its affiliates.