Riviera Travel Secures Refinancing with H.I.G. Bayside Capital Europe

Deal News | Apr 08, 2025 | H.I.G. Europe (HIG)

H.I.G. Bayside Capital Europe, an affiliate of H.I.G. Capital, has completed the refinancing of Riviera Travel. H.I.G. Capital is a global alternative investment firm managing $68 billion in capital. The newly announced refinancing deal demonstrates H.I.G.'s commitment to supporting the growth and financial restructuring of established companies across Europe. The deal involves a comprehensive financial arrangement designed to optimize Riviera Travel's capital structure, easing the travel company's financial burdens and ensuring long-term stability.

Sectors

  • Alternative Investment
  • Travel and Tourism

Geography

  • United Kingdom – The refinancing deal and participant, Riviera Travel, are both situated within the UK, highlighting the geographical focus of the transaction.
  • Europe – H.I.G. Bayside Capital Europe operates within Europe as a regional affiliate of a global firm, emphasizing the European aspect of the deal.

Industry

  • Alternative Investment – The involvement of H.I.G. Bayside Capital, a part of H.I.G. Capital, highlights the role of alternative investment firms in financial restructuring and support operations.
  • Travel and Tourism – Riviera Travel's business operations are within the travel sector, which is a key focus of the refinancing deal.

Financials

  • $68 billion – Capital managed by H.I.G. Capital globally.

Participants

NameRoleTypeDescription
H.I.G. Bayside Capital EuropeFinancierCompanyEuropean alternative credit affiliate of H.I.G. Capital, involved in providing refinancing to Riviera Travel.
H.I.G. CapitalParent CompanyCompanyA global alternative investment firm managing $68 billion in capital.
Riviera TravelTarget CompanyCompanyRecipient of refinancing facilitated by H.I.G. Bayside Capital Europe.