H.I.G. Capital Expands Its Logistics Footprint with Major Acquisition in France

H.I.G. Capital Expands Its Logistics Footprint in France

H.I.G. Capital, a prominent name in the global investment landscape with over $66 billion in managed capital, has made an impressive move by acquiring a portfolio of four logistics assets located in key metropolitan areas of France. This strategic investment aligns with H.I.G.’s goal to enhance its logistics and last-mile delivery platform in Europe, tapping into the growing demand in this sector.

The newly acquired properties are situated in major logistics hubs, namely Toulouse, Bordeaux, Caen, and Rennes. Each asset is fully leased to high-caliber tenants such as Amazon, XPO, and Kuehne+Nagel, ensuring a robust return on investment due to their strong operational capabilities and brand recognition in the logistics sector.

Riccardo Dallolio, Managing Director and the European head of H.I.G. Realty, expressed his satisfaction with the acquisition, noting that it aligns perfectly with the firm's strategy of expanding its logistics operations in prime locations across Europe. He emphasized the potential for long-term growth in the logistics market, pointing to the increasing need for efficient last-mile delivery services, especially in densely populated urban centers.

Furthermore, Jérôme Fouillé, another Managing Director at H.I.G. Realty in Europe, highlighted the acquisition as a testament to the firm's strong analytical capabilities in identifying lucrative investment opportunities in France. He remarked, "The Portfolio is strategically placed in logistics sub-markets exhibiting a positive supply/demand imbalance, which is expected to fuel ongoing rental growth."

H.I.G. Capital, based in Miami, has grown significantly since its inception in 1993. The firm focuses on private equity and debt investments, particularly in mid-sized companies. Its extensive portfolio encompasses more than 100 firms worldwide, collectively generating over $53 billion in sales. H.I.G.'s diverse investment strategy includes management buyouts, recapitalizations, and corporate carve-outs across various industries, underscoring its adaptability and expertise in the investment realm.

This acquisition symbolizes a robust step towards cementing H.I.G.'s influence in the European logistics sector, amidst a market that is rapidly evolving due to changing consumer behaviors and technological advancements. As e-commerce continues to burgeon, the necessity for agile and efficient logistics solutions has never been more critical.

By expanding its footprint in France, H.I.G. is positioning itself strategically to benefit from the anticipated growth in last-mile logistics, ultimately catering to the increasing demands of both businesses and consumers for timely deliveries.

Looking ahead, H.I.G. Capital remains committed to identifying additional investment opportunities and optimizing its portfolio performance through strategic asset management, ensuring sustainable growth in the years to come. For further details on H.I.G. Capital's operations and investment strategies, interested parties can visit their official website at hig.com.