H.I.G. Europe has sold Texbond S.p.A. to Quadrivio Group

H.I.G. Europe, the European affiliate of H.I.G. Capital, a leading global private equity and alternative asset investment firm with more than €36 billion of equity capital under management, closed the sale of Texbond, a leading Italian producer of specialty nonwovens, to Industry 4.0 Fund, a private equity vehicle of Quadrivio Group. Texbond specializes in polypropylene nonwovens for specialty applications, mostly for the hygienic, personal care and construction industries.

Cristina Parisi, Chief Executive Officer of Texbond, commented, “This transaction values the excellent work and successes of Texbond’s team since it is based on an efficient business model and on a shared, growing business plan in an expanding market.”

Lincoln acted as the exclusive mergers and acquisitions advisor to H.I.G. Europe in this transaction, supporting the sellers in all aspects of the deal.

About Texbond

Founded in 1988 in Rovereto, Italy, Texbond specializes in providing niche customized solutions to its customers by assisting them in the process of technical and technological development. The company serves a plurality of sectors, including hygienic, medical, construction, automotive and agriculture.

About H.I.G. Capital

Based in Miami, Florida, and with offices in the United States, Europe and Latin America, H.I.G. specializes in providing both debt and equity capital to small- and medium-sized companies, utilizing a flexible and operationally focused, value-added approach.

About Quadrivio Group | Industry 4.0 Fund

Quadrivio Group is a primary Italian operator in alternative investments with over 20 years of experience in private equity and over €2 billion invested. Promoted by Quadrivio Group, Industry 4.0 Fund is the first private equity fund to invest in digital transition and technological innovation for Italian small- and medium-sized enterprises in the manufacturing and services sectors.

HIG Europe Texbond Quadrivio Group 2021
  • 2021
    Close Year
  • Industrials
    Industry
  • Private Equity
    Client Type
  • Financial | Domestic
    Transaction Type
  • Italy | United Kingdom
    Countries
Lincoln effectively developed and completed a competitive sale process with multiple international and domestic buyers in a virtual mode.
Raffaele Legnani
Managing Director and Head of H.I.G. in Italy

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