Investment Summary

H.I.G. Private Equity Invests In Parachute Home

On January 1, 2018, private equity firm H.I.G. Private Equity invested in furniture company Parachute Home

Investment Highlights
  • This is H.I.G. Private Equity’s 3rd transaction in the Furniture sector.
  • This is H.I.G. Private Equity’s 150th transaction in the United States.
  • This is H.I.G. Private Equity’s 18th transaction in California.

Investment Summary
Date 2018-01-01
Target Parachute Home
Sector Furniture
Investor(s) H.I.G. Private Equity
Deal Type Growth Capital

Target

Parachute Home

Culver, California, United States
Parachute Home is a digitally-native brand offering high quality, responsibly sourced and manufactured bedding, bath, rugs, tabletop and other home essentials. Parachute Home was founded in 2014 and is based in Culver City, California.

Search 201,292 Deals Now

SEARCH BY

  • Buyer Type (PE or Strategic)
  • Deal Size ($10M to $10B+)
  • Sector (60 Sectors)
  • Deal Type
  • Geography
  • & More

Try For Free 7-Day Free Trial

Investor(S) 1

Investor

H.I.G. Private Equity

Miami, Florida, United States

Investor Investor Investor Investor Investor

Category Private Equity Firm
Founded 1993
PE ASSETS 65.0B USD
Size Mega
Type Sector Agnostic
DESCRIPTION

HIG Private Equity is the private equity arm of HIG Capital LLC. The firm focuses on management buyouts, growth equity investments, and recapitalizations of middle market companies with an enterprise value of $50 - $1000 million. The Firm also will consider add-on acquisitions, industry consolidations, going-privates, and corporate divestitures. Sectors of interest include aerospace, building materials, business services, consumer products, distribution, healthcare, infrastructure, contracting, manufacturing, media, oil & gas services, IT, and transportation. HIG was formed in 1993 and has offices in Miami, Atlanta, Boston, and San Francisco. HIG's European affiliate is HIG Europe with offices in London, Hamburg, and Paris.

DEAL STATS #
Overall 218 of 370
Sector (Furniture) 3 of 3
Type (Growth Capital) 32 of 67
State (California) 18 of 29
Country (United States) 150 of 246
Year (2018) 1 of 21
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2017-12-05 Velocity Solutions

Fort Lauderdale, Florida, United States

Velocity Solutions provides technology solutions that drive revenue, service, and compliance for community banks and credit unions. The company's Velocity Intelligent Platform powers all of Velocity’s solutions, using machine-led intelligence that delivers powerful analytics, manages risk, and drives revenue, loans, account holder engagement, and non-interest income to its client financial institutions. Velocity Solutions was formed in 1995 and is based in Fort Lauderdale, Florida.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2018-01-02 Pro-Pet

St. Marys, Ohio, United States

Pro-Pet LLC is a manufacturer of private label and co-manufactured pet foods, including premium dog food brand Black Gold. Pro-Pet was founded in 1996 and is based in St. Marys, Ohio.

Sell -
Mergr

Product

Company

Legal