H.I.G. Capital Announces Sale of Interpath to Bridgepoint

H.I.G. Capital's Strategic Move: Planned Sale of Interpath to Bridgepoint

H.I.G. Capital, a prominent player in the global alternative investment landscape with $72 billion in assets under management, has unveiled its plan to sell its portfolio company Interpath to renowned private equity firm Bridgepoint. This transaction is subject to customary regulatory approvals and necessary consultations with employee representatives.

Interpath stands out as a global financial consulting entity with a robust workforce of over 1,000 employees and more than 100 partners. This firm specializes in advising corporate clients, investors, and stakeholders by offering a vast array of services ranging from restructuring to mergers and acquisitions. Under H.I.G.'s ownership, Interpath has notably expanded its geographical footprint and diversified the range of services it provides.

Nishant Nayyar, a key executive at H.I.G., reflected on the firm’s journey with Interpath, stating, "When we acquired Interpath from KPMG five years ago, our objective was to establish it as the leading restructuring and financial advisory firm in the UK supported by a top-tier management team. We are proud of the significant growth and geographic expansion Interpath has achieved. We extend our gratitude to our Chairwoman, Tamara Box, and the late John Connolly for their invaluable contributions." He also expressed admiration for CEO Mark Raddan and the entire management team for their efforts in building the company.

Markus Noe-Nordberg, leader of H.I.G.'s European Middle Market LBO teams, noted, "This proposed transaction represents another successful exit for our European middle-market fund. Interpath exemplifies H.I.G.’s capability to generate substantial value through complex carve-outs and the development of leading professional services firms."

Commenting on the transition, Mark Raddan of Interpath expressed gratitude towards H.I.G. for their unwavering support and commitment throughout the past five years. He highlighted their vital role in helping the firm establish a solid foundation post-spin-off, as well as their assistance in broadening its international reach and service offerings.

Charles Welham, a partner at Bridgepoint, emphasized the high-quality, differentiated advisory platform that Interpath presents. He noted the significant growth opportunities in a booming market that allows for further market share gains. Welham reiterated the firm’s excitement in supporting exceptional talent and enhancing unique personnel makeup, ultimately accelerating the pace at which leading professionals join the Interpath platform as they enter a new growth phase.

Overview of Interpath's Financial Advisory Services

Interpath delivers comprehensive financial consulting and restructuring services tailored to meet diverse client needs. The rapidly expanding consulting operation encompasses transaction advisory and forensic services, offering a wide range of support, including dispute resolution, regulatory and compliance consulting, value creation, financial due diligence, corporate finance, and debt advisory.

Over five decades, Interpath has honed its restructuring expertise, providing financial restructuring, contingency planning, and formal restructuring and insolvency services. Moreover, the firm offers an array of multidisciplinary services such as valuations, pensions, taxation, and advanced data and technology solutions.

Headquartered in the UK, Interpath boasts 1,000 employees across 30 offices globally, including locations in Ireland, France, Spain, Germany, Austria, Switzerland, Hong Kong, Bermuda, the British Virgin Islands, the Cayman Islands, and Algeria.

H.I.G. Capital's Portfolio and Future Directions

Founded in 1993, H.I.G. Capital has invested in over 400 companies globally. The firm manages a wide array of investment funds, focusing on creating value in opportunities ranging from management buyouts to recapitalizations and corporate divestitures.

Their credit funds provide senior, unitranche, and subordinated financing for businesses of varying sizes, ensuring robust financial structuring across multiple sectors. H.I.G.'s real estate division targets value-add properties capable of benefiting from strategic management improvements.

Tracking on, H.I.G. Infrastructure places emphasis on value-creating and core-plus investments in the infrastructure sphere to harness potential growth in essential sectors.

For further insights into the sale and the operational dynamics within these firms, interested parties can visit the official websites of H.I.G. Capital and Bridgepoint.