Muzinich & Co. has announced the purchase of Springrowth SGR, a private debt investment firm. Springrowth was launched in 2017 by a team of Italian senior bankers with the aim of targeting the low-risk end of the alternative investment spectrum within the private debt market.

Springrowth provides a differentiated lending model by focusing on loans co-originated with Italian banks and packaged in highly diversified portfolios, an approach that is actively sponsored by the European Investment Fund.

Springrowth’s capabilities, which combine a large origination network with unique portfolio management tools, offer what we believe is a strong complement to Muzinich’s current Italian private debt strategies.

The acquisition of Springrowth further strengthens Muzinich’s commitment to provide growth financing to Italian middle market companies.