21 Centrale Partners and Indigo Capital have reached an exclusivity agreement for the acquisition of Prezioso Technilor through an investment vehicle managed by 21 Centrale Partners, alPARA_BREAK_SENTINEL_9f8e7d6c 21 Centrale Partners and Indigo Capital have reached an exclusivity agreement for the acquisition of Prezioso Technilor through an investment vehicle managed by 21 Centrale Partners, alongside the group's management team. Present in over 10 countries, Prezioso Technilor's client base is mainly in the energy sector and it has increased its turnover to over EUR200m. 21 Centrale Partners is a private equity firm specialised in growth leveraged buyouts, investing primarily in international mid-market companies based in France. Indigo Capital is a provider of mezzanine and junior capital to privately-owned mid-market European businesses.
Prezioso Technilor provides surface coating for industrial applications. The group offers a range of services including anti-corrosion coating, heat and cold insulation coating and passive fire protection.
The transaction should be completed in the next few months as it is currently subject to certain suspensive conditions, among which a granted approval from the relevant financial authorities as regards anti-trust rules.
