Investment Spotlight

H.I.G. Growth Partners is pleased to announce that its portfolio investment, Lulus, has closed a $120 million minority equity investment led by Institutional Venture Partners, a premier growth equity firm, and Canada Pension Plan Investment Board (CPPIB), a global investment management firm.

FROM OUR PORTFOLIO COMPANY EXECUTIVES

“Within 12 months from closing our transaction we identified and recruited four key additions to the senior management team, have applied e-commerce best practices to significantly accelerate revenue growth, and are launching a full ERP implementation to support the business as it scales. H.I.G. has been highly involved and provided thought leadership every step of the way.”

Colleen Winter
Co-Founder and CEO
LuLu*s

FROM OUR PORTFOLIO COMPANY EXECUTIVES

“As we expanded our business beyond our core business of high volume TV vote shows and into offering a broader multi-screen digital platform, H.I.G.’s extensive experience, market insights and relationships in the digital and social media space was invaluable. With H.I.G.’s help, we developed effective strategies to grow and succeed in this new space.”

Jason George
CEO
Telescope

FROM OUR PORTFOLIO COMPANY EXECUTIVES

“We are launching into several new geographies in Europe and H.I.G.’s international platform and network allowed us to connect with executives, consultants and other resources who are experts on the process of geographic expansion. This paved the road for a smooth growth plan while engaging with new clients and partners.”

Gavan Thorpe
President
Boostability

FROM OUR PORTFOLIO COMPANY EXECUTIVES

“H.I.G. has been a valuable and patient partner helping us transform our business. Together we developed and executed a strategy to convert Escalate from a network revenue model to a fully-functional, self-sustaining, direct sales business putting in place the operational ‘best practices’ and KPIs to drive this change. This strategy has been critical in helping us build and grow our business.”

Mark Kaufman
CEO
Escalate Media

FROM OUR PORTFOLIO COMPANY EXECUTIVES

“In partnering with H.I.G., we set out to build, organically and through acquisition, a clinically focused, national provider of community based behavioral health, and that’s exactly what we’ve done. Looking back, I could not have asked for a better partner than H.I.G. to execute on our strategy.”

Kevin Sheehan
CEO
Community Intervention Services

FROM OUR PORTFOLIO COMPANY EXECUTIVES

“My brother and I didn’t need to sell our business. We partnered with H.I.G. because we thought that they could accelerate our growth and help us execute on an acquisition strategy to expand our product offering and geographic footprint. We now consider the professionals at H.I.G. as a valuable and integral part of our team.”

Saar Pikar
Co-CEO
CDI, Inc.