H.I.G. Capital Completes Acquisition of a Shopping Centre in Spain

LONDON – January 28, 2014 – Bayside Capital, a credit affiliate of H.I.G. Capital, announced today the acquisition of Parque Ceuta, a 14,736 square meters shopping centre in the city of Ceuta (Spain). The shopping center was part of the Windermere-VII Securitization.

Ahmed Hamdani, Managing Director at Bayside Capital said. “We are delighted with the acquisition of this high quality asset that has proven its outstanding performance across the business cycle. We are very excited about the opportunities in the Spanish Real Estate market and this transaction demonstrates H.I.G.’s continued commitment to investing in Spain and to growing its European Real Estate and NPL business further”.

About Bayside Capital
Bayside Capital, an affiliate of H.I.G. Capital, is an investment firm with approximately $4.5 billion under management. Focused on middle-market companies, Bayside Capital invests across several segments of the primary and secondary debt capital markets with an emphasis on long-term returns. With thirteen offices throughout the U.S. and Europe and over 250 investment professionals to draw upon, Bayside has the experience, resources, and flexibility to provide capital solutions quickly, and the strategic and operational expertise to help support its investments.

Bayside Capital is active across a wide spectrum of industries, including business services, manufacturing, healthcare, retail, food/agriculture, and specialty finance. With the ability to invest in all parts of the capital structure, Bayside is able to develop creative financing solutions and consummate transactions on an expedited basis.

Bayside Capital is a credit affiliate of H.I.G. Capital, a leading global private investment firm with more than $13 billion of equity capital under management. Since its founding in 1993, H.I.G. Capital has invested in more than 200 companies worldwide and has developed an impressive track record for creating value for its partners and investors. For more information, please refer to the Bayside Capital website at www.bayside.com.

Media contacts

To speak to Ahmed Hamdani, Managing Director, H.I.G. Bayside Capital please contact:

MHP Communications

Rory King / Fern Hammond
Direct Dial: +44 (0)20 3128 8564 / 8092
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Email: higeurope@mhpc.com