H.I.G. Growth Partners News

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Michael Phillips
Managing Director
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John Von Bargen
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H.I.G. Capital Acquires Constructive Media, a Leading Platform of Digital Media Products

BOSTON – December 8, 2015 – H.I.G. Capital (“H.I.G.”), a leading global private equity investment firm with $19 billion of equity capital under management, is pleased to announce that an affiliate has completed a strategic investment in Constructive Media (“CM” or the “Company”) a leading platform of digital media products serving the casual gaming and digital education markets.

“We are very excited about the Company’s next phase of growth and partnering with H.I.G.,” said Greg Barlow, Chief Executive Officer of Constructive Media. “Partnering with H.I.G. will provide us the operating, financial and strategic resources to continue evolving and diversifying the platform and fulfill our mission of providing enriching, educational, fun products to users of all ages.”

Mike Phillips, a Managing Director at H.I.G., commented, “Greg and the team have built an exceptional platform with a commitment to both education and entertainment. There are numerous compelling opportunities to build upon this platform, and we look forward to supporting the Company in its next phase of growth.”

About Constructive Media
Headquartered in New York City, Constructive Media was founded in the late 1990s to offer a new way to discover and enjoy math. The Company has expanded considerably since then and continues to create new products on new topics across all digital platforms – mobile, app, web, and anywhere else its audience strives to learn and play. Constructive Media serves a global audience of students, casual gamers and avid learners through its digital media platforms.

About H.I.G. Capital
H.I.G. is a leading global private equity and alternative assets investment firm with $19 billion of equity capital under management.* Based in Miami, and with offices in New York, Boston, Chicago, Dallas, San Francisco, and Atlanta in the U.S., as well as international affiliate offices in London, Hamburg, Madrid, Milan, Paris and Rio de Janeiro, H.I.G. specializes in providing both debt and equity capital to small and mid-sized companies, utilizing a flexible and operationally focused/value-added approach:

  1. H.I.G.’s equity funds invest in management buyouts, recapitalizations and corporate carve-outs of both profitable as well as underperforming manufacturing and service businesses.
  2. H.I.G.’s debt funds invest in senior, unitranche and junior debt financing to companies across the size spectrum, both on a primary (direct origination) basis, as well as in the secondary markets. H.I.G. is also a leading CLO manager, through its WhiteHorse family of vehicles, and manages a publicly traded BDC, WhiteHorse Finance.
  3. Other H.I.G. funds invest in various real assets, including real estate and shipping.

Since its founding in 1993, H.I.G. has invested in and managed more than 200 companies worldwide. The firm's current portfolio includes more than 100 companies with combined sales in excess of $30 billion. For more information, please refer to the H.I.G. website at www.higcapital.com.

* Based on total capital commitments to funds managed by H.I.G. Capital and its affiliates.