H.I.G. Cash Announces Progress Expenditure in Harmony and Upton Hill | Business enterprise
3 min readSAN FRANCISCO–(Business WIRE)–Apr 6, 2021–
H.I.G. Money (“H.I.G.”), a main worldwide choice expense agency with about $43 billion of equity money beneath administration, is happy to announce that an affiliate has finished a growth expenditure in Concord United states of america, LLC (“Concord” or the “Company”) and Upton Hill Inc (“Upton Hill”).
Headquartered in Minneapolis, MN, Concord delivers know-how consulting and digital transformation expert services to primary organization customers in health care, engineering, production, and financial expert services. Established in 2003, the Organization offers a extensive suite of solutions within cloud programs & integration, facts & analytics, information and facts security, digital & person practical experience, and advisory providers. In relationship with H.I.G.’s expense, Concord has obtained Upton Hill, a Minnesota-centered, health care concentrated consulting agency with deep health care payor skills.
Florin Ibrani, Concord’s Main Executive Officer, mentioned, “We are excited to enter our future phase of progress and welcome H.I.G. as our new companion. We believe this partnership will support us deliver more providers and improved abilities to our prospects. Additionally, Upton Hill deepens our experience in the elaborate payor ecosystem, supplying our respective shoppers with close-to-conclude options to fulfill their special worries.”
Kevin Van Culin, Controlling Director at H.I.G., commented, “We have been incredibly amazed with Concord’s administration group and the excellent of their workforce, and have a shared vision for the company. We are thrilled to be partnering with Concord and Upton Hill to guidance the Company’s advancement although maintaining the solid tradition that has attracted field main talent and long tenured prospects.”
Hennepin Associates LLC served as the exceptional financial advisor to Concord on the transaction and Faegre Baker Daniels LLP offered lawful assistance. Clearsight Advisors served as economical advisor to H.I.G. and McDermott Will & Emery LLP provided legal tips.
About Harmony
Concord Usa, LLC (“Concord”) is a main technology consulting and electronic transformation company based in Minneapolis, MN, with supporting operations in Japanese Europe. Concord serves main enterprises and innovators in the healthcare, know-how, producing, and money expert services industries. With a one of a kind mix of sector skills, technological know-how know-how, and task execution dependability, Concord aids its shoppers unlock enterprise worth by solving their most tough information and technology troubles. For additional facts, you should go to www.concordusa.com.
About H.I.G. Capital
H.I.G. is a main international personal fairness and different belongings investment company with about $43 billion of equity funds beneath administration.* Based mostly in Miami, and with workplaces in New York, Boston, Chicago, Dallas, Los Angeles, San Francisco, and Atlanta in the U.S., as very well as global affiliate places of work in London, Hamburg, Madrid, Milan, Paris, Bogotá, Rio de Janeiro and São Paulo, H.I.G. specializes in offering both equally financial debt and fairness funds to modest and mid-sized providers, making use of a adaptable and operationally focused/ benefit-extra technique. Given that its founding in 1993, H.I.G. has invested in and managed far more than 300 organizations throughout the world. The firm’s latest portfolio involves additional than 100 businesses with mixed revenue in excessive of $30 billion. For more info, make sure you refer to the H.I.G. web site at www.higcapital.com.
* Primarily based on whole money commitments managed by H.I.G. Funds and affiliates.
Look at resource variation on businesswire.com:https://www.businesswire.com/information/property/20210406005004/en/
Call: Kevin Van Culin
Handling Director
Tyler Levin
Principal
Search term: UNITED STATES NORTH The usa CALIFORNIA MINNESOTA
Industry Keyword: Technological know-how OTHER Expert Services Health Producing FINANCE BANKING Expert Providers OTHER Technology Program Typical Wellbeing Online OTHER Producing Info Management Stability
Supply: H.I.G. Cash
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PUB: 04/06/2021 06:00 AM/DISC: 04/06/2021 06:01 AM
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