H.I.G. Capital Acquires a Majority Stake in Protos S.p.A.

Whats Happening:

H.I.G. Capital, a global alternative investment firm with $67 billion in capital under management, has acquired a majority stake in Protos S.p.A., a leading independent technical consulting firm based in Italy. The investment is made in partnership with Protos' current management team, aiming to support the company's growth in Italy and abroad.

Key Moves:

• H.I.G. Capital acquires majority stake in Protos S.p.A.

• Investment made in partnership with Protos' current management

• Aim to support Protos' growth in Italy and internationally

By The Numbers:

• H.I.G. Capital has $67 billion of capital under management

• Protos has offices in Rome, Milan, and Genoa

• H.I.G. has invested in and managed more than 400 companies worldwide

Key Quotes:

• "Protos is an industry leader in the rapidly growing technical consulting market, a market driven by long-term trends in energy transition, infrastructure renewal, and increasingly stringent regulatory requirements," - Raffaele Legnani and Giovanni Guglielmi, Managing Directors at H.I.G. in Italy

• "The partnership with H.I.G. will further accelerate our growth trajectory and strengthen our position as a leading Italian player in the technical consulting sector," - Franco Masera, Chairman, and Luca Mazzoni, Deputy Chairman of Protos

Bottom Line:

H.I.G. Capital's acquisition of Protos S.p.A. marks a significant move in the technical consulting sector. The partnership aims to leverage H.I.G.'s global expertise and resources to accelerate Protos' growth, both in Italy and internationally. This investment aligns with H.I.G.'s strategy of investing in market-leading companies with strong growth potential.

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