H.I.G. Capital Notizie
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H.I.G. Capital Acquires Polygon S.p.A.
LONDON – March 8, 2023 – H.I.G. Capital (“H.I.G.”), a leading global alternative asset investment firm with $55 billion of equity capital under management, is pleased to announce that one of its affiliates has acquired Polygon S.p.A. (“Polygon” or the “Company”).
Based in Rome and Milan, Polygon is a leading provider of integrated healthcare maintenance services to hospitals in Italy and Spain. The Company is active in the installation, management, maintenance, and repair of biomedical and diagnostic imaging equipment, with over 500k managed devices and 970k interventions per year.
Stefano Giambelli, Managing Director of the H.I.G. European Middle Market LBO team, commented: “We have been impressed by Polygon's track record of continuous growth and resiliency, and we see enormous potential in leveraging our experience to help Polygon maximise its performance. We are proud to partner with Armando Ardesi and his team and believe H.I.G. is the ideal partner to support the management team in the next phase of its growth”.
Markus Noe-Nordberg, Managing Director and Head of the H.I.G. European Middle Market LBO team said: “We are delighted to have the opportunity to invest in Polygon. H.I.G. has had great success investing in primary deals, and we will use this experience to help the management team accelerate the expansion of Polygon”.
Armando Ardesi, CEO of Polygon, added: “It is with great pride and enthusiasm that the entire management team and I welcome H.I.G. as our new shareholder. Polygon has a strong reputation for technical excellence and industry-leading client service; with the support of H.I.G., we will be able to broaden the services to our customers and further invest in the Company’s growth, while maintaining intact those roots and values that have allowed Polygon to become the leading player in its market”.
Polygon is a leading provider of integrated management of medical equipment in hospitals in Italy and Spain, with 5 offices and over 600 employees. Polygon's offer includes services such as the audit of biomedical equipment, corrective and preventive maintenance, safety checks, calibration, quality control, and in-depth consultancy and design collaboration partnerships with hospitals. In particular, the Company is among the few exclusive integrated healthcare technology partners with a recognized long standing, industry leading, multivendor expertise across multiple technologies. For further information, please refer to the website https://polygon.eu.
About H.I.G. Capital
H.I.G. is a leading global alternative assets investment firm with $55 billion of equity capital under management.* Based in Miami, and with offices in New York, Boston, Chicago, Dallas, Los Angeles, San Francisco, and Atlanta in the U.S., as well as international affiliate offices in London, Hamburg, Madrid, Milan, Paris, Rio de Janeiro, São Paulo and Bogotá, 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.
- H.I.G.’s real estate funds invest in value-added properties, which can benefit from improved asset management practices.
- H.I.G. Infrastructure focuses on making value-add and core plus investments in the infrastructure sector.
Since its founding in 1993, H.I.G. has invested in and managed more than 400 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 managed by H.I.G. Capital and affiliates.