H.I.G. Capital has promoted John Von Bargen and Todd Ofenloch to Managing Director in its US LBO group. Both were previously principals of the firm.
“Both John and Todd have proven to be exceptional investment professionals and instrumental to our growth. They have made strong contributions to our US LBO business for years, and we are confident in their success going forward,” said Doug Berman, Executive Managing Director of H.I.G.
Mr. Von Bargen has been a member of the Boston LBO team since joining the firm as an Associate in 2004. He has worked on a number of investments for H.I.G. including Insight Global, Accupac, nextSource, and most recently, Constructive Media.
Mr. Ofenloch has been a member of H.I.G.’s Boston LBO team since joining the firm from Parthenon Capital in 2009. He has been a lead member of transactions teams for Onyx Payments, ProPet, AERT, and Salary.com. Mr. Ofenloch is also active with transaction sourcing.
H.I.G. Capital specializes in providing capital to small and medium-sized companies and invests in management-led buyouts and recapitalizations of manufacturing or service businesses. H.I.G. has more than $19 billion of capital under management. The firm is based in Miami with additional offices in Atlanta, Boston, Chicago, Dallas, New York, San Francisco, London, Hamburg, Madrid, Milan, Paris, and Rio de Janeiro (www.higcapital.com).
Since its founding in 1993, H.I.G. has invested in more than 200 companies worldwide. The firm’s current portfolio includes more than 100 companies with combined sales in excess of $30 billion.
© 2016 PEPD • Private Equity’s Leading News Magazine • 3-2-16
