Investindustrial is a private equity investor with an entrepreneurial European outlook. The firm focuses on mid-market companies and typically targets buyouts operations. They invest primarily in small and medium-sized companies based in Southern Europe, particularly in Italy and Spain. They follow an active buy-and-build strategy, and may invest in turnaround situations. Their investment approach emphasizes international expansion (including in the US and in Far East Asia ex-China) and increased profitability over leverage. They invest in a wide variety of sectors such as consumer, retail & leisure, industrial manufacturing, services & concessions, while believing in a sector-specialist approach across countries, particularly in industries such as healthcare.Following a hands-on approach, they prefer to be sole or lead investor and consider minority interests on a case-by-case basis. They invest for the very long term and aim to hold their portfolio companies for up to 15 years, however they may also conclude a resale rapidly if an opportunity arises. IPOs are part of their exit strategies on an exceptional basis.