{"id":932,"date":"2022-02-24T18:07:52","date_gmt":"2022-02-24T18:07:52","guid":{"rendered":"https:\/\/listselfstorage.com\/uk\/industry-insights\/?p=932"},"modified":"2022-02-24T18:07:52","modified_gmt":"2022-02-24T18:07:52","slug":"h-i-g-realty-recapitalizes-self-storage-platform-in-the-uk","status":"publish","type":"post","link":"https:\/\/listselfstorage.com\/uk\/industry-insights\/h-i-g-realty-recapitalizes-self-storage-platform-in-the-uk\/","title":{"rendered":"H.I.G. Realty Recapitalizes Self Storage Platform in the UK"},"content":{"rendered":"


\nH.I.G. Capital, LLC (“H.I.G.”), a leading global alternative investment firm with over $47 billion of equity capital under management, announced today that an affiliate has acquired an interest in Titan Storage Solutions (\u201cTitan\u201d), a fast-growing self-storage operator and owner of 5 assets for a total of 142,000 sq. ft.<\/span><\/span><\/p>\n

Riccardo Dallolio, Managing Director and Head of H.I.G. Europe Realty in London, commented: \u201cWe are delighted to complete this transaction in line with our strategy of investing in platforms with strong underlying secular trends. With platforms in the cold-storage, film-production, and life-sciences sectors, we are focused on building best-in-class businesses which can achieve critical mass.\u201d<\/span><\/span><\/p>\n

Stelios Theodosiou, Managing Director at H.I.G. Europe Realty Partners, added: \u201cThe transaction demonstrates our ability to structure joint ventures with high-quality partners focused on creating best-in-class platforms in undersupplied markets. Titan\u2019s digital approach to asset procurement and ramp-up has led to a sustainable, future-proof business model. We will continue to develop the platform with a view to creating a regional champion in the UK self-storage market.\u201d<\/span><\/span><\/p>\n

About H.I.G. Capital<\/strong>: <\/span><\/span>H.I.G. is a leading global alternative assets investment firm with over $47 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, Rio de Janeiro, S\u00e3o Paulo, and Bogot\u00e1, 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:<\/span><\/span><\/p>\n