PE Deals

Three Hills Capital Partners makes play for Digital360

D360 is an Italian provider of digital marketing and advisory services.

-
  • THCP will invest using a mix of preferred capital, loan, and equity instruments 
  • D360 is the fifth transaction from Three Hills Capital Solutions IV
  • THCP is a European mid-market preferred capital firm based in London

Three Hills Capital Partners (THCP), via THCS IV, has agreed to invest around €64 million in Digital360 (D360), an Italian provider of digital marketing and advisory services.

D360 is headquartered in Milan.

THCP will invest using a mix of preferred capital, loan, and equity instruments.

“We see the investment in Digital360 as an opportunity to support an innovative business with an experienced management team that has already demonstrated an impressive track record for growth, executing around 30 successful M&A acquisitions completed to date, further underpinned by positive market tailwinds,” said Michele Prencipe, partner at THCP.

D360 is the fifth transaction from Three Hills Capital Solutions IV (THCS IV).

THCP will provide capital to support the delisting of D360 from the Euronext Growth segment of Borsa Italiana and finance its M&A strategy, according to a release.

The transaction is expected to close by July 2023, with a completion of the delisting process expected by the end of September 2023.

THCP is a European mid-market preferred capital firm. It is headquartered in London.