Mindful Capital completed the acquisition of a majority stake in Fiorini Industries.

Mindful Capital, a private equity company, completed the acquisition of a majority stake in Fiorini Industries, an energy efficient solutions provider for the HVAC sector. Financial terms were not disclosed. "Thanks to the commitment and entrepreneurial foresight of Antonio Fabbri, Fiorini has established a unique position over the years within an industry that of air conditioning/heating, where Italy traditionally plays a leading role globally. As a manager with sustainability as a key element of its strategy, we are excited to support the Fabbri family in the next growth cycle, which will see the company deeply involved in the energy transition process within the sector," Alberto Camaggi, Mindful Capital Managing Partner.