H.I.G. Capital, a prominent global alternative investment firm, has announced the sale of its portfolio company, DGS S.p.A., a leader in the Italian Information Technology market, to the co-founders and management team of DGS in partnership with ICG. The agreement marks a notable exit for H.I.G., who has significantly contributed to the growth of DGS since acquiring it. Under H.I.G.’s ownership, DGS has tripled in size, cementing its position in cybersecurity and digital transformation sectors. With over 1,900 employees and an annual revenue of approximately 300 million, DGS offers extensive IT services, including digital transformation and cybersecurity solutions. This transaction emphasizes DGS’s strategic expansion and positioning for future growth amidst the ongoing digitalisation trends in Italy. ICG’s partnership signals strong confidence in DGS’s continued success under its co-founders’ leadership.
Information Technology, Private Equity, Cybersecurity,Italy, Global
https://higeurope.com/news/h-i-g-capital-announces-the-sale-of-dgs-s-p-a/