H.I.G. Capital Welcomes Carlos Couret as Managing Director for Spain's Private Equity Sector

H.I.G. Capital Strengthens Team with Carlos Couret

In a significant move for the firm, H.I.G. Capital has welcomed Carlos Couret as the Managing Director and Head of Lower Middle Market Private Equity in Spain. With a robust background that spans over 17 years in mid-market private equity, Couret brings a wealth of experience, including capabilities in sourcing, executing, and exiting investments across various industries.

Prior to joining H.I.G., his distinguished career included roles at ProA Capital as a senior investment professional, and at BNP Paribas, where he worked in both their New York and Madrid offices. This impressive pedigree makes him a valuable asset to H.I.G. as they aim to consolidate and expand their influence in the Spanish and Portuguese markets.

Wolfgang Biedermann, the Executive Managing Director and Head of H.I.G. Private Equity for Europe, expressed enthusiasm about Couret’s appointment. He stated, "Carlos has an impressive track record, and I am confident that he is the right person to further strengthen H.I.G.'s franchise in Spain and Portugal." This sentiment echoes the confidence H.I.G. has in their strategic objectives for the region.

As companies in Southern Europe face diverse challenges and opportunities, the role of private equity is increasingly critical. H.I.G. Capital's endorsement of Couret resonates with their long-term vision of enhancing operational performance and driving value within their portfolio. Olivier Boyadjian, the Managing Director in charge of H.I.G.’s Paris Office, noted, "His arrival demonstrates our firm commitment to the Southern European region," reinforcing their focus on this dynamic market.

H.I.G. Capital, with $75 billion in capital under management, is a leader in alternative investments globally. Their operational approach is multifaceted, focusing on both debt and equity investments in middle-market companies while utilizing a flexible strategy that emphasizes operational improvements. With a broad geographical presence, including offices in major financial cities around the world, they specialize in management buyouts, recapitalizations, and corporate carve-outs to cater to both flourishing and underperforming sectors.

Since its inception in 1993, H.I.G. has successfully invested in and managed over 400 companies across various industries. They currently oversee a portfolio exceeding 100 companies, generating combined sales of over $53 billion. Couret's leadership is expected to bolster their already robust capabilities in executing strategies aimed at catalyzing growth within these enterprises.

The appointment of Carlos Couret signifies H.I.G. Capital's continuing ambition to establish a regional leadership role as a potent player in the private equity landscape of Spain and beyond. As they pursue new opportunities and partnerships, Couret's seasoned expertise in the private equity domain is anticipated to steer the firm towards even greater successes.

In the fast-evolving financial market, H.I.G. Capital remains committed to searching for partnerships and strategies that will create long-term value. With the addition of Carlos Couret, the firm looks poised to enhance its operational focus and advantages in the Lower Middle Market segment, ultimately enriching the investment experience they provide to their stakeholders as they navigate the complexities of today's economic environment.