Limonta Informatica Joins Textile Solutions Group
Deal News | Dec 10, 2024 | Elvaston Capital Management Gm
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In December 2024, Elvaston Capital Management's portfolio company, Textile Solutions Group (TSG), acquired Limonta Informatica, a provider of ERP software for SMEs in Italy, specifically tailored for the textile industry. Based in Lecco with 26 employees, Limonta Informatica's flagship product, 'Lisa', optimizes production processes across the textile value chain, supplemented by warehouse management, quality control, and product information management modules. This acquisition enhances TSG's market presence in Italy, reinforcing its role in digitalizing the textile sector to meet evolving regulatory and sustainable production demands. TSG, along with SETEX and Datatex, plans to offer an integrated solution for textile manufacturers, providing added value.
Sectors
- Software
- Textile
- Private Equity
Geography
- Italy – Limonta Informatica, the target company, is based in Lecco, near Milan, and operates within Italy.
Industry
- Software – The article discusses the acquisition of Limonta Informatica, a company specializing in ERP software solutions for the textile industry.
- Textile – Textile Solutions Group, a key player in the textile industry's digitalization, works to optimize production processes and meet regulatory standards.
- Private Equity – Elvaston Capital Management, a private equity firm, is the owner of Textile Solutions Group, which acquired Limonta Informatica.
Financials
Participants
Name | Role | Type | Description |
---|---|---|---|
Elvaston Capital Management | Private Equity Firm | Company | Elvaston is a private equity firm that owns Textile Solutions Group. |
Limonta Informatica | Target Company | Company | An Italian ERP software provider focused on small and medium-sized enterprises in the textile sector. |
Textile Solutions Group | Bidding Company/Buyer | Company | A portfolio company of Elvaston Capital Management, engaged in digitalizing the textile industry. |
Datatex | Company involved in integration solutions | Company | A leading provider of ERP solutions for the textile industry. |
SETEX | Company involved in integration solutions | Company | A global leader in the development of control systems and manufacturing execution software for textile machinery. |