H.I.G. Capital Acquires a Majority Stake in Metalprint

MILAN–(BUSINESS WIRE)–#Manufacturer–H.I.G. Europe, the European arm of H.I.G. Capital (“H.I.G.”), a leading
global private equity investment firm with more than €27 billion of
equity capital under management, announced today that an affiliate has
completed the acquisition of a controlling stake in Metalprint, one of
the world’s leading manufacturers of forged brass and aluminium
industrial components.

Metalprint, founded in 1974 and based in Calcinato (Brescia, Italy), has
expanded meaningfully, driven by the growing market demand for forged
components and by management’s constant effort towards the
internationalization and the modernization of the business. In
particular, the growth in the aluminium space was accelerated in 2017
through the acquisition of Jebco Manufacturing, a leading provider of
high precision machined aluminium components in North America.

Today, Metalprint generates 85% of its sales outside of Italy, with a
leadership position in both Europe and North America and is a trusted
partner for various global leaders in the recreational vehicles,
industrial valves, pressure washers and nuclear industries. In its
Brescia (Italy) and Colborne (Canada) plants, Metalprint leverages state
of the art production lines in terms of efficiency, automation and
safety standards.

H.I.G. acquired a controlling stake in Metalprint from the founding
families Strazzari and Cerutti who reinvested with H.I.G. in the
transaction and commented: “The relationship with a global fund like
H.I.G. is a recognition of the great work done by Metalprint management
over the last years and represents a crucial step to further accelerate
the group’s future development.”

Raffaele Legnani, Managing Director of H.I.G. Capital in Italy, added:
“Metalprint is one of the international leaders in brass and aluminium
forging. H.I.G. is excited to support the management of the company in
its ambitious growth plan and we are confident we will make a
contribution to Metalprint’s internationalization.”

About Metalprint

Established in 1974 in Calcinato (Brescia), Metalprint is one of the
world’s largest manufacturers of brass and aluminium components.
Metalprint supports its clients over the entire process of product
design and development and adopts a highly automatized production
process. The company operates in Canada through Jebco Manufacturing,
North American leader in the high precision machining of aluminium
components.

About H.I.G. Capital

H.I.G. is a leading global private equity and alternative assets
investment firm with over €27 billion of equity capital under
management.* Based in Miami, and with European offices in London,
Hamburg, Madrid, Milan, Paris, and U.S. and Latin American offices in
New York, Boston, Chicago, Dallas, Los Angeles, San Francisco, Atlanta,
Bogotá, Rio de Janeiro and São Paulo, H.I.G. specializes in providing
both debt and equity capital to small and mid-sized companies, utilizing
a flexible and operationally focused/ value-added approach:

1. H.I.G.’s equity funds invest in management buyouts, recapitalizations
and corporate carve-outs of both profitable as well as underperforming
manufacturing and service businesses.

2. H.I.G.’s debt funds invest in senior, unitranche and junior debt
financing to companies across the size spectrum, both on a primary
(direct origination) basis, as well as in the secondary markets. H.I.G.
is also a leading CLO manager, through its WhiteHorse family of
vehicles, and manages a publicly traded BDC, WhiteHorse Finance.

3. H.I.G.’s real estate funds invest in value-added properties, which
can benefit from improved asset management practices.

Since its founding in 1993, H.I.G. has invested in and managed more than
300 companies worldwide. The firm’s current portfolio includes more than
100 companies with combined sales in excess of €28 billion. For more
information, please refer to the H.I.G. website at www.higcapital.com.

* Based on total capital commitments managed by H.I.G. Capital and
affiliates.

Contacts

Raffaele Legnani
Managing Director
[email protected]

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