# H.I.G. Capital acquires Initial Textile for €410 million, rebrands as Netexial

Initial Textile, a century-old professional textile rental and maintenance company, was acquired by investment fund H.I.G. Capital for €410 million. The acquisition was finalized on September 30, 2025, and the company has been rebranded as Netexial.

- Type: Acquisition
- Announced: 2025-09-30
- Where: France
- Status: completed
- Products: professional textile rental and maintenance services
- Sectors: [Industrial Textiles](https://endata.com/sectors/industrial-textiles.md)

## Companies

- [H.I.G. Capital](https://endata.com/companies/2117.md) (acquirer)
- [Initial Textile](https://endata.com/companies/88708.md) (target)
- [Netexial](https://endata.com/companies/88709.md) (target)

## Sources

- [lequotidiendesentreprises.fr](https://www.lequotidiendesentreprises.fr/secteurs/industrie/netexial-nouveau-nom-dinitial-textile-apres-son-rachat/), 2025-11-26: "Cette nouvelle identité, c'est une promesse : continuer d'être au service des métiers, avec plus de moyens pour innover, pour agir, et pour protéger."

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Data from Endata (https://endata.com/). Announcements are summarized from public sources and may be incomplete; check the linked originals.