HIG Capital, a global private equity investment firm with $52 billion of equity capital under management, has acquired a majority stake in Onis Visa, a European operator in the design, assembly and sale of generating sets and motor pumps.
The investment of HIG will be in partnership with the Barro family who founded the company over 60 years ago and will retain the current management positions in the company.
Founded in 1960, Onis Visa is today one of the leading industrial groups in its market and is known for its advanced technical and engineering capabilities that allow the Group to offer a wide range of reliable, performing and highly customised solutions.
Marco and Lorenzo Barro, co-CEOs and current shareholder of Onis Visa, will reinvest alongside HIG.
