Progressio SGR

Progressio SGR is an independent private equity firm based in Milan, Italy, specializing in investments within the Italian mid-market segment. The firm manages funds totaling approximately €890 million and has completed 25 investments, including 16 add-ons and 17 exits. Progressio's investment strategy centers on Italian excellence, targeting high-growth companies in sectors such as consumer goods, healthcare, industrial, and technology. The firm aims to support these companies through organic growth and mergers and acquisitions, enhancing their managerial structures, sustainability profiles, and digital transformation initiatives. In 2021, Progressio obtained B Corp certification, and in 2022, it became a Benefit Corporation and a signatory of the Principles for Responsible Investment (PRI).

The firm's portfolio includes companies across various industries, reflecting its diverse investment approach. Notable investments include Spindox, a leading Italian IT consulting firm specializing in digital transformation services. In July 2025, Progressio acquired a 74.12% stake in Spindox, valuing the company at €13 per share, with a total consideration of €57.8 million. This strategic investment aims to support Spindox's growth and innovation in the digital sector.

Progressio SGR's commitment to sustainability and responsible investment practices is evident in its adherence to ESG principles. The firm actively seeks to enhance the sustainability profiles of its portfolio companies, promoting environmental responsibility and social inclusion. Through its strategic investments and focus on value creation, Progressio continues to play a significant role in the Italian private equity landscape, fostering growth and innovation in the mid-market sector.