HIG Capital takes majority stake in Project Informatica

ITALY IT Services / Consulting & Integration REV €100–200M

Context

HIG Europe has acquired a majority stake in the Italian IT services provider Project Informatica from its founder. The strategic rationale for the transaction is to support the company’s next phase of development within the rapidly evolving Italian technological landscape. By partnering with the founder, who remains as CEO and a significant minority shareholder, HIG aims to leverage its deep international IT expertise to capture both organic growth and strategic consolidation opportunities. The deal focuses on strengthening the company’s position as a reference technological partner for industrial and financial organizations, facilitating professionalized management and broader market reach. This acquisition represents a key entry point into the Italian ICT sector for the sponsor, providing a scalable platform to build a diversified technological group through a programmatic build-up strategy.

Project Informatica, which reported an EBITDA margin of [members only] in 2020, is valued in this transaction at an EV/EBITDA multiple of [members only], to compare with the average observed in the TMT (Tech, Media, Telecom) sector (13.5x in 2020).

-> Deep-dive in TMT (Tech, Media, Telecom) market trends

Target

Founded in 1990, Project Informatica is a prominent Italian technology group and system integrator operating under the "WeAreProject" brand. The company’s business model focuses on guiding public and private organizations through digital transformation by offering a comprehensive ecosystem of integrated skills. Its value proposition encompasses strategic consultancy and tailored technological solutions across several high-growth pillars, including cybersecurity, managed services (SOC and NOC), digital workplace, hybrid cloud, networking, application development, and artificial intelligence. Strategically, the organization has evolved from a local hardware provider into a diversified technological partner, leveraging a network of specialized subsidiaries to provide end-to-end digital infrastructure management. By integrating complex IT systems with advanced consulting, the group serves as a critical enabler for industrial modernization and enterprise-wide technological efficiency.

Ent. Value

[members only]

Equity Value

[members only]

Multiples

EV / Revenue

[members only]

EV / EBITDA

[members only]

EV / EBIT

[members only]

Historical Financials (EUR)

Year

Rev

EBITDA

EBIT

2020

2019

Other operations with Project Informatica

Other operations with Project Informatica
Date	Acquirer	Target	Country	Sector
04/2026	PROJECT INFORMATICA	SISTEMI HS	ITALY	Consulting & Integration
11/2025	EMK CAPITAL	PROJECT INFORMATICA	ITALY	Consulting & Integration

Other operations with HIG Capital

Other operations with HIG Capital
Date	Acquirer	Target	Country	Sector
09/2026	HIG CAPITAL	ARCO	UNITED KINGDOM	Industrial & Technical Distribution
07/2026	HIG CAPITAL	TERRAS GROUP	GERMANY	Railways
05/2026	HIG CAPITAL	INTERNATIONAL AEROSPACE COATINGS IAC	UNITED STATES	MRO (Maintenance, Repair & Overhaul)
10/2025	HIG CAPITAL	ADVANCED LOGISTICS FOR AEROSPACE (ALA)	ITALY	Industrial & Technical Distribution
09/2025	HIG CAPITAL	RENTOKIL INITIAL WORKWEAR FRANCE	FRANCE	Industrial Cleaning
03/2025	HIG CAPITAL	TIMETOACT GROUP	GERMANY	Consulting & Integration
02/2025	HIG CAPITAL	CONVERGE TECHNOLOGY SOLUTIONS	CANADA	Consulting & Integration
03/2024	HIG CAPITAL	STRADA	UNITED STATES	HR & Capital
01/2024	HIG CAPITAL	DX GROUP	UNITED KINGDOM	Road Freight
03/2023	HIG CAPITAL	ANDWIS GROUP	UNITED KINGDOM	Maintenance

Similar deals in IT Services

Similar deals in IT Services
Date	Acquirer	Target	Country	Sector
10/2020	ANDERA PARTNERS	GROUPE ARTEMYS	FRANCE	Consulting & Integration
10/2020	MONTEFIORE INVESTMENT	GROUPE OPEN	FRANCE	Consulting & Integration
07/2020	KKR	DEVOTEAM	FRANCE	IT Services
05/2020	KBR	CENTAURI	UNITED STATES	Cybersecurity Services
03/2020	PALATINE PRIVATE EQUITY	ACORA	UNITED KINGDOM	MSP (Managed Services)
02/2020	BAIN CAPITAL	ENGINEERING INGEGNERIA INFORMATICA	ITALY	Consulting & Integration
11/2019	PECHEL	JEMS GROUP	FRANCE	Data & AI Consulting
08/2019	BC PARTNERS	PRESIDIO	UNITED STATES	Consulting & Integration
07/2019	3I	EVERNEX	FRANCE	MSP (Managed Services)
07/2019	ORANGE	SECURELINK	NETHERLANDS	Cybersecurity Services

REFERENCES

Revenue range: REV €100–200M

Note: This page provides detailed data on a private equity M&A transaction. Detailed and exact financial metrics for the acquisition of Project Informatica by HIG Capital are reserved for mynth community members. Register for free to unlock full data.

Authors: This transaction was contributed by a verified mynth contributor and cross-checked against available transaction documents and official company communications.

Acquirer: hig capital

FAQ

What transaction does this page cover?

This page covers the acquisition of a majority stake in Project Informatica, an Italian company specialised in Consulting & Integration, by HIG Capital in 2020, structured as a leveraged buyout (LBO). Ownership has since evolved, leading to a subsequent transaction with Emk Capital in November 2025 (see the dedicated deal page for details).

What was Project Informatica’s revenue at the time of the deal?

At the time of the transaction, Project Informatica’s annual revenue was estimated within the €100–200M range (FY 2020). Detailed financial figures are available to members.

How does the valuation of Project Informatica compare to benchmarks in the TMT (Tech, Media, Telecom) sector?

Transaction multiples for this specific deal are exclusively reserved for mynth members. Nevertheless, transactions tracked by mynth in this sector reveal an average benchmark multiple of 13.5x EBITDA during 2020.

What sources support the information on this transaction?

Transaction data and operational intelligence were compiled from independent financial press reporting by specialized M&A publications.

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