Business

H.I.G. Capital completes sale of Safe-Guard

 

icordle@MiamiHerald.com

Miami-based private equity firm H.I.G. Capital said Friday that it completed the sale of Safe-Guard Products International to an affiliate of Goldman Sachs. The purchase price was not disclosed.

Based in Atlanta, Safe-Guard is a provider of finance and insurance products to the automotive industry.

H.I.G., which has more than $10 billion of equity capital under management, said Safe-Guard’s revenues have nearly tripled since it invested in the company in 2007.

INA PAIVA CORDLE

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