Limonta Informatica Joins Textile Solutions Group in Strategic Acquisition
Deal News | Dec 03, 2024 | Elvaston Capital Management Gm
In December 2024, Textile Solutions Group (TSG), a portfolio company of Elvaston Capital Management, acquired Limonta Informatica, an Italian ERP software provider specializing in the textile industry. Based in Lecco, Limonta Informatica offers the ERP suite 'Lisa', along with modules for warehouse management, quality control, and product information management. This acquisition enhances TSG's capabilities in digitalizing the textile industry, strengthening its market presence in Italy, and expanding its customer base. TSG’s goal is to support the industry's demand for sustainable and transparent production processes. The broader TSG group, with contributions from companies like Datatex and SETEX, aims to offer a comprehensive software solution for textile manufacturers, optimizing production efficiency and regulatory compliance.
Sectors
- Textile Industry
- Information Technology
Geography
- Italy – Limonta Informatica is based near Milan, Italy, and the acquisition impacts the Italian market.
Industry
- Textile Industry – The article is centered on companies providing ERP and software solutions specifically tailored for the textile sector, enhancing automation and efficiency.
- Information Technology – Limonta Informatica operates within IT, providing ERP software solutions targeted towards managing textile industry processes.
Financials
Participants
| Name | Role | Type | Description |
|---|---|---|---|
| Elvaston Capital Management | PE Firm | Company | A private equity firm that owns Textile Solutions Group, facilitating its growth strategies. |
| Textile Solutions Group (TSG) | Acquirer | Company | A portfolio company of Elvaston, focusing on automation and digital solutions for the textile industry. |
| Limonta Informatica | Target | Company | An ERP software provider located in Italy, specializing in solutions for textile manufacturing processes. |
| Datatex | ERP Provider | Company | Offers ERP solutions for the textile and apparel industry as part of TSG's ecosystem. |
| SETEX | MES Provider | Company | A leader in control systems and MES for textile machinery, also part of TSG's broader initiative. |