Miami has emerged as a prime location for private equity firms, attracting top-tier investment groups like H.I.G. Capital, Trivest Partners, and Sun Capital Partners. These firms leverage the city’s strategic geographic position, robust business ecosystem, and favorable tax environment to drive investment opportunities across diverse industries. The Miami private equity landscape offers dynamic growth potential for investors seeking innovative strategies. For those interested in connecting with like-minded professionals, explore our community at alexejpikovsky.com/community.
H.I.G. Capital
Investment Style: H.I.G. Capital specializes in leveraged buyouts, recapitalizations, and growth equity investments in small and mid-sized companies across a broad range of industries. They adopt a hands-on approach to help businesses achieve operational improvements and strategic growth.
Portfolio Companies: H.I.G. Capital’s portfolio includes companies such as Surgery Partners (healthcare services), Goodpack (supply chain), and American Hardwood Industries (wood manufacturing).
Founding Date: 1993
Number of Investment Professionals: Over 400
Assets Under Management: Approximately $65 billion
Key Investment Professionals:
- Sami Mnaymneh, Co-Founder and Co-CEO: Mnaymneh leads the strategic direction of the firm and has been integral in growing H.I.G.’s platform globally.
- Tony Tamer, Co-Founder and Co-CEO: Tamer focuses on investment activities and expansion strategies, contributing to H.I.G.’s success in multiple sectors.
- Brian Schwartz, Executive Managing Director: Schwartz plays a critical role in managing the firm’s investment activities, particularly in the middle market.
Recent Exits:
- Cardinal Logistics, a major player in the logistics sector, was successfully exited through a strategic sale.
- ATX Networks, a leading provider of network infrastructure systems, was sold to a strategic acquirer.
Recent Acquisitions:
- Aero Precision, a global leader in military aviation parts and distribution.
- Rehab Management Group, expanding their portfolio in the healthcare services sector.
Office Locations:
- Miami: 1450 Brickell Avenue, 31st Floor, Miami, FL 33131
- Additional Offices: Atlanta, Boston, Chicago, Dallas, Los Angeles, New York, San Francisco, and others globally
Website: www.higcapital.com
Quote: “Our differentiated approach involves providing not just capital but also strategic expertise and operational support to help our portfolio companies reach their full potential.” – Sami Mnaymneh, Co-Founder and Co-CEO
Trivest Partners
Investment Style: Trivest Partners focuses on founder and family-owned businesses, typically investing in lower middle-market companies. Their investment strategy emphasizes operational improvements and growth initiatives for long-term success.
Portfolio Companies: Trivest Partners’ portfolio includes companies like iGPS Logistics (pallet services), Turnpoint Services (home services), and Jon-Don (cleaning and restoration supplies).
Founding Date: 1981
Number of Investment Professionals: Over 50
Assets Under Management: Approximately $4 billion
Key Investment Professionals:
- Troy Templeton, Managing Partner: Templeton is responsible for the overall management and strategic direction of Trivest Partners.
- Russ Wilson, Partner: Wilson plays a significant role in sourcing and executing new investments, as well as managing portfolio companies.
- Jaime Johnson, Partner: Johnson focuses on operational enhancements and strategic growth initiatives for portfolio companies.
Recent Exits:
- Home Performance Alliance, a leading provider of home improvement services, was exited through a strategic sale.
- Pelican Water Systems, specializing in water filtration systems, was successfully sold to a strategic buyer.
Recent Acquisitions:
- Hoffman Southwest Corp, a provider of water flow solutions and services.
- GetixHealth, expanding their presence in the healthcare services sector.
Office Locations:
- Miami: 550 South Dixie Highway, Suite 300, Coral Gables, FL 33146
- Additional Offices: Boca Raton, Charlotte, and Los Angeles
Website: www.trivest.com
Quote: “We pride ourselves on being partners who prioritize the needs and values of founder-led businesses, ensuring their legacy and future growth.” – Troy Templeton, Managing Partner
Comvest Partners
Investment Style: Comvest Partners focuses on middle-market companies, providing flexible capital solutions and strategic support to drive growth and operational enhancements. They invest across a range of industries, including healthcare, technology, and consumer services.
Portfolio Companies: Comvest Partners’ portfolio includes companies like AxisPoint Health (healthcare technology), DynaGrid (utility services), and Community Intervention Services (behavioral health).
Founding Date: 2000
Number of Investment Professionals: Over 80
Assets Under Management: Approximately $9 billion
Key Investment Professionals:
- Michael Falk, Co-Founder and Managing Partner: Falk oversees Comvest’s investment activities and strategic decisions, ensuring alignment with the firm’s growth objectives.
- Robert O’Sullivan, Senior Partner: O’Sullivan plays a key role in sourcing new investment opportunities and managing portfolio companies.
- Roger Marrero, Managing Partner: Marrero focuses on operational improvements and strategic growth for portfolio companies.
Recent Exits:
- FastMed, a leading provider of urgent care services, was sold to a strategic acquirer.
- Innovation Group, specializing in insurance software solutions, was successfully exited through a strategic sale.
Recent Acquisitions:
- InMotion Entertainment, a retailer of electronics and accessories for travelers.
- InstaMed, expanding their portfolio in the healthcare payments sector.
Office Locations:
- Miami: 525 Okeechobee Blvd, Suite 1050, West Palm Beach, FL 33401
- Additional Offices: Chicago, Los Angeles, and New York
Website: www.comvest.com
Quote: “We are committed to working collaboratively with management teams to drive significant growth and value creation.” – Michael Falk, Co-Founder and Managing Partner
Sun Capital Partners
Investment Style: Sun Capital Partners focuses on leveraged buyouts of market-leading businesses that require operational expertise to realize their full potential. They emphasize value creation through strategic initiatives and operational improvements.
Portfolio Companies: Sun Capital’s portfolio includes companies like Horizon Services (home services), Stanton Carpet (flooring products), and Big Shoulders Capital (financial services).
Founding Date: 1995
Number of Investment Professionals: Over 130
Assets Under Management: Approximately $13 billion
Key Investment Professionals:
- Marc Leder, Co-Founder and Co-CEO: Leder is responsible for overseeing the firm’s investment activities and strategic direction.
- Rodger Krouse, Co-Founder and Co-CEO: Krouse focuses on strategic growth initiatives and operational improvements within the firm’s portfolio.
- Jeremy Stone, Senior Managing Director: Stone plays a crucial role in leading investment activities and managing key portfolio companies.
Recent Exits:
- ClearChoice Management Services, a leader in dental implant services, was sold to a strategic buyer.
- Flab.com, a provider of online fitness solutions, was successfully exited through a strategic sale.
Recent Acquisitions:
- Fitco, an innovator in gym and fitness solutions.
- totes ISOTONER, adding to their portfolio in the apparel and accessories sector.
Office Locations:
- Miami: 5200 Town Center Circle, Suite 600, Boca Raton, FL 33486
- Additional Offices: New York and Los Angeles
Website: www.suncappart.com
Quote: “We differentiate ourselves by being operationally focused and bringing the necessary resources to transform businesses into better versions of themselves.” – Marc Leder, Co-Founder and Co-CEO
Boyne Capital Partners
Investment Style: Boyne Capital Partners focuses on lower middle-market companies with a particular emphasis on founder and family-owned businesses. Their strategy involves providing growth capital and strategic support to accelerate business expansion.
Portfolio Companies: Boyne Capital’s portfolio includes AmeriBest (home healthcare services), Mavo Systems (environmental and specialty contracting), and PuroClean (property damage restoration).
Founding Date: 2006
Number of Investment Professionals: Over 25
Assets Under Management: Approximately $750 million
Key Investment Professionals:
- Derek McDowell, Managing Partner: McDowell leads the firm’s investment strategy and oversees its execution across portfolio companies.
- Aaron Rosen, Partner: Rosen focuses on investment origination and execution, as well as managing portfolio company operations.
- John Monaghan, Partner: Monaghan specializes in driving operational improvements and strategic growth initiatives within portfolio companies.
Recent Exits:
- Convergent Security Solutions, a leader in security services, was successfully sold to a strategic acquirer.
- Engineering Services Network, specializing in government contracting, was exited through a strategic sale.
Recent Acquisitions:
- Tandem Hospital Partners, expanding their healthcare services portfolio.
- United Living Group, enhancing their presence in the construction and infrastructure sector.
Office Locations:
- Miami: 3399 Ponce de Leon Blvd, Suite 710, Coral Gables, FL 33134
Website: www.boynecapital.com
Quote: “We are uniquely positioned to bring transformative growth to businesses through our in-depth sector knowledge and hands-on partnership approach.” – Derek McDowell, Managing Partner
KLH Capital
Investment Style: KLH Capital focuses on investing in lower middle-market companies, typically partnering with owner-operators and management teams. Their investment strategy is centered on long-term growth and operational improvements.
Portfolio Companies: KLH Capital’s portfolio includes companies such as Aero Operating (aerospace components), T-H Marine (marine accessories), and Vektek (hydraulic clamping devices).
Founding Date: 2005
Number of Investment Professionals: Over 15
Assets Under Management: Approximately $800 million
Key Investment Professionals:
- James Darnell, Managing Partner: Darnell oversees KLH Capital’s investment activities and works closely with portfolio companies to drive strategic growth.
- Keith Vandegrift, Partner: Vandegrift is involved in sourcing and executing new investments, as well as managing existing portfolio companies.
- Spencer Lloyd, Partner: Lloyd focuses on operational enhancements and strategic initiatives to support portfolio companies’ growth.
Recent Exits:
- Federal Resources, a provider of mission-critical solutions to defense and first responder markets, was successfully exited through a strategic sale.
- Vertex Solutions, specializing in training and simulation, was sold to a strategic buyer.
Recent Acquisitions:
- Premier Performance Products, a distributor of automotive aftermarket performance products.
- ZSi-Foster, adding to their portfolio in the industrial and manufacturing sector.
Office Locations:
- Miami: 4030 West Boy Scout Blvd, Suite 925, Tampa, FL 33607
Website: www.klhcapital.com
Quote: “Our partnership approach and commitment to operational excellence set us apart, allowing us to create value for our portfolio companies and investors alike.” – James Darnell, Managing Partner
Farlie Turner & Co.
Investment Style: Farlie Turner & Co. specializes in mergers and acquisitions advisory and invests in middle-market companies with a focus on growth and expansion strategies. They emphasize building long-term relationships and strategic partnerships to support portfolio companies.
Portfolio Companies: Farlie Turner’s portfolio includes regional companies across a variety of sectors, reflecting their diverse investment approach.
Founding Date: 2004
Number of Investment Professionals: Over 20
Assets Under Management: Not publicly disclosed
Key Investment Professionals:
- Roberto R. Farlie, Founding Partner: Farlie is responsible for overseeing the firm’s investment activities and strategic direction.
- Robert F. Turner, Founding Partner: Turner focuses on investment strategies and operational improvements for portfolio companies.
- Christian G. Castrillon, Partner: Castrillon plays a significant role in sourcing and executing investment opportunities.
Recent Exits:
- Regional medical device manufacturer sold to a strategic acquirer, enhancing their growth and market position.
- Mid-sized technology firm specializing in software solutions exited through a strategic sale.
Recent Acquisitions:
- Local logistics company, expanding their presence in the supply chain sector.
- Regional healthcare service provider, enhancing their healthcare portfolio.
Office Locations:
- Miami (Headquarters): 2800 Ponce de Leon Blvd, Suite 1425, Coral Gables, FL 33134
Website: www.farlieturner.com
Quote: “Our commitment to creating value through strategic partnerships and operational excellence is what truly sets us apart in the investment landscape.” – Roberto R. Farlie, Founding Partner
Boyle Capital
Investment Style: Boyle Capital focuses on private equity investments in small to mid-sized family-owned businesses. Their strategy involves providing growth capital and support for operational enhancements to promote long-term success.
Portfolio Companies: Boyle Capital’s portfolio includes companies in various sectors including manufacturing, services, and technology.
Founding Date: 1998
Number of Investment Professionals: Over 10
Assets Under Management: Not publicly disclosed
Key Investment Professionals:
- James Boyle, Founder and CEO: Boyle leads the firm’s strategic initiatives and oversees investment activities.
- Kelly O’Neill, Partner: O’Neill focuses on sourcing new investments and managing portfolio companies for growth.
- Mark Stevens, Partner: Stevens is responsible for operational improvements and strategic growth within portfolio companies.
Recent Exits:
- Family-owned manufacturing company was successfully sold to a strategic buyer.
- Regional service provider specializing in logistics exited through a strategic sale.
Recent Acquisitions:
- Regional technology firm, expanding their presence in the tech sector.
- Local manufacturing company, enhancing their industrial portfolio.
Office Locations:
- Miami (Headquarters): 2600 S Douglas Rd, Coral Gables, FL 33134
Website: www.boylecapital.com
Quote: “Our focus on family-owned businesses allows us to partner closely with owners to drive growth and create lasting value.” – James Boyle, Founder and CEO
Conclusion
Miami’s private equity landscape continues to evolve, presenting dynamic opportunities for strategic investors. The city’s robust ecosystem, diverse sectors, and attractive economic environment make it a compelling destination for private equity firms seeking high-potential ventures. As the market matures, firms that understand local nuances and leverage sophisticated investment strategies will likely emerge as leaders.
Want to dive deeper into exit strategies and business acquisitions? Subscribe to my YouTube channel @alexejpikovsky for weekly insights that can transform your understanding of successful exit planning.