IGI Private Equity completed the acquisition of ThermoKey.

IGI Private Equity, a private equity firm that focuses on buyout and expansion investments, completed the acquisition of ThermoKey, a manufacturer of top quality heat exchangers, with participation from LGT Capital Partners and BNP Paribas. Financial terms were not disclosed. “In these 10 years, we have worked hard as a management team to position ThermoKey among the leading companies in Europe in our sector, focusing on reliability, sustainability, and innovation. I am glad to continue leading the company with my team, alongside IGI Private Equity, which shares and supports our commitment to designing and producing solutions that respect the environment and improve people’s quality of life. Sustainability and digitalization are and will continue to be our main drivers of growth,” Giuseppe Visentini, ThermoKey CEO.