The story
H.I.G. Capital was founded in 1993 by Sami Mnaymneh and Tony Tamer, both of whom previously held senior positions at the Blackstone Group and Bain & Company. The company remains under their directorship. In 2006, the company expanded to its first affiliate office in Europe, which is known as H.I.G. Europe.
In 2021, the company acquired Interpath, a restructuring company spun out of KPMG, for £380 million.
In 2021, HIG agreed to a £25m settlement with the United Kingdom’s pension regulator over allegations that it forced the insolvency of the Silentnight Group in order to buy its business out of administration in 2011 without taking on the company’s defined benefit pension scheme.
In 2025, a lawsuit brought by Dailane Investments Ltd alleged HIG Capital and its founder, Sami Mnaymneh, artificially lowered the price of a portfolio asset to deliver a windfall to HIG, breaching fiduciary duty. The claims relate to the €138.9m sale of SIAT, part of the Maillis Group, to a HIG continuation fund in 2021. As of 2025, the case is ongoing.
In January 2026, H.I.G announced it had sold Interpath to Bridgepoint Group in a deal which valued the company at £800 million. Later in April 2026, co-founder Sami Mnaymneh stepped back from his role as CEO, seeing Brian Schwartz assume the role. Mnaymneh retained his role as executive chairman with the firm.
From Wikipedia’s article on H.I.G. Capital, shared under CC BY-SA 4.0.4
