Limonta Informatica Joins Textile Solutions Group through Elvaston Portfolio
Deal News | Dec 03, 2024 | Elvaston Capital Management Gm
In December 2024, Textile Solutions Group (TSG), backed by Elvaston Capital Management, acquired Limonta Informatica, an ERP software provider specialized in serving Italy's small and medium-sized textile enterprises. The acquisition aims to enhance TSG's foothold in the Italian textile market by leveraging Limonta Informatica's flagship ERP suite, LISA, which aids in optimizing and managing production processes. This strategic move aligns with TSG's mission of spearheading automation and digitalization in the textile sector while adhering to sustainability and economic efficacy. In parallel, TSG's collaboration with SETEX and Datatex is poised to deliver integrated end-to-end solutions for textile manufacturers.
Sectors
- Textile Industry
- Software Industry
- Private Equity
Geography
- Italy – Limonta Informatica is based in Italy, highlighting its geographical relevance.
- Germany – Elvaston Capital Management, the private equity firm mentioned, is based in Germany.
Industry
- Textile Industry – The article discusses activities within the textile sector, specifically focusing on automation, digitalization, and ERP solutions for textile manufacturers.
- Software Industry – Limonta Informatica is a provider of ERP software solutions, indicating relevance to the software industry.
- Private Equity – Elvaston Capital's involvement in funding and backing portfolio companies such as Textile Solutions Group highlights the role of private equity in the transaction.
Financials
Participants
| Name | Role | Type | Description |
|---|---|---|---|
| Limonta Informatica | Target company | Company | An Italian provider of ERP software for the textile industry. |
| Textile Solutions Group (TSG) | Acquirer | Company | A portfolio company of Elvaston Capital, engaged in automation and digitalization solutions for the textile industry. |
| Elvaston Capital Management | Private Equity Firm | Company | A German private equity firm backing the Textile Solutions Group. |
| Datatex | Other Company | Company | Provider of ERP solutions for the textile and apparel industry. |
| SETEX | Other Company | Company | Global leader in manufacturing execution software for textile machinery. |