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HIG sells IT specialist DGS

HIG Capital, a global alternative investment firm with $62bn of capital under management, will sell its portfolio company and Italian information technology specialist DGS to the company’s co-founders and management team, in partnership with alternative asset manager ICG.

DGS was founded in 1997 and offers cybersecurity services (consulting, data protection, network protection and monitoring & control services), IT management consulting and digital transformation solutions (cloud, ERP, CRM, PLM/SCM, workflow digitalisation, collaboration/content management, artificial intelligence and data analytics). The group currently has over 1,900 employees and revenues of approximately €300m, according to a press statement.

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