IGI Sgr
IGI SGR is a Milan-based Italian private equity firm founded in 1998 that invests via leveraged buyouts in niche-leading Italian mid-market manufacturers, targeting 2.5x-3.0x returns through a series of closed-end funds including the €170M IGI Investimenti Sei.
- Company typePrivate
- Founded1998
- HeadquartersMilano, Italy
- Headcount1–10
- GTM typeB2B
- OfferingServices
What IGI Sgr does
IGI SGR SpA, doing business as IGI Private Equity, is a Milan-based, Banca d'Italia-supervised asset management company founded in 1998 that invests exclusively in Italian mid-market manufacturing companies through leveraged buyouts and majority-stake acquisitions. The firm raises closed-end private equity funds (latest flagship IGI Investimenti Sei raised €170 million; prior vintages include IGI Investimenti Quattro, Cinque, and Cinque Parallel) and targets gross returns of 2.5x to 3.0x on invested capital. The investment thesis is to acquire control (typically 60-100%) of export-led Italian manufacturers with leadership positions in niche industrial verticals — packaging machinery and film (Fabbri Vignola, Nuovaplast), seeds and garden (Blumen), linear motion (Rollon), telecom/broadcasting fastening systems (Fi.Mo.Tec), accessibility lifts (Vimec), specialist logistics (Bracchi), industrial testing (Test Industry), fasteners for Oil & Gas and Power Generation (OME Group), gearboxes (Tramec), water filtration plants (Matec Industries), heat exchangers (ThermoKey), and customised bearings (Meter) — partnering with founder-entrepreneurs who reinvest as shareholders and continue as CEOs.
IGI Sgr firmographics
Firmographics- Name
- IGI Sgr
- Legal name
- IGI SGR SpA
- Website
- https://igisgr.it
- Company type
- Private
- Founded year
- 1998
- Operating status
- Operating
- Headcount range
- 1–10 employees
- Short description
- IGI SGR is a Milan-based Italian private equity firm founded in 1998 that invests via leveraged buyouts in niche-leading Italian mid-market manufacturers, targeting 2.5x-3.0x returns through a series of closed-end funds including the €170M IGI Investimenti Sei.
- Ownership category
- akta.pro rank
IGI Sgr industry classification
Industry- Product category
- Private Equity Fund Management
- NAICS
- Portfolio Management and Investment Advice (52394)
- akta.pro primary industry
- Equity Capital Advisory (Private Equity Placements, Growth Capital) (BPAHAOAE)
Keywords
Where IGI Sgr is headquartered
LocationHeadquarters
- HQ city
- Milano
- HQ country
- Italy
- HQ region
- Europe
Offices1 record
Markets served
IGI Sgr business model
Business model- GTM type
- B2B
- Offering type
- Services
- Cost components
- Personnel, Operations, Marketing or Sales, Technology or R&D, Others
Revenue model
- Fund Management: IGI generates revenue through management fees and carried interest from its private equity funds including IGI Investimenti Quattro, Cinque, Cinque Parallel, and Investimenti Sei. The firm targets returns of 2.5x to 3.0x on invested capital through EBITDA incrementation, targeted M&A operations, deleverage, and improved competitive positioning of portfolio companies.
Go-to-market motion1 record
Distribution channels1 record
Marketing channels4 records
IGI Sgr product offering
Product offeringCore offering
IGI SGR SpA manages private equity funds (IGI Investimenti Quattro, Cinque, Cinque Parallel, Sei, and the Sustainable Transition Fund) that acquire controlling stakes through leveraged buyouts and management buyouts in Italian manufacturing companies. The firm partners with management teams to drive EBITDA growth, targeted M&A, deleverage and improved competitive positioning, targeting returns of 2.5x to 3.0x on invested capital. Revenue is generated from management fees and carried interest on committed and deployed fund capital.
Product overview
IGI Sgr is a private equity firm, not a technology product company. The company operates as an asset management firm that acquires majority stakes in Italian manufacturing companies through leveraged buyouts. Their core offering consists of investment funds (IGI Investimenti Quattro, IGI Investimenti Cinque, IGI Investimenti Cinque Parallel, IGI Investimenti Sei, IGI Sustainable Transition Fund) that invest in small and mid-cap Italian industrial manufacturers across various sectors including packaging, machinery, logistics, and industrial equipment.
Differentiator
Problem solved
Functional benefit
Products and services
- IGI Investimenti Quattro Private equity fund managed by IGI SGR for majority-stake investments in Italian manufacturing companies, used to acquire Gruppo Fabbri Vignola in 2011.
- IGI Investimenti Cinque Private equity fund managed by IGI SGR used for investments including FI.MO.TEC. (2015), Vimec (2015, with NEIP III), and Bracchi (2016). Fund size around €150 million.
- IGI Investimenti Cinque Parallel Parallel fund vehicle alongside IGI Investimenti Cinque used for co-investments in IGI portfolio transactions including FI.MO.TEC.
- IGI Investimenti Sei Current flagship private equity fund of IGI SGR, with €170 million raised. Used for investments in Test Industry, Nuovaplast (2019), OME Group, Tramec (2021), Matec Industries (2022) and Meter (2024).
- IGI Sustainable Transition Fund Private equity fund for sustainable transition investments managed by IGI SGR, part of the firm's responsible investment strategy.
Quantifiable outcome
- Returns of 2.5x to 3.0x on invested capital
- +1 more outcomes
Companies that use IGI Sgr
Customer profileNamed customers13 records
Segments1 record
Ideal customer profiles2 records
IGI Sgr technology and API
TechnologyTechnology focussed No
API detail
- Has API
- No
- API docs
- API detail
Core technology
AI maturity
App detail
IGI Sgr partnerships and signals
Strategic signalPartnerships
Two partnerships are on record, tiered core.
- PrometeiacorePartnership to assess climate risk exposure of investment portfolio. Prometeia provides ESG due diligence support and ongoing monitoring of portfolio companies' climate risk profiles.
- PrometeiacorePartnership with Prometeia to assess the exposure of IGI's investment portfolio to climate change risks. The collaboration extends ESG analysis to include climate risk assessment both in due diligence and through periodic monitoring. Prometeia applies a comprehensive climate risk assessment model covering transition and physical risks.
Scale indicators4 records
Recent moves7 records
Expansion highlights6 records
IGI Sgr competitors and assessment
Company assessmentDirect peers
- Tamburi Investment Partners: Listed Italian investment/merchant banking firm focused on mid-to-large cap Italian companies, often via club deals and direct investments. Highly comparable to IGI in target geography (Italy) and mid-market industrial focus, with a more equity capital markets flavor.
- Investindustrial: Pan-European mid-market private equity firm with deep Italian roots and a long history of investing in Italian industrial SMEs. Directly comparable to IGI in mid-market LBO strategy, sector focus on industrial/consumer, and Italian deal origination.
- Clessidra: Italy-focused mid-market private equity firm investing in Italian companies with international growth potential. Highly comparable in target market, ticket size range, and focus on Italian family/founder-owned industrials.
- Wise Equity: Italian mid-market private equity firm focused on majority stakes in Italian SMEs. Directly comparable to IGI; notably, Wise Equity was a buyer of IGI's portfolio company Fimo in 2020, illustrating the active secondary market among Italian mid-market sponsors.
- Charme Capital Partners: Italian mid-market private equity firm investing in Italian SMEs with international exposure, often partnering with entrepreneurs and founders. Comparable in target geography, ticket size, and mid-market LBO approach to IGI.
- Synergo SGR: Italy-based private equity firm that co-invested with IGI on historical deals (e.g., Valvitalia in 2007) and where IGI's current CEO Matteo Cirla was previously a Partner. Closely comparable in Italian mid-market buyout strategy and industrial focus.
- Chequers Capital: French mid-market private equity firm that has co-invested with IGI on multiple Italian deals (Rollon, Vimec, Valvitalia). Comparable as a mid-market European buyout firm with similar ticket sizes and an industrial/B2B services focus.
Broad incumbents
- Ardian: Global private investment house with a very active Italian mid-market practice. Comparable as a competitor in Italian buyouts (it previously owned Rollon, which IGI bought in 2013), though significantly larger and more diversified across strategies and geographies.
- NB Renaissance: Italian mid-market private equity platform originally spun out of Neuberger Berman, focused on Italian SMEs. Comparable in target geography and mid-market industrial focus, though operating as part of a much larger global asset manager.
Regional players
- Finint (NEIP III fund): Italian financial group managing private equity, credit and advisory activities, with NEIP III having co-invested with IGI in Vimec. Comparable as a domestic Italian PE capital provider and co-investor to IGI's funds.
Market position
Strengths5 records
Weaknesses5 records
Competitive moat5 records
Key risks6 records
Key highlights7 records
Customer concentration
IGI Sgr social profiles
Digital presenceIGI Sgr financial estimates
Financial estimateRevenue estimate
Valuation estimate
IGI Sgr leadership team
Management profileNumber of profiles
Profiles14 records
IGI Sgr funding detail
Funding detailFunding overview
Funding rounds
Investors
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
IGI Sgr M&A and investment
M&A and investmentM&A12 records
Investments
M&A and investment is available on the Subscription and Enterprise plan.Contact sales →
Frequently asked questions about IGI Sgr
What does IGI Sgr do?
IGI SGR SpA manages private equity funds (IGI Investimenti Quattro, Cinque, Cinque Parallel, Sei, and the Sustainable Transition Fund) that acquire controlling stakes through leveraged buyouts and management buyouts in Italian manufacturing companies. The firm partners with management teams to drive EBITDA growth, targeted M&A, deleverage and improved competitive positioning, targeting returns of 2.5x to 3.0x on invested capital. Revenue is generated from management fees and carried interest on committed and deployed fund capital.
Is IGI Sgr a public or private company?
IGI Sgr is a private company. It is classified as management employee owned and is currently operating.
When was IGI Sgr founded?
IGI Sgr was founded in 1998. It employs 1 to 10 people.
Where is IGI Sgr based?
IGI Sgr is headquartered in Milano, Italy, in the Europe region.
How does IGI Sgr make money?
One revenue line is on record: fund Management.
Who are IGI Sgr's main competitors?
Direct peers on record are Tamburi Investment Partners, Investindustrial, Clessidra, Wise Equity, Charme Capital Partners, Synergo SGR and Chequers Capital. Broad incumbents are Ardian and NB Renaissance. Finint (NEIP III fund) is listed as a regional player.
Does IGI Sgr have an API?
No public API is recorded for IGI Sgr.
What industry is IGI Sgr in?
IGI Sgr's product category is Private Equity Fund Management. Its primary akta.pro industry code is BPAHAOAE, Equity Capital Advisory (Private Equity Placements, Growth Capital). Its NAICS code is 52394.