ICG acquired the leading cyber security and digital transformation player DGS from H.I.G. Capital

Fineurop Soditic acted as financial advisor to H.I.G. Capital in the sale of its portfolio company DGS S.p.A. to ICG in partnership with DGS co-founders and management team.

Company
DGS S.p.A.
Transaction
Sector
Activity
Cyber security and digital transformation
Date
Country
Italy

Based in Rome, DGS has been active for over 25 years in the ICT services market for public and private companies. The Group specializes in providing solutions for digital transformation of business processes (including application system integration and proprietary custom applications), cybersecurity services, and IT management consultancy.

DGS serves large customers, leaders in their respective industries, ensuring high technical standards, with a staff of over 1,900 employees and expected revenues of Euro 340 million.

During H.I.G.’s ownership, DGS has tripled in size consolidating its position as a leading Italian firm in cybersecurity services and digital transformation.

The leading global alternative asset manager ICG, will support DGS for the next phase of its development.