H.I.G. Capital, LLC / H.I.G. Capital
H.I.G. portfolio company OB Streem completes Med Frigo acquisition
Summary: H.I.G. Capital announced that OB Streem, described as an H.I.G. Capital portfolio company, completed the acquisition of Med Frigo. The announcement says Med Frigo provides temperature-controlled logistics services in Greece with a focus on aquaculture-related products.
Why it matters: The update may matter to due-diligence readers as a current H.I.G. private-markets platform activity signal in specialized logistics, while the sources should not be used to infer valuation, financing, fund exposure, operating performance, expected returns, or investment merit.
Summary
H.I.G. Capital announced that OB Streem, described in the source as an H.I.G. Capital portfolio company, completed the acquisition of Med Frigo. H.I.G.’s announcement says Med Frigo is a provider of temperature-controlled logistics services in Greece with a focus on aquaculture-related products.
This draft treats the completion, OB Streem portfolio-company wording, Med Frigo description, and Greece/aquaculture logistics details as announcement facts. It does not infer transaction economics, valuation, financing, fund-level exposure, operating performance, customer concentration, expected returns, or investment merit.
Why it matters
For due-diligence readers, the useful signal is that H.I.G. is publicly linking a portfolio-company bolt-on to a specialized logistics capability in Greece. Portfolio-company acquisition completions can help readers track how a private-markets platform is using operating-company additions, sector specialization, and geographic expansion as part of its broader activity set.
The signal is bounded. The H.I.G. announcement and matching PR Newswire release support what the company said was completed and how the parties were described, but they do not independently establish deal size, ownership percentage, financing structure, specific participating fund, integration risk, logistics-market outlook, portfolio-company performance, or future results.
Source notes
- H.I.G. primary announcement: https://hig.com/news/ob-streem-an-h-i-g-capital-portfolio-company-completes-the-acquisition-of-med-frigo/
- PR Newswire copy of the announcement: https://www.prnewswire.com/news-releases/ob-streem-an-hig-capital-portfolio-company-completes-the-acquisition-of-med-frigo-302822303.html
- Public adviser identity reference for H.I.G. Capital, LLC: https://adviserinfo.sec.gov/firm/summary/160711
- Source posture: H.I.G. primary source plus press-release distribution. Attribute the acquisition-completion, portfolio-company wording, Med Frigo description, Greece, aquaculture, and temperature-controlled logistics claims to the announcement.
- Verifier support: both the H.I.G. source and PR Newswire page loaded HTTP 200 and supported the key markers: OB Streem, H.I.G. Capital, Med Frigo, acquisition completion, temperature-controlled logistics, Greece, and aquaculture. The verifier found no same-event local post or draft.
9AT filing context
For identity and platform background only, public adviser records identify H.I.G. Capital, LLC as a Miami registered adviser with CRD 160711 / SEC file 801-74338. The data-analyst handoff summarized public adviser-profile context showing about $72.3 billion in reported ADV AUM, about $74.9 billion in total private-fund gross asset value, 1,039 employees, 533 advisory employees, 231 private funds, separately managed-account activity, H.I.G.’s public website, and a 2026-03-31 ADV/profile submission date.
That context supports broad H.I.G. platform identity only. It does not map a particular H.I.G. fund or affiliate to OB Streem, Med Frigo, Greece, aquaculture logistics, this acquisition, the transaction vehicle, ownership percentage, financing, valuation, operating expectations, performance, expected returns, or allocation merit.
This draft omits 13F holdings because the safe EDGAR lookup path did not surface a direct H.I.G. Capital 13F filer for this item. It also omits Form 5500 context because the update concerns a private portfolio-company acquisition completion rather than a retirement-plan sponsor, plan mandate, or ERISA-plan filing signal.
What to watch
Watch for H.I.G., OB Streem, Med Frigo, regulator-facing, lender, or company materials that clarify the transaction vehicle, ownership structure, financing, governance, integration milestones, service footprint, or follow-on logistics acquisitions. Future coverage should keep any claims about logistics-market position, aquaculture demand, operating performance, valuation, and fund-level exposure tied to fresh public sources rather than deriving them from the acquisition announcement or adviser-profile context.