(PRWEB) December 14, 2011
Mr. Blechman joins H.I.G. Capital after leading a series of successful middle market private equity investments across a variety of industries, including restructurings, corporate carveouts, and take-privates. Mr. Blechman brings over 16 years of investment banking and private equity experience. He worked as a Principal at Sun Capital Partners and as a Managing Director at Tower Three Partners. Prior to working at Sun Capital, Mr. Blechman was with The Blackstone Group for five years in the Restructuring and Reorganization practice. He started his career with Lehman Brothers investment banking, working with the firm in London and Chicago. He attended the University of Chicago where he received his undergraduate degree in economics and earned his M.B.A. from Columbia Business School. He was also an Adjunct Professor of Finance at Columbia Business School.
Mr. Blechman will be part of the H.I.G. LBO Fund IV team and will focus on businesses with $25 to $200 million of enterprise value.
Doug Berman, H.I.G. Capital Executive Managing Director, stated, “Having successfully led eighteen platform and add-on acquisitions in the past, David will be a valuable asset to our team.”
H.I.G. Capital is a leading global private equity investment firm based in Miami. The firm has more than $8.5 billion of capital under management. H.I.G. specializes in providing capital to small and medium sized businesses and has offices in Atlanta, Boston, New York and San Francisco, as well as Hamburg, London and Paris in Europe.
More information about H.I.G. Capital and its affiliate Bayside Capital can be found at http://www.bayside.com/