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Announced

ICG-backed management of DGS to buy out the company from HIG Capital.

Synopsis

ICG-backed management of DGS, a firm in the Italian information technology market, is set to buy out the company from HIG Capital, an alternative investment firm. Financial terms were not disclosed. “We are proud to have contributed to the growth of DGS, allowing the company to become a key player in the Italian ICT market. Consolidating its positioning in the sector has allowed the Group to become a leader in the rapidly growing cybersecurity and digital transformation industry," Raffaele Legnani, HIG Managing Director and Head of Italy.

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