Protos S.p.A.: H.I.G. Capital Acquires Majority Stake

Deal News | Mar 11, 2025 | PR Newswire Cision H.I.G. Capital

H.I.G. Capital, a prominent global alternative investment firm, announced the successful acquisition of a majority stake in Protos S.p.A., a leading independent technical consulting firm. Based in Rome with offices in Milan and Genoa, Protos provides engineering, inspection, and certification services. The acquisition takes place as Protos is thriving within the rapidly expanding technical consulting sector, driven by transformative trends such as energy transition and infrastructure rejuvenation. This strategic move will enhance Protos' existing market position while allowing H.I.G. to spearhead its growth both in Italy and internationally. Protos, leveraging its multi-disciplinary team, offers services across infrastructure, energy, real estate, and financial services sectors. This new partnership aligns with H.I.G.’s operationally-focused investment approach, aimed at exploiting growth opportunities in fast-evolving markets. The existing management of Protos will continue their leadership, benefiting from H.I.G.’s capital and network resources to further fuel development trajectories.

Sectors

  • Private Equity
  • Engineering and Technical Services

Geography

  • Italy – Protos S.p.A. is headquartered in Rome with additional offices in Milan and Genoa. The acquisition impacts the Italian market specifically.
  • United States – H.I.G. Capital, the acquirer, is headquartered in Miami, United States.

Industry

  • Private Equity – The acquisition by H.I.G. Capital represents a transaction typical within the private equity industry.
  • Engineering and Technical Services – Protos S.p.A. operates in the engineering consultancy sector, providing critical services like inspections and certifications.

Financials

  • 67 Billion USD – The total capital managed by H.I.G. Capital globally.

Participants

NameRoleTypeDescription
H.I.G. CapitalBidding Company/BuyerCompanyA leading global alternative investment firm with a focus on providing capital to small and mid-sized companies.
Protos S.p.A.Target CompanyCompanyAn independent technical consulting firm based in Italy, offering services such as engineering, inspections, and certifications.
Raffaele LegnaniManaging Director at H.I.G. CapitalPersonResponsible for overseeing the strategic direction of H.I.G.'s investments in Italy.
Giovanni GuglielmiManaging Director at H.I.G. CapitalPersonInvolved in decision-making and management of H.I.G.'s ventures in the Italian market.
Franco MaseraChairman of ProtosPersonLeading the executive management at Protos S.p.A.
Luca MazzoniDeputy Chairman of ProtosPersonAssists in executive duties and strategic direction at Protos.