Announced
Completed
Financials
Sources
Tags
Completed
Italy
installation services
Maintenance Repair and Overhaul (MRO)
Acquisition
Friendly
Domestic
technological services
Single Bidder
Private
Private Equity
Majority
Synopsis
B4 Investimenti, an investment management firm, completed the acquisition of Hitrac Engineering, a provider of installation and maintenance services for technological systems, for $40m. The sale of the majority of the company to B4 Investimenti aims to accompany it in the realization of an important step forward in the path of growth and development, in order to further consolidate its market positioning at national level, as well as to progressively increase its penetration in specific foreign markets. strategically relevant. Hitrac's goal is a substantial doubling in size within the next three to four years.
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