to do great work
is to love
what you do
PROGRESSIO, “ITALIAN EXCELLENCE IN THE MID-MARKET”
Progressio SGR S.p.A. is an independent private equity firm focused on investing in Italian mid-market companies.
Progressio benefits from a highly skilled and cohesive investment team, led by a group of experienced partners team working together since more than 10 years.
Our goal is to build a stronger, resilient and inclusive economy by uncovering the hidden champions of Italian excellence and by generating winners through operational improvement and sustainable growth.
Our Mission
Our mission is generating value for our portfolio companies guaranteeing the protection and safeguarding of the environment and contributing to the improvement and growth of the local community in which each company is integrated, ensuring the respect and enhancement of all the stakeholders (employees, suppliers, customers).
In 2021 Progressio received the B Corp certification.
Filippo Gaggini
PARTNER TEAM – Managing Partner
Angelo Piero La Runa
PARTNER TEAM – Senior Partner
Nino Mascellaro
PARTNER TEAM – Senior Partner
Alessandro Petraccia
PARTNER TEAM – Partner
Massimo Dan
INVESTMENT TEAM – Investment Director
Giovanni Vettore
INVESTMENT TEAM – Investment Manager
Simone Assanelli
INVESTMENT TEAM – Associate
Giovanni Pesce
INVESTMENT TEAM – Associate
Mauro Ballabio
PORTFOLIO DEVELOPMENT TEAM – Operating Partner
Beatrice Capretti
ESG & IR TEAM – ESG Strategy & Investor Relations Director
Nicola Carbone
FINANCE & CORPORATE TEAM – CFO, ESG Manager
Cristina Bonaccorsi
FINANCE & CORPORATE TEAM – Administration
Francesca Guardamagna
FINANCE & CORPORATE TEAM – Assistant
Guido De Vivo
Founder, Non executive Chairman
Luciano Balbo
Independent Deputy Chairman
Paola Scarpa
Independent Board Member
Recent Investments
Save The Duck
sector
Fashion & Luxury
status
Realised
fund
Progressio Investimenti III
entry date
March 2018
exit date
April 2022
business description
Design and distribution of premium puffer jackets and outerwear apparel, 100% animal-free and with a unique balance between quality/style and affordability. Created in 2012, the brand is recognized worldwide for its top quality products and strong storyline based on respect for animals and sustainability.
Gampack
sector
Industrial
status
Unrealised
fund
Progressio Investimenti III
entry date
January 2019
business description
Production of machinery and systems for secondary packaging (shrink wrappers and cardboard packers) focused on the beverage sector. Founded in Podenzano (Piacenza) in 2004, in the so-called “Italian packaging valley”, thanks to the solidity, reliability and speed of its machines and to the high level of service provided to the customer, the company has established a specific niche and is a prominent player in the sector.
Gelit
sector
Food & Beverage
status
Unrealised
fund
Progressio Investimenti III
entry date
May 2019
business description
Production of private label frozen ready meals sold in Italy and abroad. Recognised for its ability to develop new recipes and the extensive production flexibility in its Cisterna di Latina-based plant position, Gelit is the key first-meal and crepes private-label supplier for most of the main Italian Large Scale Retailers. Gelit realize an important part of the revenues abroad, in particular in the United States.
Damiano
sector
Food & Beverage
status
Unrealised
fund
Progressio Investimenti III
entry date
July 2019
business description
Production and sale of organic almonds and other organic dried fruit since 1964. Damiano’s range of products includes whole nuts, spreads and butters sold to specialized and large scale retailers as well as food processing companies . All the products are strictly organic: a pioneering vision led Damiano becoming the market leader for organic almonds
Polenghi Food
sector
Food & Beverage
status
Unrealised
fund
Progressio Investimenti III
entry date
August 2019
business description
Marketing and distribution of lemon / lime juice products for the food dressing industry, with a relevant part of the business in the organic niche. The own brands are leaders across the reference markets. Founded in 1976 and located in Piacenza, the group has productive and commercial subsidiaries across Europe and USA and sell its product mostly to modern trade in more than 80 countries worldwide.
Interni
sector
Fashion & Luxury
status
Realised
fund
Progressio Investimenti III
entry date
October 2019
exit date
November 2021
business description
Leading player in the design and distribution of top luxury furniture since 1933, offering tailor-made services to its high-end clients. Interni operates through a network of multi-brand and mono-brand stores offering its renown desing experience in partnership with the best manufacturers and editors of the industry.
Assist Digital
sector
Digital
status
Unrealised
fund
Progressio Investimenti III
entry date
December 2020
business description
Customer Relationship Management (CRM) services focused on digital transformation. Blending human and artificial intelligence with a multi-channel strategy, Assist Digital offers business process outsourcing services and digital consulting services.
ATK Sports
sector
Industrial
status
Unrealised
fund
Progressio Investimenti III
entry date
May 2021
business description
Leading developer and producer of ski touring bindings and accessories. ATK Bindings are at the forefront of ski touring in terms of quality, durability, design and performance and are used by most participants in Ski Touring World Cups. The Company also develops and produces bindings for leading ski brands turning to ATK to complete their ski touring offer.