HIG Capital named Carlos Couret managing director, tasking him with leading the firm's Spanish lower mid-market private equity team. Couret brings 17 years of mid‑market PE experience, most recently as a senior investment professional at Pro A Capital. His appointment expands HIG’s footprint in a market where deal flow has accelerated. The hire follows HIG’s recent €1.2 billion fund closure aimed at European opportunities.

Before joining HIG, Couret held senior roles at BNP Paribas in both New York and Madrid, giving him cross‑border deal expertise that aligns with the firm’s strategy to source growth‑oriented companies in Spain’s €100‑€500 million enterprise value range. His network in the region is expected to accelerate fundraising and portfolio construction for HIG’s new platform. His bilingual fluency and ties to family‑owned firms help source add‑on deals.

The move signals HIG’s confidence that Spain’s lower mid‑market will deliver attractive IRRs as private equity firms chase fragmented sectors such as industrial services and consumer brands. With Couret at the helm, investors can anticipate a more aggressive deployment of capital and tighter due‑diligence standards, sharpening the firm’s competitive edge in the region. Early wins could include stakes in logistics firms poised for consolidation.