Salute e Benessere
H.I.G. Capital Announces the Sale of Deenova S.r.l.
Since its initial investment, H.I.G. has supported Deenova's international growth through strategic acquisitions and the strengthening of its management team. The Company has become an industry leader throughout Europe , with a current presence in approximately 100 hospitals in Italy , France , United Kingdom , Malta , Germany , Spain , and Poland .
Raffaele Legnani , Managing Director and Head of H.I.G. in Italy , commented: "We are proud to have supported the growth strategy of Deenova, allowing the Company to become a European leader in the field of traceability and management of drugs and medical devices. We are also proud to have positioned Deenova for significant and continued future growth and for the return achieved by our investors on this deal."
Giorgio Pavesi , CEO of Deenova, added: "The partnership with H.I.G. has been fundamental in accelerating Deenova's international development through organic and inorganic growth initiatives. As a result, today the Company is a leader in the reference sector for the excellence of services offered to hospitals in Europe ."
Deenova has been active since 2004 in the provision of high value-added automation and traceability services for Italian hospitals, where it designs, implements and operates automatic distribution and tracking systems for drugs and medical devices. Deenova's technological solutions are able to guarantee hospitals significant benefits in terms of patient safety, cost savings and process optimization. To date, Deenova's systems are present in about 100 hospitals in Italy , France , United Kingdom , Malta , Germany , Spain and Poland . For more information, please refer to the Deenova website deenova.com .
H.I.G. Capital is a leading global alternative investment firm with
$66 billion of capital under management.* Based in
Miami , and with offices in Atlanta ,
Boston , Chicago ,
Los Angeles , New York , and
San Francisco in the United States , as well as international affiliate offices in
Hamburg , London ,
Luxembourg , Madrid ,
Milan , Paris , Bogotá,
Rio de Janeiro , São Paulo, Dubai, and
Hong Kong , H.I.G. specializes in providing both debt and equity capital to middle market companies, utilizing a flexible and operationally focused/ value-added approach:
Since its founding in 1993, H.I.G. has invested in and managed more than 400 companies worldwide. The Firm's current portfolio includes more than 100 companies with combined sales in excess of $53 billion . For more information, please refer to the H.I.G. website at hig.com .
*Based on total capital raised by H.I.G. Capital and affiliates.
Raffaele Legnani
Managing Director
rlegnani@hig.com
H.I.G. European Capital Partners Italy S.r.l.
Via Dei Mercanti 12
20121 Milan
Italy
P +39 02 45 37 5200
hig.com
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