Protos: H.I.G. Capital Completes Acquisition of Majority Stake
Deal News | Mar 11, 2025 | Finance Community IT - 3 Private Equity
H.I.G. Capital, a global alternative investments firm with $67 billion in assets under management, has acquired a majority stake in Protos, a leading independent technical consultancy firm based in Rome. This strategic investment, made in collaboration with Protos' existing management, is set to benefit from trends like energy transition and infrastructure renewal. H.I.G. was advised by Kitra Advisory on M&A matters, with further assistance from Fineurop Soditic as debt advisors and Pavia & Ansaldo on legal issues. Protos received legal counsel from Legance. The acquisition aims to enhance Protos' leadership in the Italian technical consultancy market and support its growth internationally. Key players include Raffaele Legnani and Giovanni Guglielmi from H.I.G., alongside Franco Masera and Luca Mazzoni of Protos, who are optimistic about the enhanced growth trajectory through this partnership.
Sectors
- Private Equity
- Technical Consultancy
- Infrastructure and Energy
Geography
- Italy – Protos is based in Rome, Italy, with additional offices in Milan and Genoa, making this a relevant geography for its operations and the acquisition by H.I.G. Capital.
Industry
- Private Equity – The article is centered on H.I.G. Capital, a private equity firm, and its acquisition activities.
- Technical Consultancy – Protos operates within this sector, providing specialized technical consultancy services across various phases of projects.
- Infrastructure and Energy – Protos supports projects in these sectors, which are emphasized as growth areas driven by long-term trends.
Financials
- 67 billion dollars – H.I.G. Capital's total assets under management.
Participants
| Name | Role | Type | Description |
|---|---|---|---|
| Protos | Target | Company | A leading independent technical consultancy firm based in Rome. |
| H.I.G. Capital | Bidding Company | Private Equity | A global private equity firm with $67 billion in assets under management. |
| Kitra Advisory | M&A Advisor | Company | Advised H.I.G. Capital on the acquisition of Protos. |
| Fineurop Soditic | Debt Advisor | Company | Provided debt advisory services to H.I.G. Capital for this acquisition. |
| Pavia & Ansaldo | Legal Advisor | Company | Provided legal advisory services to H.I.G. Capital in the acquisition of Protos. |
| Legance | Legal Advisor | Company | Provided legal advisory services to Protos. |
| New Deal Advisors | Financial Due Diligence | Company | Conducted financial due diligence for H.I.G. Capital. |