H.I.G. Growth Partners News
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H.I.G. Capital Completes Significant Investment in Eze Castle Integration
BOSTON – June 4, 2018 – H.I.G. Capital ("H.I.G."), a leading global private equity investment firm with more than $25 billion of equity capital under management, is pleased to announce that one of its affiliates has completed a significant investment in Eze Castle Integration, Inc. (“ECI” or the “Company”), the premier provider of managed IT services and cloud solutions to financial service firms, including global asset managers, investment firms, and investment banks, as well as a wide variety of other professional services and corporate clients.
Since its founding in 1995, ECI has developed strong industry recognition for its market leadership and subject matter expertise in providing IT infrastructure, cybersecurity, communications and business protection to some of the most sophisticated financial organizations in the world. With over 650 customers worldwide, ECI addresses the needs of a variety of clients ranging from investment managers including private equity, hedge fund, asset management, and wealth management firms to financial services organizations including investment banks, insurance brokers, REITs, fintech companies, fund administrators, and other professional services firms. Headquartered in Boston, MA, ECI has global presence in key financial centers across three continents with 11 offices and 7 data centers throughout the U.S., UK, and Asia.
“ECI’s global white glove service and its highly scalable and secure cloud infrastructure and platform create a differentiated end-to-end solution that is indispensable for its clients’ daily operations,” said Todd Ofenloch, Managing Director at H.I.G. “We look forward to working with the management team, supporting the rapid adoption of new products including the Eze Hybrid Cloud, and accelerating the Company’s growth within its existing as well as new end markets.”
“Eze Castle Integration is at an exciting time in its evolution as the market demand for the company’s managed services is at an all-time high across the entire financial industry sector and beyond,” said John Cahaly, CEO of ECI. “The investment by H.I.G. will support the company’s next phase of product innovation, continued global expansion and increased sales execution and reach.”
About Eze Castle Integration
Eze Castle Integration is the leading provider of managed IT services, complete cloud solutions and cybersecurity to more than 650 firms worldwide. The company’s products and services include Cloud Services, Managed Cyber Security Solutions, Technology Consulting, Outsourced IT Support, Project & Technology Management, Professional Services, Telecommunications, Voice over IP, Business Continuity Planning and Disaster Recovery, Archiving, Storage and Colocation. Eze Castle Integration is headquartered in Boston and has offices in Chicago, Dallas, Hong Kong, London, Los Angeles, Minneapolis, New York, San Francisco, Singapore and Stamford.
About H.I.G. Capital
H.I.G. is a leading global private equity and alternative assets investment firm with more than $25 billion of equity capital under management.* Based in Miami, and with offices in New York, Boston, Chicago, Dallas, Los Angeles, San Francisco, and Atlanta in the U.S., as well as international affiliate offices in London, Hamburg, Madrid, Milan, Paris, Bogotá, Mexico City, Rio de Janeiro and São Paulo, 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:
- 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.
- 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.
- H.I.G.’s real estate funds invest in value-added properties, which can benefit from improved asset management practices.
Since its founding in 1993, H.I.G. has invested in and managed more than 300 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 managed by H.I.G. Capital and affiliates.