Media release
LGT Capital Partners acquires an equity stake in Sicit as co-investor with Renaissance Partners and TPG Rise Climate to support the company’s growth journey
LGT Capital Partners has signed a binding agreement to co-invest in the biostimulants producer Sicit alongside Renaissance Partners and TPG Rise Climate. This secondary equity transaction builds on LGT Capital Partners’ growing activity in Italy, following its recent role as lead investor in a secondary deal alongside Fondo Italiano d’Investimento.
Pfaeffikon, 16 May 2025. Founded in Chiampo, Vicenza, Italy, in 1960, Sicit is today one of the global leaders in the production of biostimulants. The company follows a circular business model, transforming residues from the leather industry into high-value added products for sustainable agriculture. It serves B2B clients globally, with exports accounting for over 90% of its revenues.
Against the backdrop of rising demand for sustainable agricultural solutions, Sicit plans to increase production and to expand its client base during its next phase of growth. Upcoming steps include commissioning a new production plant in Mexico and developing an early-stage line of vegetable and plant-based products.
André Aubert, Partner at LGT Capital Partners, said: “Sicit is one of the market leaders in the circular economy and has performed strongly over the past four years. We are pleased to support it in its next phase of growth and to partner with Renaissance Partners once again. We completed our first investment with the firm in 2016 and have maintained a strong relationship with it ever since. We look forward to pursuing further opportunities in the Italian market.”
LGT Capital Partners has been investing in the secondaries market for over 20 years, with more than 450 transactions completed to date. The Secondaries team has dedicated investment professionals in offices in Pfaeffikon (Zurich area), London, New York, Hong Kong and San Francisco, and it can leverage the capabilities of LGT Capital Partners’ overall Private Markets investment teams, which comprise a total of more than 100 individuals.
LGT Capital Partners
LGT Capital Partners is a leading global specialist in alternative investing with over USD 100 billion in assets under management and more than 700 institutional clients in 50 countries. An international team of over 850 professionals is responsible for managing a wide range of investment programs focusing on private markets, multi-alternatives and diversifying strategies, as well as sustainable and impact strategies. Headquartered in Pfaeffikon (SZ), Switzerland, the firm has offices in San Francisco, New York, Dublin, London, Paris, The Hague, Luxembourg, Frankfurt am Main, Vaduz, Dubai, Beijing, Hong Kong, Tokyo and Sydney.
IMPORTANT INFORMATION
AuM is estimated and subject to change. Private market assets are stated in terms of committed capital. This marketing material was issued by LGT Capital Partners Ltd., Schuetzenstrasse 6, CH-8808 Pfaeffikon, Switzerland and/or its affiliates (hereafter "LGT CP") with the greatest of care and to the best of its knowledge and belief. LGT CP provides no guarantee with regard to its content and completeness and does not accept any liability for losses which might arise from making use of this information. The opinions expressed in this marketing material are those of LGT CP at the time of writing and are subject to change at any time without notice. If nothing is indicated to the contrary, all figures are unaudited. This marketing material is provided for information purposes only and is for the exclusive use of the recipient. It does not constitute an offer or a recommendation to buy or sell financial instruments or services and does not release the recipient from exercising his/her own judgment. This marketing material may not be reproduced either in part or in full without the written permission of LGT CP. It is not intended for persons who, due to their nationality, place of residence, or any other reason are not permitted access to such information under local law.
