An affiliate H.I.G. Europe acquired a controlling stake in Project Informatica S.r.l., a Stezzano (Bergamo), Italy-based firm in the Italian information technology industry.
The amount of the deal was not disclosed.
H.I.G. intends to support Project Informatica in the next phase of development.
Founded in 1990, Project Informatica is a technological partner to a long list of private and public companies. The company leverages technologies and advanced capabilities to support its customers in the digital transformation of business processes. Its offering ranges from hardware and software solutions, to related IT services. With multiple partnerships with global vendors and a technical staff with over 1,750 certifications, the company is able to provide a tailor-made IT service to customers in a wide range of industries, including banking and financial services, industrial manufacturing and business services. Project Informatica has revenues of more than €130 million and 230 employees. Alberto Ghisleni, founder, CEO, and current shareholder of Project Informatica will reinvest alongside H.I.G. and will continue to lead the company.