H.I.G. Capital Concludes Sale of Project Informatica to EMK Capital

H.I.G. Capital, a prominent name in global alternative investments, proudly reveals the successful deal of one of its notable portfolio entities, Project Informatica. This landmark transaction involves the sale of the Italian information technology leader to EMK Capital, a private equity investor focused on growth. The definitive agreement underscores the potential for continued expansion in the increasingly competitive IT landscape.

Founded in 1990, Project Informatica has continually enhanced its capabilities and offerings, witnessing substantial growth alongside its clients in their digital transformation journeys. Under H.I.G.'s guidance, the company thrived, successfully completing seven acquisitions, effectively quadrupling revenues during this investment period. As it stands, Project Informatica has established itself as a key player in the Italian IT sector, generating revenues exceeding €450 million and harnessing a workforce of over 700 employees.

The leadership team of Project Informatica, in collaboration with H.I.G. Capital, is set to reinvest in the company alongside EMK Capital, signaling a collective commitment to propel the group's growth trajectory further. Raffaele Legnani and Giovanni Guglielmi, Managing Directors at H.I.G.'s Italy office, articulated their pride in fostering Project Informatica’s development, emphasizing the value added to their investors during this successful partnership.

Alberto Ghisleni, the founder and CEO of Project Informatica, expressed gratitude for H.I.G.'s instrumental role in transforming the company within a swiftly evolving market. His invitation to EMK Capital as the new majority investor marks an exciting phase for the Group as it ventures into new strategies for growth and innovation.

EMK Capital's investment approach focuses on engaging with high-potential businesses, leveraging its thorough understanding of the European mid-market sector. Fabio Cadeddu, a Partner at EMK, commented on their excitement to work alongside Project Informatica’s management team and H.I.G. to strengthen its market leadership and adapt its services in alignment with clients' needs.

Today, Project Informatica distinguishes itself with an extensive array of services, including cybersecurity, managed services incorporating Security Operations Center (SOC) and Network Operations Center (NOC), hybrid cloud networking, and artificial intelligence. The Group, aptly positioned to address the multifaceted challenges faced by its clientele, stands as a consolidated technology partner for various SMEs and public sector entities.

The breadth of Project Informatica's vendor certifications, combined with its nationwide outreach and significant technical prowess, empowers the Group to deliver comprehensive multi-vendor solutions effectively and efficiently. The ongoing shift towards digital transformation among businesses further emphasizes the remarkable place Project Informatica holds within the Italian ICT market.

As H.I.G. Capital transitions away from its investment, it leaves behind a lasting legacy within Project Informatica, which remains committed to accelerating its pace of innovation and enhancing its service delivery to customers across the nation. For more detailed insights into Project Informatica’s evolution and offerings, visiting their website weareproject.com serves as a valuable resource.

H.I.G. Capital, founded in 1993, maintains a robust portfolio that includes over 100 companies together with combined sales exceeding $53 billion worldwide. As a steadfast partner in private equity, H.I.G. Capital brings operational expertise and focus to middle-market firms, aimed at driving growth and operational excellence across the industries it engages with.

In conclusion, the partnership with EMK Capital marks the beginning of a new chapter for Project Informatica as it continues to empower organizations through technology, striving to lead the Italian IT market in the years ahead.