H.I.G. Middle Market (“H.I.G.”), the dedicated middle market investment affiliate of H.I.G. Capital, announced that it has promoted Matt Lozow to Managing Director and hired Alok Sanghvi as a Managing Director. Matt and Alok will be leading H.I.G.’s Business Services investment efforts.

Matt has been a member of H.I.G.’s New York Middle Market team since joining the firm in 2009. He has been a key player in several successful H.I.G. investments including Surgery Partners, MagnaCare, SeaStar Marine and A10. Prior to joining H.I.G. in 2009, Matt worked with private equity firms including Behrman Capital and Audax Private Equity focusing on late stage buyouts and recapitalizations. Matt began his career as a consultant with Bain & Company.

Alok will be based in H.I.G.’s New York office and has more than 15 years of experience in private equity and M&A. Prior to joining H.I.G., Alok led corporate development at MultiPlan Inc., a large healthcare company where he was responsible for corporate strategy and M&A activity. Before MultiPlan, Alok spent 8 years at Warburg Pincus where he focused on healthcare investments. He began his career at The Boston Consulting Group.

H.I.G. Executive Managing Director Rick Rosen commented, “We are excited to have Matt and Alok head up our Business Services vertical, which has been an active and highly successful area for H.I.G. for many years. They both have extensive experience in Business Services and we look forward to their continued achievements for the Middle Market team.”