H.I.G. Capital Invests in Wellness Hotel in Germany

LONDON–(BUSINESS WIRE)–H.I.G. Capital, LLC (“H.I.G.”), a leading global private equity
investment firm with over €26 billion of equity capital under
management, announced today that one of its affiliates has recently
completed an investment in BollAnts Spa im Park, a 105-room wellness
hotel resort in Bad Sobernheim, Germany. BollAnts Spa im Park is one
of the leading wellness resorts in Germany and has earned many awards
including, most recently, the prestigious Tatler award for one of the
best spas in the world (2018). Terms were not disclosed.

H.I.G. Realty continues to add to its sizeable holdings of real estate
assets across Europe, consisting of both equity as well as debt
investments, with a particular focus on its target market of value-added
small/midcap opportunities.

Riccardo Dallolio, Managing Director and Head of H.I.G. Europe Realty
Partners in London, commented: “The German real estate market represents
a key part of our European value-add strategy and we continue to
actively look at opportunities in the small/midcap sector across the
capital structure.”

Sanjoy Chattopadhyay, Managing Director at H.I.G. Europe Realty Partners
in London, added: “The transaction demonstrates our ability to leverage
our strong network and track record to acquire high-quality assets with
significant value-add potential. The fundamentals of the German wellness
industry are attractive, and we look forward to pursuing further similar

About H.I.G. Capital

H.I.G. is a leading global private equity and alternative assets
investment firm with over €26 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, Bogotá, Rio de Janeiro and São Paulo, 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

1. 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.

2. 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.

3. H.I.G.’s real estate funds invest in value-added properties, which
can benefit from improved asset management practices.

Since its founding in 1993, H.I.G. has invested in and managed more than
300 companies worldwide. The firm’s current portfolio includes more than
100 companies with combined sales in excess of €28 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