H.I.G. Bayside Capital Europe Completes Refinancing of Lifeways Group

H.I.G. Bayside Capital Europe ("Bayside"), the European special situations and capital solutions affiliate of H.I.G. Capital ("H.I.G."), a leading global alternative investment firm with $75 billion of capital under management, is pleased to announce its financing of Lifeways Group ("Lifeways" or the "Company"), the UK's leading provider of high-acuity support services, backed by Fidera Group and Barings. H.I.G. Bayside is providing a £90m unitranche term loan facility to support the refinancing of the Company's existing debt structure.Headquartered in the United Kingdom, Lifeways is the UK's largest provider of high-acuity support services for individuals with learning disabilities, autism, mental health conditions, physical disabilities, and other complex needs. The Company delivers services to over 4,000 service users across approximately 1,100 locations nationwide.The new five-year facility refinances the existing term loan and provides a strong platform for Lifeways' management team to continue executing its growth strategy, including expanding supported living capacity, investing in service quality, and enhancing operational infrastructure.Mathilde Malezieux, Managing Director at H.I.G. Bayside, commented: "Lifeways is a high-quality and resilient provider of essential care services, with a leading market position in a growing and structurally supported sector. The Company has demonstrated strong EBITDA growth in recent years, underpinned by a successful operational transformation, improved governance, and a clear focus on delivering high-quality outcomes for service users. H.I.G. Bayside's capital solutions loan refinances the existing capital structure and provides flexibility to support Lifeways' next phase of growth. We look forward to partnering with Andrea Kinkade and Kieron Steele, alongside the wider Lifeways, Fidera, and Barings teams, to continue strengthening Lifeways' services."Andrea Kinkade, Chief Executive Officer of Lifeways, commented: "Lifeways has undergone a significant operational transformation in recent years, with a renewed focus on quality of care, governance, and efficiency, alongside meaningful investment in our people, digital infrastructure, and service offering. We are delighted to partner with H.I.G. Bayside for this exciting next phase of growth. This new financing provides a stable and flexible capital structure that will enable us to continue delivering high-quality outcomes for the people we support, expand our supported living and mental health services, and execute our long-term growth strategy across the UK."

H.I.G. Bayside Capital Europe Completes Refinancing of Lifeways Group

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