Progressio SGR

Progressio SGR is an independent private equity firm headquartered in Milan, Italy, specializing in managing closed-end funds for institutional investors. The firm is dedicated to investing in Italian small and medium-sized enterprises (SMEs) that demonstrate high growth potential. Its core mission involves providing strategic capital and support to these companies, facilitating their development and expansion, particularly through internationalization processes.

Progressio SGR employs a focused investment strategy, targeting established Italian businesses with significant upside. The firm typically seeks companies with annual revenues ranging from €30 million to €150 million, indicating a preference for mature, yet still scalable, enterprises. For its initial investments, Progressio SGR typically deploys an equity cheque between €15 million and €40 million, reflecting its commitment to taking meaningful stakes that enable substantial strategic influence and growth acceleration.

Over its operational history, Progressio SGR has successfully raised and managed a series of funds. Its latest and largest fund, Progressio Investimenti IV, achieved a final close of €350 million in July 2023, surpassing its initial target. This significant capital pool underscores the firm's robust fundraising capabilities and the confidence of its institutional limited partners. Previous funds, such as Progressio Investimenti II (launched 2014, €205 million) and Progressio Investimenti III (launched 2018, €250 million), also demonstrated a consistent growth trajectory in fund size.

By focusing on a specific segment of the Italian market and providing substantial financial backing coupled with strategic guidance, Progressio SGR aims to unlock value and drive the long-term success of its portfolio companies. Its approach emphasizes partnership with management teams to navigate growth challenges and capitalize on market opportunities, ultimately contributing to the vitality of the Italian industrial landscape.