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H.I.G. Capital Acquires Logistics and Hotel Assets for €600M
H.I.G. Capital Advisors is currently managing investments worth 600 million euros in logistics and hotels through its subsidiary, Inventio. The firm is also exploring additional projects and potential expansions beyond Greece, particularly in Italy and Spain.
To date, H.I.G. has invested around 1.5 billion euros in Greece, with approximately 400 million euros allocated to equity funds. The firm has recently extended its timeline for exiting existing investments by five years, as stated by Konstantinos Bitros, managing director of Inventio Group.
Bitros emphasized that H.I.G. is now recognized as a strategic investor in Greece. The firm’s growth trajectory has prompted it to allocate more funds, although a disinvestment phase is anticipated in the future, with a current margin extending until 2029. The returns from H.I.G.'s investments in both logistics and hotel sectors are reported to be between 15% and 17%.
H.I.G. operates through two primary business entities: Ella Resorts in the hotel industry and Streem Global in logistics. According to company executives, H.I.G. ranks among the top three most active foreign investors in Greece, employing approximately 5,000 individuals across its operations.