H.I.G. Capital Launches New Self-Storage Platform in Italy
On October 15, 2025, H.I.G. Capital, a prominent global alternative investment firm with $70 billion in assets under management, announced the establishment of its new self-storage platform in Italy following the successful acquisition of its first five locations in the region. This new venture, branded as Boxengo, aims to expand H.I.G.'s footprint in the self-storage industry, building upon its established platforms in the UK and Germany.
Boxengo will primarily target the metropolitan areas of Milan and Rome, initiating operations with a strategically selected portfolio of five self-storage facilities. Four of these facilities are situated in Milan, with one located in Rome. The first two locations in Milan are scheduled to open by the end of this year, while the remaining three are expected to become operational throughout 2026. The platform will be managed by William Binella, a seasoned executive with over 25 years of experience in the self-storage sector, ensuring strategic and effective leadership for Boxengo.
Riccardo Dallolio, Managing Director and Head of H.I.G. Realty in Europe, expressed enthusiasm over the milestone achieved with the completion of these initial acquisitions. Dallolio stated, "The successful completion of the first five acquisitions marks a crucial milestone for H.I.G. Realty’s strategy within the self-storage segment, which we regard as an operationally intensive and underserved sector. We are excited to develop Boxengo into a leading company in this industry."
Alessio Lucentini, Executive Director and Head of Asset Management for H.I.G. Realty in Europe, echoed this sentiment, saying, "With Boxengo, we aim to create a next-generation self-storage platform based on high-quality assets. Leveraging H.I.G. Realty's extensive track record in value-added and operational real estate, we intend to position Boxengo as the benchmark for excellence and growth in this dynamic sector."
H.I.G. Capital has established itself as one of the foremost companies in alternative investments since its inception in 1993. Based in Miami, it boasts offices across the United States, including locations in Atlanta, Boston, Chicago, Los Angeles, New York, San Francisco, and Stamford, as well as international offices in major cities like Hamburg, London, Luxembourg, Madrid, Milan, Paris, Bogotá, Rio de Janeiro, São Paulo, Dubai, and Hong Kong. H.I.G. specializes in providing both debt and equity capital to middle-market companies, employing a flexible, operationally-oriented approach that emphasizes substantial value creation.
The equity funds under H.I.G. focus on management buyouts, recapitalizations, and spin-offs of both profitable and underperforming manufacturing and service businesses. Their credit funds invest in senior, unitranche, and subordinated debt financing across companies of all sizes, through both primary (direct lending) and secondary markets. Furthermore, H.I.G. manages a publicly traded investment company, WhiteHorse Finance.
H.I.G.'s real estate funds target value-added properties that can benefit from improved asset management procedures, while H.I.G. Infrastructure focuses on value-enhancing and core-plus investments in the infrastructure sector.
Since its inception, H.I.G. has invested in and managed over 400 companies worldwide, with its current portfolio encompassing more than 100 companies generating combined revenues exceeding $53 billion. For additional details, visit the H.I.G. website at hig.com.
Contact Information:
Riccardo Dallolio, Managing Director | Email: [email protected]
Alessio Lucentini, Managing Director | Email: [email protected]
H.I.G. Capital, 10 Grosvenor Street, 2nd Floor, London W1K 4QB, United Kingdom | Phone: +44 (0) 207 318 5700 | Website: hig.com