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HIG WhiteHorse invests in Savio Group

HIG WhiteHorse, a credit affiliate of global investment firm HIG Capital, has completed, alongside Tikehau Capital, an investment of EUR85 million in Notes issued by Savio Group, controlled by Alpha Private Equity.

Based in Pordenone, Italy, Savio Group is a global leader in production of machinery and quality control systems for the textile industry.
 
Guido Lorenzi, Director at HIG WhiteHorse in Milan, says: “This transaction reaffirms HIG WhiteHorse’s commitment to invest in Italy, supporting leading companies and its ability to originate proprietary transactions. We will support the next stage of development of the Company. We continue to see Italy as a highly attractive market.”
 

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