# Progressio

Progressio is a Private Equity based in Milan, Italy.

## Overview

- **Organization type:** Private Equity
- **Headquarters:** Milan, Italy
- **Region:** Europe
- **Address:** Milan, Italy
- **Founded:** 2005
- **Assets under management:** Undisclosed
- **Website:** www.progressiosgr.it
- **LinkedIn:** https://www.linkedin.com/company/progressio

## Regulatory record

- **Reports private funds:** No

## About

Progressio SGR è una società indipendente di private equity che investe in PMI italiane ad alto potenziale, creando valore nel lungo periodo.

## Sectors

- Luxury
- Food & Beverage
- Healthcare Services
- Digital
- Industrial Tech

## People

- Filippo Gaggini — Managing Partner
- Angelo Piero La Runa — Managing Partner
- Nino Mascellaro — Managing Partner

## Questions

### Who runs investment decisions at Progressio?

The firm lists three managing partners — Filippo Gaggini, Angelo Piero La Runa, and Nino Mascellaro — on its website. As a management-owned SGR, the investment committee draws from this senior group, with decisions executed by a team whose senior members have worked together for over a decade.

### What investment stages does Progressio typically target?

Progressio targets mid-market Italian SMEs through majority buyouts and expansion capital. Its strategy covers management buy-ins, management buyouts, growth equity, and corporate reorganizations, always with the intent of driving industrial transformation rather than passive ownership.

### Which sectors does Progressio explicitly invest in?

The firm focuses on five verticals where Italy has strong industrial heritage: lifestyle (including design and luxury), food and beverage, healthcare, digital, and precision mechanics. The website’s portfolio cases confirm deployments in each of these categories.

### How does Progressio source proprietary deal flow?

The firm cites its multi-decade network of relationships with entrepreneurs, managers, advisors, and professionals as its primary sourcing engine. Because it operates without a parent institution, deal origination relies heavily on the partners’ personal reputations and the firm’s track record in Italian mid-market buyouts.

### What is Progressio's posture on co-investments alongside external GPs?

Progressio has transacted alongside co-investors; the recent exit of luxury furniture brand Giorgetti involved a buyer consortium led by Solida Capital with Alsara Investment Group and Vivium. The firm has not, however, disclosed a formal co-investment program or systematic syndication approach.

## Related profiles

- [Progreso AFP](https://altss.com/profile/progreso-afp)
- [Progression Fund](https://altss.com/profile/progression-fund)

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Last updated: 2026-06-03T20:00:00.000Z

Canonical page: https://altss.com/profile/progressio

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