H.I.G Capital Partners, the international private equity and alternative assets investment firm, has sold DGS S.p.A., the Italy based IT company supporting blue-chip customers in the design, integration, and maintenance of complex IT systems, with a specialization in digital transformation and cybersecurity services, to DGS co-founders (Vincenzo Fiengo and Salvatore Frosina) and the management team in partnership with Intermediate Capital Group (aka ICG), the UK based private equity investment firm.
- Target – Dgs s.p.a.
- Buyer – Management team
- Buyer – Intermediate Capital Group PLC
- Buyer – Vincenzo Fiengo (private investor)
- Buyer – Salvatore Frosina (private investor)
- Seller – H.i.g. European Capital Partners, LLP
