Ropes & Gray Advised H.I.G. Capital on Strategic Growth Investment in HBK

Ropes & Gray advised an affiliate of H.I.G. Capital in its strategic growth investment in HBK, one of the nation’s leading integrated accounting, tax, audit, consulting, technology, and wealth management firms. The investment establishes H.I.G. as HBK’s first institutional partner. The transaction was announced on Aug. 25.

H.I.G. is a leading global alternative investment firm with $75 billion of capital under management. H.I.G. specializes in providing both debt and equity capital to middle market companies, utilizing a flexible and operationally focused/value-added approach.

The team was led by private equity partners Jessica Murray and Carl Marcellino and private equity associate Chaitanya Jayanti, and included asset management partners Keith MacLeod and Brynn Rail, tax partners Adam Greenwood and Benjamin Rogers, employment, executive compensation & employee benefits partners Stephanie Bruce, Matt Jones, and Sharon Remmer, IP transactions partner Jordan Altman, litigation & enforcement partner Jackie Grise, executive compensation & benefits counsel Rebecca Liu, and litigation & enforcement counsel Alison McLaughlin and Kurt Fowler.