Quadrivio Group's Silver Economy Fund successfully acquired 100% of Mir, a leading Italian spirometry firm, with plans to enhance its market presence and growth prospects in the medical devices sector.

Target Company Overview

Mir (Medical International Research), founded in 1993 in Rome, is a leading global player in the field of spirometry, providing medical devices and software for the diagnosis and monitoring of respiratory diseases. The company boasts a distribution network that spans over 100 countries, achieving a revenue of 22 million euros in 2024. With continuous growth anticipated, Mir plans to launch a new product, the Maximal Inspiratory Pressure (Mip) system, in 2025.

The recent acquisition sees Mir being fully acquired by the Silver Economy Fund, part of Quadrivio Group’s private equity activities. This acquisition involved the purchase of shares from previous stakeholders, including Aksìa, Overseas Industries, founder Siro Brugnoli, Giovanni Carlino, and Mir's management team.

Industry Overview in Italy

The spirometry sector in Italy and globally is valued at over 1 billion euros and is experiencing significant growth. Projections suggest that by 2031,