THCP to invest $57m in Gorent.

Three Hills Capital Partners, a private equity firm, agreed to invest $57m in Gorent, a provider of eco-sustainable vehicles on hire and sale intended for urban sanitation services. The transaction is expected to complete in March 2022. “We are very excited to partner with Furio and his team for the next growth phase of their business. We continue to focus our efforts on finding successful companies in the sustainability space, one of the key verticals within our portfolio. This journey started back in 2009 with our investment in Aquafil and has continued through several deals across Europe focused on the circular economy and sustainability. Gorent’s purpose driven business model makes it a solid fit for our strategy, and we look forward to working with the team to build on their strong existing momentum and support their international expansion," Mauro Moretti, THCP Partner and Chairman.