Proventis Partners advised H.I.G. Europe

H.I.G. Europe, an affiliate of H.I.G. Capital, LLC (“”H.I.G.””), has signed a definitive agreement to acquire Lagardère Sports (the “Company”) from Groupe Lagardère, a multinational media group, which will retain a minority shareholding of 24.9%.

Lagardère Sports is with 1.300 employees a leading global sports marketing firm providing sponsorship, media, brand consulting, as well as event management, and athlete management services.

H.I.G. is a leading global private equity and alternative assets investment firm with over €31 billion of equity capital under management. Since its founding in 1993, H.I.G. has invested in and managed more than 300 companies worldwide.

Based on its longstanding experience in advising on transactions in the sports marketing sector and a strong network of industry experts, Proventis Partners initiated the transaction for H.I.G. and supported the investment team throughout the acquisition process.