Firms To Watch: Commercial, corporate and M&A

ACT Legal Us Avvocati has significant experience in advising domestic and international companies, entrepreneurs and HNW families on commercial and corporate law matters, as well as M&A, demergers, contracts, and corporate governance.
Focused on SMEs, Andersen in Italy's corporate practice is co-led from Milan by Gherardo Cadore, whose track record includes successfully advising private equity funds on the acquisition of Italian-based targets; and Francesco Inturri, who has extensive experience in corporate law and commercial agreements.
L&B Partners Avvocati Associati's corporate and M&A team in Milan fields Michele Di Terlizzi, whose practice covers commercial and corporate law, M&A, and energy and infrastructure matters, along with extraordinary transaction expert Davide Pelloso.
Morri Rossetti e Associati's Milan-based corporate and M&A department is co-led by name partner and M&A and corporate law specialist, Stefano Morri; Roberta Incorvaia, an adviser on M&A, corporate governance, corporate reorganisations, and commercial contracts; and commercial and corporate law expert Matteo Gariboldi.  
The corporate and M&A practice at Squire Patton Boggs, which opened up in Italy in January 2020, is jointly led by energy sector specialists and former Curtis, Mallet-Prevost, Colt & Mosle LLP partners  Ian Tully and Daniela Sabelli, along with Sara Belotti, a May 2022 recruit from Studio Professionale Associato a Baker & McKenzie. Paolo Zamberletti was a new arrival in early 2024 from K&L Gates.

Commercial, corporate and M&A in Italy


Acting for several leading Italian companies, BonelliErede advises on the gamut of business and corporate law matters, including high-stakes M&A. Giulia Bianchi Frangipane is a corporate law specialist; Andrea Carta Mantiglia focuses on the healthcare, life sciences and TMT sectors; Eliana Catalano is ‘a star lawyer’; and Silvia Romanelli’s practice encompasses corporate and business law, M&A, takeover bids, joint ventures, and extraordinary transactions. Other active practitioners are private client focus head Gianpiero Succi, Gianfranco Veneziano, who spearheads development of the firm’s Egyptian practice, and corporate law expert Nicola Marchioro. M&A specialist Alessandro De Nicola was hired from Orrick, Herrington & Sutcliffe in February 2024.

Other key lawyers:

Giulia Bianchi Frangipane; Andrea Carta Mantiglia; Eliana Catalano; Silvia Romanelli; Gianpiero Succi; Gianfranco Veneziano; Nicola Marchioro; Alessandro De Nicola; Augusto Praloran; Marco Bitetto


‘From the earliest stages, the attention and precision of all team members is evident and expectations are met.’

‘The whole team is reliable and competent.’

‘Very strong technical skills and knowledge of the Italian civil code.’

‘For this team, the client comes first. They’re exceptionally dedicated and make themselves available at all times.’

‘Capable of effectively coordinating work across practice areas and jurisdictions. Clients can rest assured they are in very competent and dedicated hands.’

‘Excellent team that is complete and always available.

‘Eliana Catalano is a star lawyer with excellent soft skills. A pleasure to work with her, even for counterparties – very respected.’

‘Gianpiero Succi’s strong point is his availability seven days a week, the speed of responses, and the ability to find the most suitable solutions.’

Key clients


DeA Capital

CDP Equity

Edizione Holding







Work highlights

  • Advised GOI Energy on the acquisition of ISAB, an Italy-based company that owns refining, gasification and electricity cogeneration plants.
  • Advised Edizione, as majority shareholder of Autogrill, on the successful closing of the business combination between Autogrill and Dufry AG.
  • Advised Brembo on the proposal to relocate the company’s registered office to the Netherlands.


Chiomenti routinely acts in the Italian market’s most significant transactions. The practice is co-led by Massimiliano Nitti, who advises domestic and international clients on private and public M&A, and Marco Maugeri, whose sector expertise covers banks, insurance and other regulated entities. Other highly-regarded advisers are extraordinary transaction specialist Filippo Modulo, as well as Luca Fossati, Carlo Croff, Michele Carpinelli, Francesco Tedeschini, Antonio Sascaro, Edoardo Canetta Rossi Palermo, and Luigi Arnaldo Cremona. In a major boost to the team, Mario RoliElena Busson and Livia Cocca joined from BonelliErede in early 2023.

Other key lawyers:

Filippo Modulo; Luca Fossati; Carlo Croff; Michele Carpinelli; Francesco Tedeschini; Antonio Sascaro; Edoardo Canetta Rossi Palermo; Luigi Arnaldo Cremona; Mario Roli; Elena Busson; Livia Cocca; Maria Vittoria Marchiolo


Great business and strategic vision. What makes this practice truly unique is their unwavering commitment to client satisfaction.’

‘Tailored solutions – this practice doesn’t believe in one-size-fits-all legal advice. They take the time to understand clients’ specific needs and craft personalised legal strategies that align with clients’ goals.’

‘A collaborative culture – unlike some firms where individual egos can take centre stage, this practice thrives on teamwork. Their collaborative culture ensures that clients benefit from the collective wisdom and expertise of the entire team.’

‘The team reflects a diverse range of backgrounds, experiences, and perspectives. This commitment to inclusivity enhances their problem-solving abilities and brings fresh ideas to the table.’

The strengths and capabilities of the team at this practice are truly impressive. Every member of the team, from partners to associates, possesses deep legal knowledge.

‘Their expertise covers a wide range of practice areas, ensuring they can handle even the most complex matters with confidence.

‘Elena Busson stands out for her speed in following up on various requests, availability, and strong ability to listen to the other party.’

‘Mario Roli is an exceptional lawyer with deep knowledge of the Italian M&A nuances. Always available for clients, he has an unrivalled attention to detail, and often helps bridge positions during negotiations with great calm and a constructive approach.’

Key clients

Aedes (Group)

Allianz Group

Allianz S.p.A.


Aquila Capital Management Gmbh

Astm S.p.A.

Best In Parking & Real Estate Ag

Bnp Paribas

Bper Group

Capvis General Partner V Ltd.


Cassa Depositi E Prestiti

Cir S.P.A. – Compagnie Industriali Riunite

Coima Sgr S.p.A.

Coop Alleanza 3.0 Società Cooperativa

Dufry International AG

Enel S.p.A.

Eni S.p.A.


Flutter Entertainment Plc

Gavio Group

Henderson Group

I.C.F. S.R.L.

Investindustrial Group

Italia Trasporto Aereo S.p.A.

Julius Baer Group

Kohlberg Kravis Roberts & Co Partners Llp

Life Care Capital S.p.A.

Mediacom Communications Corporation


Mediterranean Shipping Company S.A. (MSC)

Prelios Group

Silver Fir Capital Sgr S.p.A.

SIT S.p.A.

Snam S.p.A.

The Friedkin Group

Unipol Group


Warburg Pincus International Llc

Zambon Group

Work highlights

  • Advised BPER Banca S.p.A. on the completion of the acquisition of 79.98% of the share capital of Banca Carige, as well as in relation to the subsequent launch of a mandatory tender offer on all the remaining outstanding shares of Banca Carige.
  • Advising Investindustrial Investment Holding on an investment in the share capital of Eataly.
  • Advised Mediterranean Shipping Company on the acquisition of the entire corporate capital of Rimorchiatori Mediterranei and, indirectly, of its Italian and foreign subsidiaries.

Gianni & Origoni

The enviable track record of Gianni & Origoni's multidisciplinary corporate M&A practice includes a plethora of listed company deals. Francesco Gianni is a renowned M&A expert; Andrea Aiello's practice includes advising corporations on major acquisitions; Gabriella Covino specialises in private M&A, joint ventures, and corporate and commercial law; and Alfredo D’Aniello is ‘a brilliant lawyer’. The group also includes former CONSOB legal department officer Antonio Segni; London and Rome-based Raimondo Premonte and Donato Romano; M&A, and corporate and commercial law experts Chiara Gianni and Mattia Casarosa, and Alberto Recchia.

Practice head(s):

Francesco Gianni; Alfredo D’Aniello; Antonio Segni

Other key lawyers:

Gianluca Ghersini; Gabriele Ramponi; Andrea Aiello; Gabriella Covino; Raimondo Premonte; Donato Romano; Chiara Gianni; Mattia Casarosa; Alberto Recchia; Caterina Pistocchi


‘The M&A team is probably the best in Italy for reputation and market knowledge.’

‘A great ability to respond in real time to any client’s question and to deliver first-class products. A very well-structured inter-disciplinary team.’

‘The Gianni Origoni team provides extraordinary support during the acquisition of companies in Italy. The team is always available in case issues or questions come up.’

‘Francesco Gianni and Mattia Casarosa are always able to solve clients’ problems in the fastest way.’

‘Mattia Casarosa is involved in every step of the process. He is well informed, professional, and has strong communication skills. Responds in a timely manner, and is able to form a bridge between the buyer and seller (from a cultural, as well as, personal aspect).’

‘Alfredo D’Aniello is a brilliant lawyer, with great negotiation skills and always on top of every matter.’

‘Romano Donato has remarkable experience and knowledge of the M&A market; he is always available (even during weekends and on holidays) to resolve clients’ needs.’

‘Chiara Gianni is very flexible and accommodating to clients’ requests.’

Key clients





Armonia SGR

Assicurazioni Generali

Atlantia S.p.A. (Edizione Holding)


Autogrill S.p.A.

Banca Carige


Cassa Depositi e Prestiti



Daikin Industries

Damac (Roberto Cavalli)


Ergon Capital

Eurospin Italia

Ferrovie dello Stato


Hager Group

Hitachi Ltd


LivaNova PLC

LVMH Fashion Group




Nibe Industrier




Poste Italiane

Reale Compagnia Italiana Srl

Revo S.p.A.


Salcef Group

Sixth Street




Telecom Italia S.p.A.

Tinexta S.p.A.


Trevi Group


Veneta Cucine

Zurich Insurance Company

Work highlights

  • Advised the Ministry of Economy and Finance on the competitive procedure concerning the sale of a controlling stake in ITA Airways.
  • Advised Kering on the acquisition of a 30% stake in Valentino Fashion Group from Mayhoola for Investments LLC, a Qatar-based investment firm.
  • Advised Zurich Insurance Company on the acquisition from Deutsche Bank of its financial advisory business unit.

Legance - Avvocati Associati

Legance - Avvocati Associati is sought out for high-end, cross-border M&A deals, with sector specialisms for the practice including banking, insurance, real estate, Pharma, manufacturing, energy, infrastructure, and transport. Among the firm’s several experienced practitioners Filippo Troisi is a renowned deal expert; Bruno Bartocci routinely advises on major cross-border transactions; and Alberto Giampieri acts for corporate clients on significant mergers. The department further features Giovanni Nardulli, Gian Paolo Tagariello, Gabriele CapecchiAndrea Sacco Ginevri, Andrea Botti and Federica Pomero, along with Giacomo Gitti, Stefano BandiniFilippo Benintendi and Laura Li Donni.

Other key lawyers:

Filippo Troisi; Bruno Bartocci; Alberto Giampieri; Giovanni Nardulli; Gian Paolo Tagariello; Gabriele Capecchi; Piero Venturini; Andrea Fedi; Andrea Sacco Ginevri; Cecilia Carrara; Andrea Botti; Giorgio Vanzanelli; Sven von Mensenkampff; Roberto Randazzo; Francesco Florio; Giacomo Gitti; Federica Pomero; Marco Sagliocca; Stefano Bandini; Filippo Benintendi; Laura Li Donni


‘Incredible team. Hard working, senior leadership throughout the process, incredible network in the Italian market, smart structuring, a go-beyond attitude, and commercial.

‘A very good M&A practice.’

‘Andrea Botti is the best lawyer around. All-rounder, impressive deal-making capabilities, commercial acumen, smart, incredibly experienced, and a world above counterparts’ legal advisors.’

‘High levels of responsiveness and competence.’

Great availability, promptness and reliability.

Key clients

AC Milan

Advent International


ANIA – Associazione Nazionale fra le Imprese Assicuratrici

Apax Partners

Apollo Global Management

AS Roma

Bain Capital

Banca Farmafactoring

Basler AG




Brystol – Myers Squibb


Canson Capital Partners


Cassa Depositi e Prestiti

Celmacch Group


Coop Alleanza 3.0

CDP Equity S.p.A.

Change Capital Partners

Charme Capital Partners

CNH Industrial

Coima Res

Costa Crociere (Carnival Group)

Credem Private Equity SGR


DWS Infrastructure Investment fund

Emerson Electric

Fondazione Enasarco

Energean Oil & Gas


Fiat Chrysler Automobiles

Fintecna S.p.A.

First Reserve

Fortress Investment Group

Generali Group

GIC Private Limited


IGD SiiQ S.p.A.


IPI Partners

IWG plc

JSW Steel

Krones Group

Lanxess AG

Lone Star

Macquarie Asset Management

Martin-Baker Aircraft Co. Ltd.



Mindful Capital Partners (formerly Mandarin Capital Partners)

Neuberger Berman


Oaktree Capital Management

Percassi Group (Atalanta)



Reale Mutua

RedBird Capital Partners Management LLC

San Quirico S.p.A.

Schaeffler Group

Schott AG






The Friedkin Group

Trumpf Group

U.C. Sampdoria S.p.A.


VAM Investments


Work highlights

  • Advised Blackstone on the launch, with Edizione, of a voluntary tender offer for the shares of Atlantia.
  • Advised Platinum Equity/Solenis oh the Italian legal aspects of the proposed acquisition of Diversey Holdings (and, specifically, the indirect acquisition of the entire corporate capital of its Italian subsidiaries).
  • Assisted Permira with the signing of an agreement for the acquisition of a majority stake in Gruppo Florence.


In January 2024, Pedersoli Studio Legale and Gattai, Minoli, Partners merged to become PedersoliGattai, which fuses banking and financial services sector experience with private equity expertise. The practice fields several advisers, namely: highly-rated M&A practitioner Eugenio Barcellona; ‘great lawyerAscanio Cibrario; private equity specialist Bruno Gattai; and transaction expert Andrea Gandini. Other key practitioners are Marcello MagroAlessandro Marena, Antonio Pedersoli, Carlo Pedersoli and Giovanni Pedersoli, along with Gerardo Gabrielli, Luca Saraceni, Luca Rossi Provesi, Marta Sassella, Federico Bal and Damiano Battaglia. Carlo Montagna and Stefano Cacchi Pessani joined during 2023 from BonelliErede. Luca Minoli left the firm in March 2024.

Other key lawyers:

Bruno Gattai; Eugenio Barcellona; Ascanio Cibrario; Andrea Gandini; Marcello Magro; Alessandro Marena; Antonio Pedersoli; Carlo Pedersoli; Giovanni Pedersoli; Gerardo Gabrielli; Luca Saraceni; Luca Rossi Provesi; Marta Sassella; Federico Bal; Damiano Battaglia; Stefano Cacchi Pessani; Carlo Re; Diego Riva; Andrea Faoro; Jean-Daniel Regna-Gladin; Giulio Sandrelli; Marida Zaffaroni; Edoardo Pedersoli; Stefano Catenacci; Nicola Brunetti; Laura Ortali; Sebastiano Cassani; Alessandro Capogrosso; Carlo Montagna; Enrico Vaccaro


A preferred legal provider – an extremely competent and reliable law firm.’

‘The assistance provided is always of the highest standard and the legal knowledge has no equal.’

‘All the professionals are responsive, have great negotiation skills and capabilities, and are always available and attentive to clients’ needs. They are particularly careful to establish a good relationship with clients.’

‘Antonio Pedersoli is definitely superb at finding smart solutions to negotiation deadlocks; and Andrea Gandini is an expert at solving tricky commercial, corporate and M&A problems.’

‘Ascanio Cibrario is a great lawyer with exceptional negotiation skills and a strong approach to guiding clients through very complex transactions.’

‘Giovanni Pedersoli and Marta Sassella are very skilled and experienced – able to manage tough negotiations and maintain a calm approach without giving up on the terms that are key for their client.’

‘Luca Rossi Provesi is a very talented and always available lawyer – always involved in any delicate phase of negotiations.’

Competence, commitment and empathy. These are the three words that characterise the work and service provided by Edoardo Pedersoli – an outstanding partner who provides a quality service.’

Key clients

Intesa Sanpaolo

Ariston Holding N.V.


Industrie De Nora

Rimorchiatori Mediterranei

CTC Conceria del Chienti

Piero Ferrari

Alchemy Special Opportunities Fund

Cerruti family

Intesa Sanpaolo Vita

GEDI Gruppo Editoriale

Aedes SIIQ

White Bridge Investments


Ambienta Sgr

Made in Italy Fund

Diatech Pharmacogenetics

F&P Equity Partners


Bio Sardinia



Grand Hotel s.r.l.

Iliad Italia S.p.A. and Windtree

Jakala (Ardian)


SugarCreek Packing Co.

T.O. Delta S.p.A


Versalis (ENI)

Viasat Group

Zanzar (21 Invest)

Work highlights

  • Advised Ariston Holding N.V. on the agreement with Centrotec SE for the acquisition of 100% of the share capital of Centrotec Climate Systems GmbH.
  • Advised Intesa Sanpaolo on the sale of Intesa Sanpaolo Formazione to Nextalia SGR.
  • Advised FSI on its agreement with Bancomat regarding FSI’s entry into Bancomat’s capital alongside its shareholder banks.

Cleary Gottlieb Steen & Hamilton

Cleary Gottlieb Steen & Hamilton’s Italian corporate M&A practice has a particularly strong track record in public M&A, as well as M&A deals involving the energy, infrastructure, transportation, TMT, financial institutions, and Pharma sectors. The principal practitioners are Giuseppe Scassellati-Sforzolini, who launched the firm’s Italian corporate practice in the early 1990s; M&A and restructuring expert Roberto Bonsignore; the ‘simply outstanding’ Matteo Montanaro; and David Singer, a regular adviser on domestic and M&A, private equity investments and venture capital transactions. Paolo RainelliGerolamo da Passano and Lorenzo Freddi complete the team.

Practice head(s):

Giuseppe Scassellati-Sforzolini; Roberto Bonsignore; Matteo Montanaro; David Singer

Other key lawyers:

Paolo Rainelli; Gerolamo da Passano; Lorenzo Freddi


‘Extremely competent, immediately responsive, and the answers to the various questions are always concrete and very useful.’

‘Their professionalism allows clients to resolve complicated issues and to achieve the goals set.’

‘Solid reputation in the market and provides high-value service in its M&A practice.’

Key clients

Peninsula Capital


Falck Renewables



Acciaierie d’Italia


Asterion Industrial Partners



Eni New Energy US Inc.



Juventus FC

Infinite Electronics

Veolia Environnement

F2i Holding Portuale

Work highlights

  • Advised Peninsula Capital on the acquisition, alongside 50/50 co-investment partner Alpha Private Equity, of equity stakes held by various sellers that represented over 50% percent of the voting rights of Prima Industrie.
  • Assisted Satispay with its Series D round, in which the scale-up attracted new investments for approximately €320m.
  • Advised Asterion Industrial Partners on the acquisition of Irideos.

Clifford Chance

Advising Italian corporations and international investors, Clifford Chance regularly acts on landmark M&A transactions. Domestic and cross-border deal practitioner, Paolo Sersale, heads up the Italy corporate M&A practice, and Umberto Penco Salvi is an expert in energy, M&A and restructuring. The team further features Claudio Cerabolini, who specialises in private equity, real estate and M&A transactions, and general corporate lawyer Francesca Casini. In 2023, private equity and M&A practitioner Filippo Isacco was promoted to partner in May, while senior of counsel and former Chiomenti partner, Enrico Giordano, is an April recruit.

Practice head(s):

Paolo Sersale

Other key lawyers:

Umberto Penco Salvi; Claudio Cerabolini; Francesca Casini; Filippo Isacco; Enrico Giordano; Elisa Ielpo


‘Very well-connected team. All the team members are responsible and accountable.’

‘High-quality legal service based on a clear understanding of clients’ needs.’

‘A responsive and pragmatic approach.’

Key clients

Angelo Gordon

Aptiv Technologies


Bending Spoons

Cassa Depositi e Prestiti




Macquarie Asset Management

Mitsui & Co


Rivean Capital



Westmont Hospitality

Work highlights

  • Advised Italian state lender Cassa Depositi e Prestiti on the plan to merge Telecom Italia’s infrastructure business with Open Fiber’s to create a single national telecoms network.
  • Advised Enel on the signing of an agreement for the sale to Greek company Public Power Corporation of all the equity investments held by Enel Group in Romania.
  • Advising the board of directors of Exprivia on a takeover offer received by Abaco Innovazione.

Gatti Pavesi Bianchi Ludovici

Gatti Pavesi Bianchi Ludovici fields a highly experienced corporate and M&A team, which is co-led at name-partner level by corporate law, financing and M&A deal specialist, Francesco Gatti, and civil and commercial law expert Carlo Pavesi. The group also showcases managing partner Stefano Valerio, who has longstanding expertise in corporate law transactions; Franco Barucci, a ‘master of strategy and negotiations’; and experienced M&A practitioner Andrea Giardino. Other names to note are private equity specialist Gianni Martoglia, Rome M&A and ECM head Barbara Napolitano and Vittorio Cavajoni. Alessandra Ghezzi left the firm in early 2024.

Practice head(s):

Francesco Gatti; Carlo Pavesi

Other key lawyers:

Stefano Valerio; Franco Barucci; Andrea Giardino; Gianni Martoglia; Barbara Napolitano; Giuseppe Toia; Federico Cenzi Venezze; Amelie Gillet; Filippo Sola; Vittorio Cavajoni; Federica Braschi


‘Best M&A practice in Italy. Super focus with partners directly involved in deals, including direct drafting.’

‘Ability to structure the best team for each transaction promptly.’

‘Has several M&A teams that are among the top performers on the market, and able to conduct whole M&A processes while providing deep insight into the legal issues involved.’

‘Takes great care of clients’ targets, with the ability to understand industry peculiarities, coupled with a deep knowledge of the Italian private law system.’

‘In addition to the preparation and professionalism, the human relationships and attention dedicated to clients are the strengths of the team.’

‘Franco Barucci is a master of strategy and negotiations, with a surprising solution in his hands each time the complexity seems to take over.’

‘Federico Cenzi Venezze is a highly trained and skilled lawyer.’

Key clients

Edizione S.r.l. (Benetton Family)

Italiana Petroli S.p.A. (Ip)

Autostrade per l’Italia S.p.A.

Compagnie Financiere Richemont SA

Assicurazioni Generali S.p.A.

Banco BPM S.p.A.

Tim S.p.A.

Nextalia SGR S.p.A.

ENI S.p.A.

Edison S.p.A.

Intesa SanPaolo S.p.A.

Italian Wine Brands S.p.A.

Engineering Ingegneria Informatica SpA

Coesia S.p.A.


A highly active Italian law firm in the mid-market M&A sector, ADVANT Nctm‘s recent deal activity includes pharmaceutical and automotive sector matters. Matteo Trapani leads the firm’s M&A and private equity department, which showcases senior partner Paolo Montironi; domestic and cross-border acquisition specialist Alberto Toffoletto; and pharmaceutical, medical, food and fashion industry expert, Pietro Zanoni. Other key advisers are corporate and commercial law practitioners Lucia Corradi and Alessia Trevisan.

Practice head(s):

Matteo Trapani

Other key lawyers:

Paolo Montironi; Alberto Toffoletto; Pietro Zanoni; Lucia Corradi; Alessia Trevisan; Natali Prodan Milic


‘NCTM is able to offer different experts, who are specialised according to the different challenges of deals.’

‘Clients appreciate the quick onboarding and the brilliant, pragmatic solutions that avoid unnecessary complexity.’

Clients like the team’s empathic characteristics, as well as the professional ones. Able to accompany clients in the best way psychologically too.

‘The ADVANT NCTM team is characterised by the efficiency with which it does its work and the flexibility of its members.’

‘Of note is the ability to find solutions that are business friendly and to provide the right support, including strategic support in deal management.’

‘The team also stands out for its ability to assist clients with negotiations and to establish excellent relationships with counterparties.’

‘A great ability to adapt to each counterparty is what distinguishes ADVANT NCTM from other law firms. Absolute attention to clients’ issues, even for smaller deals.’

‘Within the team, the following especially excel: Pietro Zanoni; Alessia Trevisan; and Natali Prodan Milic.’

Key clients

Intercable S.r.l.

Chequers Capital


Comer Industries

HWG Holdco


Aloxe Holding

Clessidra SGR

Alliance Etiquette S.a.S.

Team System S.p.A.

Work highlights

  • Advised Mediolanum Farmaceutici on the sale of an undisclosed percentage of Neopharmed Gentili.
  • Advised Intercable on the sale of 85% shares of Intercable Automotive Solutions S.r.l. to Aptiv Technologies Limited.
  • Advised Chequers Capital on the sale of Bozzetto Group, an ESG-focused provider of specialty chemicals.

Allen & Overy - Studio Legale Associato

Renowned for its multidisciplinary approach’, Allen & Overy - Studio Legale Associato acts on a range of transactions, including public and private mergers, acquisitions, disposals, joint ventures, and private equity buyouts. Giovanni Gazzaniga is a well-known domestic and cross-border M&A specialist; Paolo Nastasi acts across a range of deals, including mergers, acquisitions and joint ventures; and Antonio Ferri is ‘very much recommended’. In July 2023, former practice co-head Paolo Ghiglione departed the firm.

Practice head(s):

Giovanni Gazzaniga; Paolo Nastasi

Other key lawyers:

Antonio Ferri; Marco Biallo; Francesca Croci; Chiara De Luca


‘A&O is renowned for its multidisciplinary approach, providing legal services across various industries, including finance, corporate, real estate and energy (among others).’

‘Clients can expect a team with deep industry-specific knowledge, ensuring tailored solutions to their unique challenges.’

‘One of A&O’s unique features is its extensive global network of offices and legal professionals. With a presence in major financial and commercial centres worldwide, A&O offers clients unparalleled access to international legal expertise.’

Key clients


Enovis Corporation



One Equity Partners Europe GmbH

Sigma Alimentos

Schumacher Packaging GmbH

Aermont Capital

Business Integration Partners

Davide – Campari Milano

Hitachi Rail


Rivean Capital

The Riverside Company

Wolters Kluwer

Work highlights

  • Advised Enovis™ Corporation on the acquisition of LimaCorporate S.p.A. from EQT Private Equity.
  • Advised Borealis AG on the agreement for the acquisition of Rialti S.p.A., an Italian polypropylene compounder and recycler.
  • Advised Aermont Capital on the formation of a strategic partnership with Pellicano Hotels that will support its continued growth.

Studio Professionale Associato a Baker & McKenzie

Experienced in multi-jurisdictional M&A, Studio Professionale Associato a Baker & McKenzie is particularly focused on TMT matters. Pietro Bernasconi is an expert in corporate transactions, M&A, private equity, and real estate transactions; Raffaele Giarda advises on M&A, corporate law, telecoms, and commercial contracts; and Anna Marina De Vivostands out as an M&A adviser’. In July 2023, M&A and private equity deal specialist Paolo Ghiglione joined from Allen & Overy - Studio Legale Associato.

Practice head(s):

Pietro Bernasconi; Raffaele Giarda

Other key lawyers:

Anna Marina De Vivo; Paolo Ghiglione; Paola Colarossi; Chiara Marinozzi; Alessandra Calabrese; Antonio Lattanzio; Elisa Impalà; Federica Longo


‘A very professional team with all the expertise clients would expect of a top legal firm.’

‘Excellent and pragmatic lawyers. Client focused and responsive.’

‘Very clear and helpful in all situations, while looking to get the best position for their clients.’

Key clients



Red Circle S.r.l.

Keesing Media Group BV

Statuto Group

Khon Kaen Fishing Net Factory Co., Ltd

ClinChoice Medical Development Limited

New Mountain Capital

Work highlights

  • Assisted investor Tencent with a €320m series D investment round of Milan-based startup Satispay.
  • Advised Burberry on the acquisition of a business from a longstanding Italian supplier, Pattern.
  • Advised Red Circle S.r.l., a Renzo Rosso real estate investment company, on an investment (within a fund in partnership with Coima SGR) that relates to the redevelopment of a former industrial site on Via Lorenzini in the Porta Romana district of Milan.


CMS’ Italian team handles mid-market matters, in addition to large-value M&A mandates; and has sector expertise in energy, life sciences, healthcare, automotive, transportation, and construction. Leading the team, Pietro Cavasola has longstanding experience in corporate law, M&A, private equity, joint ventures, and international corporate contracts. Providing key support, Daniela Murer advises on corporate and commercial law, M&A, joint ventures, and restructuring, while Marco Casasole is particularly focused on cross-border issues.

Practice head(s):

Pietro Cavasola

Other key lawyers:

Daniela Murer; Marco Casasole; Matteo Ciminelli; Massimo Trentino; Dietmar Zischg; Paolo Scarduelli; Giacomo Cavasola


Proactive team, professionalism, versatility, and distinctive skills.

‘Proactive approach to projects, favourable rates, and great regulatory knowledge.’

‘Ability to support, from a legal point of view, the growth and development of new companies within their business sectors, establishing fruitful collaborations with companies operational structures, based on comprehension of company needs and the consequent identification of the proper legal advice.’

Great competence and professionalism from the people in the team, whether for M&A, commercial activities, or corporate governance management.

The availability of information provided, as well as the completeness, depth of content, and empathy of the team mark a difference from other law firms.’

‘Massimo Trentino combines unique features, namely ethical values and proximity to the client from a human, as well as a professional stance.’

‘A special mention for Daniela Murer, who is able to deliver excellent diplomacy in relation to client relationships, with a strong and extremely fruitful approach to the achievement of the best possible results.’

Giacomo Cavasola is a young but very knowledgeable partner, who delivers outstanding support during transactions.

Key clients




Dentons’ Italy practice advises on a range of corporate and commercial transactions, including cross-border M&A, corporate reorganisations and private equity. Alessandro Dubini advises industry groups, financial institutions and private equity funds on extraordinary transactions, while Pier Francesco Faggiano is experienced in private equity and M&A. Other active practitioners are Luca Pocobelli, Enrico Troianiello, Junyi Bai, Stefano Ambrosioni, and Barbara Urselli.

Practice head(s):

Alessandro Dubini; Pier Francesco Faggiano

Other key lawyers:

Luca Pocobelli; Enrico Troianiello; Junyi Bai; Stefano Ambrosioni; Barbara Urselli; Antonio Legrottaglie; Claudio Segna


Ability to present an expert in each area, making clients feel comfortable that any aspect of the subject, even potential, will be covered and analysed.’

‘They always know how to frame the situation perfectly – excellent legal knowledge combined with a good dose of practical sense.

Sensitivity and attention to problems without wasting time.’

‘Competence, humility, simplicity of communication, transparency and frankness.

A team of excellent professionals.’

‘Very competent and excellent synergies within the team.

Highly trained professionals with great experience, but the characteristic most appreciated most is the depth of the analysis carried out by Alessandro Dubini.

‘Luca Pocobelli and Antonio Legrottaglie are always available, even on short notice, and always outstandingly prepared, with a pragmatic approach that is very useful with intensive M&A planning.’

Key clients

Czechoslovak Group


Beretta Holding

Axiom Group


Motorola Solutions

NÜRNBERGER Allgemeine Versicherungs

Cerba HealthCare (formerly known as Lifebrain)



Verteq Capital


Artoni Group




DBA Group

DF Elettronica



R5 Labs

B-Flexion and Affidea Group

Rai Way S.p.A.

Gemini Holding Group

Ora Developers

Codognotto Italia S.p.A.



Work highlights

  • Advised Czechoslovak Group on the acquisition of a 70% stake in Fiocchi Munizioni.
  • Advised Saipem on its corporate reorganisation for the sale of the company’s entire onshore drilling division to KCA Deutag.
  • Advised Michelin on the acquisition of Flex Composite Group from investment firms IDI and Andera Partners.

DLA Piper

DLA Piper’s ‘unique’ Italian M&A and corporate team is aligned with the firm’s international sector expertise in real estate, energy, pharma, industrials, and aviation. The principal names are country managing partner Wolf Michael Kühne; energy M&A expert Giulio MaroncelliDino Dima, an adviser on M&A, private equity, venture capital and contract management; Fabio del Bene; who ‘finds innovative solutions’; and Danilo Surdi, an M&A and corporate finance deal specialist.

Practice head(s):

Giulio Maroncelli

Other key lawyers:

Wolf Michael Kühne; Giulio Maroncelli; Dino Dima; Fabio del Bene; Danilo Surdi; Claudio d’Agostino; Francesco Cerasi; Alessandro Piermanni; Matteo Almini; Christian Iannaccone; Gabriele Arcuri; Barbara Donato; Gianmarco Scialpi; Giovanna Anzimanni


‘They are the best – innovative, flexible on the management of the billing process, and already using all legal tech improvements.’

‘They are unique because they have, in addition to the best corporate lawyers, the best tax lawyers.’

’Great collaboration and agility.’

‘Professionalism and very proactive.’

‘Very reactive, and a group of lawyers can be made available within 24 hours.’

Perfect support for all legal issues.

Clients are always impressed by the general availability, short response times and excellent legal advice and support from Wolf Michael Kühne.’

‘Fabio del Bene is always committed and available – finds innovative solutions.’ 

Key clients

ERG S.p.A.


Terna S.p.A.

GEA Group

CBRE Limited

A2A Rinnovabili S.p.A.

EDP Energia Italia S.r.l.

Falck Renewables SpA

J.C. Flowers & Co UK LLP

Poste Italiane


Telecom Italia

TSG Southeastern Europe Holding S.r.l

Feralpi Power On S.r.l.

Pirelli & C. S.p.A.

Work highlights

  • Assisting Risanamento Group with entering into (with Lendlease group and Risanamento’s financial creditors) an agreement aimed at allowing the continuation of an urban regeneration project.
  • Assisted EDP Group with the sale to ERG Power Generation of seven companies that own wind farms.
  • Assisted Terna with the sale of 100% of Terna Group’s portfolio of power transmission assets in Brazil, Peru and Uruguay to Caisse de dépôt et placement du Québec.

Hogan Lovells International LLP

Hogan Lovells International LLP’s M&A practice in Italy advises corporate clients, financial institutions and funds on retail and e-commerce-related commercial contracts and agreements. It also assists with transformational joint ventures and strategic alliances. Renowned M&A expert Luca Picone regularly acts on major domestic and cross-border transactions, while Francesco Stella‘s sector expertise covers financial institutions, life sciences and energy. Martina Di Nicola and Pierluigi Feliciani also maintain active practices. In February 2024, experienced partner Paola Barometro was recruited from Orrick, Herrington & Sutcliffe.

Practice head(s):

Luca Picone

Other key lawyers:

Francesco Stella; Martina Di Nicola; Pierluigi Feliciani; Francesco De Michele; Martino Filippi; Andrea Foglia; Paola Barometro

Key clients

BNP Paribas

Dell Technologies

Enel Group

IBM Corporation


Prima Assicurazioni

CNP Assurances

Fressnapf Beteiligungs GmbH

Bizzi & Partners

Hyle Capital Partners SGR

21 Invest



Citelum S.A.

KLK Emmerich GmbH


ABC Ricami


Léon Vincent Group

Work highlights

  • Assisted Enel Perú with the sale of its entire equity stake held in Enel Distribución Perú and Enel X Perú to China Southern Power Grid International (HK) Co.
  • Advised CNP Assurances on an agreement with UniCredit, which related to the acquisition by CNP Assurances of UniCredit’s 49% stake in CNP Vita Assicura, and the sale of 6.5% of CNP UniCredit Vita to UniCredit.
  • Advised Gruppo Florence entrepreneurs on Permira’s agreement to acquire the entire corporate capital of Gruppo Florence.

Latham & Watkins LLP

Acting for private and public companies, financial sponsors and advisers, Latham & Watkins LLP’s Italy practice has extensive experience in both inbound and outbound Italian M&A transactions. Team head Stefano Sciolla is a specialist in M&A, private equity, joint ventures, and cross-border deals; Cataldo Piccarreta is a highly-regarded private equity practitioner; and Giovanni Sandicchi focuses primarily on contract and corporate law. Other key advisers are Giancarlo D’Ambrosio and Giorgia Lugli.

Practice head(s):

Stefano Sciolla

Other key lawyers:

Cataldo Piccarreta; Giovanni Sandicchi; Giancarlo D’Ambrosio; Giorgia Lugli

Key clients

The Carlyle Group

Bain Capital



BC Partners

TA Associates

Morgan & Stanley

Platinum Equity


Forno d’Asolo

Pai Partners

Italmatch Chemicals

Aimia Inc.

CVC Capital Partners


F.C. Internazionale

The MEDIA Central Group


Work highlights

  • Advised Digit’Ed, a digital education company that belongs to Nextalia SGR, on the acquisition of Business School24 from Palamon Capital Partners.
  • Advised Fedrigoni on its agreement with Anglo-French multinational Arjowiggins to fully take over Guarro Casas.
  • Advised Aimia Inc and Paladin Private Equity on their definitive agreement to acquire all of the issued and outstanding shares of Giovanni Bozzetto.

LCA Studio Legale

LCA Studio Legale’s M&A practice consistently advises on major deals in Italy, along with cross-border transactions. The department is notably active in the energy, infrastructure, fashion, healthcare, life sciences, manufacturing, technology, and telecoms sectors. Daniele Bonvicini and Vittorio Turinetti di Priero co-lead the group, which includes Leah Dunlop and Antonio Di Pasquale, who are late 2022 recruits from Hogan Lovells International LLP. Riccardo Sismondi was raised to equity partner in 2023. Luca Minoli was a new arrival in March 2024.

Practice head(s):

Daniele Bonvicini; Vittorio Turinetti di Priero

Other key lawyers:

Leah Dunlop; Antonio Di Pasquale; Riccardo Sismondi; Marina Rosito; Roberto de Bonis; Edoardo Calcaterra; Luca Minoli


‘In addition to excellent legal work, the team knows its clients’ businesses very well.’

‘The strength of the team is clearly the corporate/M&A practice. The firm is also flexible with billing arrangements and very competitive in pricing compared to similar firms.’

‘LCA Studio Legale is really a great practice. A complete team, with all the specialists necessary.’

‘A guarantee in terms of knowledge and the ability to provide valid opinions and useful advice. Proactivity, which means thinking for clients in advance.’

‘The standout partner is Leah Dunlop, who is technically excellent, very familiar with clients’ companies and how they work, and in general a pleasure to work with for both in-house lawyers and company executives.’

‘Daniele Bonvicini and Riccardo Sismondi are stunning lawyers who are able to bring about the positive conclusion of deals.’

Clients are impressed by the legal skills and experience of Antonio Di Pasquale.

‘Edoardo Calcaterra is a smart person, who is curious and digs into the logic of clients’ businesses so as to understand exactly how, from the legal point of view, to help clients best.’

Key clients

3B Latte S.r.l.

Acea S.p.A.

Acque Minerali d’Italia


Aviomec S.r.l.


Formula Impresoft S.p.A.


Ivory Corporation S.r.l.

Lesi S.r.l.

Marcegaglia Carbon Steel Spa

Radici Group

Trillium Flow Technology Group

Work highlights

  • Advised Massimo Polo, Enzo Frigo and Carlo Vedove on their sale of a 100% stake in Wisycom to a new vehicle wholly owned by Palladio Holding S.p.A.
  • Advised technology company Impresoft S.p.A. on €90m-worth of acquisitions, namely those of Hiteco Spa, Tech1 S.r.l., Upgrade S.r.l., and OpenCo S.r.l..
  • Advised Acea S.p.A. (and several Acea group companies) on a complex, multi-phase transaction that culminated in the group’s acquisition of up to 49% of ASM Terni S.p.A.

Linklaters Studio Legale Associato

Linklaters Studio Legale Associato’ Italy corporate team is well-known for its advice on public takeovers, cross-border and multi-jurisdictional M&A, joint ventures, and other corporate advisory matters. It is particularly active on behalf of clients from the financial institutions, private equity, real estate, infrastructure, energy, retail, luxury, and telecoms sectors. The principal figures are corporate law specialist Pietro Belloni, renowned M&A expert Roberto Casati, and Giorgio Fantacchiotti, who heads the private equity practice. Alessandra Ghezzi was a new arrival in early 2024.

Practice head(s):

Giorgio Fantacchiotti; Roberto Casati; Pietro Belloni

Other key lawyers:

Alessandra Ghezzi

Key clients

Perfetti Van Melle

Assicurazioni Generali S.p.A.

Ambienta SGR

Telemos Capital Limited

Three Hills Capital Partners

Société des Produits Nestlé S.A.

Sibelco NV

Davidson Kempner

Novo Banco, SA

CDP Venture Capital SGR S.p.A.

White & Case (Europe) LLP

White & Case (Europe) LLP’s one-stop corporate and M&A practice in Milan has Italian, New York and English law capabilities. The team’s key figures are public M&A deal expert Ferigo FoscariLeonardo Graffi, a corporate, M&A and private equity specialist; London and Milan-based Michael Immordino; and Alessandro Seganfreddo, who assists with cross- border and domestic mandates. Other names to note are Maria Cristina Storchi, an adviser to listed companies on sizeable M&A and restructuring transactions; Andrea Pretti, who ‘has an incredible work ethic’; and Caitlin Powell Gimpel and Sara Scapin.

Practice head(s):

Ferigo Foscari; Leonardo Graffi; Michael Immordino; Andrea Pretti; Alessandro Seganfreddo; Maria Cristina Storchi

Other key lawyers:

Caitlin Powell Gimpel; Sara Scapin


The team is highly skilled and effective at delivering deals with a very pragmatic approach.

They can manage complex processes in a seamless manner.

Leonardo Graffi gives the reassurance that he will find the solution.’

Leonardo Graffi figures out how to get things done in a manner that is beneficial to the client and acceptable to the other side (even with difficult issues).

Andrea Pretti has an incredible work ethic and dedication to his clients.

Key clients




Adler Pelzer

Advanz Pharma

Alha Holding







Autogrill Group

Autostrade per l’Italia


Axel Johnson

Cathay Industries


Cerved Group



Creative Artists Agency


De Agostini



DP Group


Enel X




François-Charles Oberthur


Gruppo Investimenti Portuali




I.M.A. – Industria Macchine Automatiche

International Game Technology




Libero Acquisition





Poke House




Sangalli Ambiente


SNATT Logistica

Takeda Pharmaceuticals

Tecnica Group


TIER Mobility



Vallisneri Real Estate



Work highlights

  • Advised Eni on its agreement to acquire Neptune Energy Group.
  • Advised IMA and its controlling shareholders on an investment made by BDT & MSD Partners.
  • Advised BC Partners LLP on its co-controlling investment (with Bain Capital Private Equity) in Fedrigoni.


Active in the energy, real estate and healthcare sectors, Ashurst’s Italy practice covers private equity, M&A, LBOs, asset deals, and joint ventures, along with corporate transactions and commercial law. Fabio Niccoli is particularly focused on Italy’s mid-cap market, while Carloandrea Meacci is experienced in energy, infrastructure and telecoms-related M&A.

Practice head(s):

Fabio Niccoli

Other key lawyers:

Carloandrea Meacci; Annamaria Pinzuti; Andrea Di Rosa


‘Carloandrea Meacci is reactive, available and knowledgeable.’

‘They provide clients with a strong team that delivers strong support during deal negotiations.’

‘Carloandrea Meacci stands out for his commercial skills and market understanding.’

Key clients

Anima Alternative



Babcock International Group

DeA Capital


Oquendo Capital



Work highlights

  • Advised Appian Natural Resources Fund II on joint venture agreements with Altamin (through Vedra Metals) for the development of the Gorno project, which entails exploration, drilling and subsequent mining extraction activities.
  • Advised FSI SGR S.p.A. on the signing of a binding agreement with Sterling for the creation of a partnership aimed at creating a European leader in active pharmaceutical ingredients.
  • Advised Aviva Investors on the initial purchase of a 35% stake in Innovo Renewables, an Italian company that develops, builds and operates renewable energy projects in Italy, the UK and Spain.

Bird & Bird

Key areas for Bird & Bird’s Italian corporate team are M&A, private equity, venture capital, restructuring, joint ventures, and commercial and company law. Alberto Salvadè focuses on M&A and private equity transactions, while Stefano Silvestri acts for technology, fashion, luxury, retail and consumer businesses. Edoardo Courir is another experienced practitioner.

Practice head(s):

Alberto Salvadè

Other key lawyers:

Stefano Silvestri; Edoardo Courir; Pierpaolo Mastromarini; Afra Casiraghi; Calogero Porrello; Sara Calamitosi


‘Bird and Bird is a great team of passionate lawyers.’

‘Clients enjoy working with them because they are able to understand and meet the needs of businesses easily.’

‘The team understands clients’ specific needs and issues with great knowledge and availability. It feels like working with an in-house lawyer team.’

‘Any interaction is pragmatic, smooth and straightforward, even with regard to billing.’

‘Each team member seems to be part of the in-house lawyer team, they are all very empathic and kind, always available at any time, very proactive, pragmatic, and very efficient. Some M&A deals could have never been achieved without them.’

‘An extensive knowledge of market dynamics and past evolutions, as well as a rock-solid track record of precedents. In addition to the standard legal deliverables and services, Bird & Bird’s professionals help clients with strong long-term market views.’

‘Pierpaolo Mastromarini is a strong leader and a brilliant professional. His emotional intelligence is, during M&A negotiation phases, an impressive addition to his technical skills.’

‘Calogero Porrello is a great professional. Clients like his ability to listen to others, which guarantees that company needs are properly understood.’

Key clients




BFF Banking Group

Blooming Experience

CDP Venture Capital




Flex – N – Gate

Giulio Fiocchi

Gruppo San Donato


Ospedale San Raffaele


Sunwin Energy


Usaldusfond Trind Ventures

Techstars Central LLC

Work highlights

  • Assisted Giulio Fiocchi and Charme Capital Partners SGR with the sale of a majority stake in the holding company that controls Fiocchi Munizioni.
  • Advised Ledworks S.r.l. on the sale of 60% of its share capital to DeA Capital Alternative Funds SGR S.p.A.
  • Advised an Ardian Group company on the purchase of a portfolio of photovoltaic projects.

Curtis, Mallet-Prevost, Colt & Mosle LLP

With notable strength in mid-cap transactions, Curtis, Mallet-Prevost, Colt & Mosle LLP’s Italy team is regularly mandated on complex, cross-border M&A deals. Heading up the team, Rome-based Alfonso de Marco is an experienced adviser on the acquisition, development and sale of Italian multi-asset portfolios, particularly in the real estate sector.

Practice head(s):

Alfonso Annibale de Marco

Other key lawyers:

Sergio Esposito Farber; Carmine Gravina; Manfredi De Vita; Daniela Della Rosa; Giovanni Sagramoso; Paolo Cocchini


‘The team is fast and pragmatic, and the billing as well as the rules for the engagement are clear and respected at all stages of the operation.’

‘Carmine Gravina has unique skills during the negotiation and drafting of contracts, creating a real empathy with clients and their needs.’

‘Giovanni Sagramoso – high level of competence, experience and flexibility.’

Key clients

Leonardo S.p.A.

CDP Venture Capital SGR S.p.A.

Engineering Ingegneria Informatica S.p.A.

North Sails Apparel S.p.A.

Itelyum Regeneration S.p.A.

Tirelli S.r.l.

Area Studio LLC

Luxury Federated Warehouse S.r.l.

Ikonic S.r.l.

Tivoli Group S.p.A.

Chalhoub Group


Smit Draad B.V.

ECBF – European Circular Bioeconomy Fund

Work highlights

  • Advised on the all-stock merger between Leonardo DRS Inc and RADA Electronic Industries to become a combined public company.
  • Assisted DRS International with an auction sale of DRS International’s wholly-owned subsidiary, Global Enterprise Solutions, to SES Government Solutions.
  • Advised Itelyum Regeneration on the acquisition of a majority stake in Ecowatt Vidardo, which operates a waste-to-energy electricity plant treating non-hazardous and non-recyclable special waste and biomass.

FIVELEX Studio Legale e Tributario

FIVELEX Studio Legale e Tributario’s Milan team fields experts in M&A transactions, particularly in relation to industrial and commercial mid-cap companies. The principal figures are ‘excellent lawyer’ Alfredo Craca; extraordinary transaction specialist Francesco Di Carlo; and Claudio Tatozzi, who focuses on corporate law, financial market legislation and bankruptcy law.

Practice head(s):

Alfredo Craca; Francesco Di Carlo; Claudio Tatozzi

Other key lawyers:

Carlo Sbocchelli; Flavio Acerbi; Lea Lidia Lavitola


Their exceptional ability to propose intriguing transactions consistently sets the stage for positive outcomes in the field of M&A. Each experience is nothing short of outstanding.

Their ability to identify and propose unique and compelling M&A opportunities has been instrumental in clients’ growth and success.

What truly distinguishes them is their knack for identifying synergistic opportunities that others might overlook. They possess an impressive ability to see the bigger picture, spotting connections and potential synergies that result in mutually beneficial transactions.

Their creative approach to M&A not only expands clients’ business portfolios, but also adds significant value to clients’ bottom lines.

‘Francesco Di Carlo consistently goes above and beyond to ensure that deals come to fruition with positive outcomes.’

‘Francesco Di Carlo’s strategic planning, attention to detail and meticulous execution play a pivotal role in M&A successes. He always takes the time to understand clients’ objectives, tailor their proposals accordingly, and provide invaluable guidance throughout the entire process.’

Working with Francesco Di Carlo is not just a business transaction, it is a partnership built on trust and collaboration; and his team’s professionalism, dedication and commitment to achieving favourable results for their clients are truly commendable.

‘Alfredo Craca is an excellent lawyer – capable of anticipating issues while keeping a cool head in complex situations.’

Key clients

Assicurazioni Generali Group

Elliott Advisors (UK) Limited

A. C. Milan S.p.A.

Tamburi Investment Partners S.p.A.

Eataly S.p.A. and Eataly Real Estate S.r.l.

Banca Generali Group

Beyond Investment S.p.A.

Samhita S.r.l.

Angel Capital Management S.p.A.

Asset Italia S.p.A.

Tip-Pre IPO S.p.A.

Azimut Libera Impresa SGR

Venchi S.p.A.

Webuild S.p.A.

Virgin Fibra s.r.l.

Work highlights

  • Assisted Rossoneri Sport Investment Luxembourg (indirectly controlled by the Elliott Funds) with the sale of approximately 99.93% of the share capital of A. C. Milan.
  • Assisted Generali Investments Holding with a project aimed at creating a market-leading fund manager focused on sustainable infrastructure investments.
  • Assisting the shareholders of Eataly, in relation to the entry of an investment company of Investindustrial VII L.P.

Giovannelli e Associati Studio Legale

Experienced in cross-border transactions, Giovannelli e Associati Studio Legale’s Milan group fields sector experts in energy, food, healthcare, logistics, media, Pharma, and IT. Alessandro Giovannelli is a corporate law specialist; Fabrizio Scaparro advises on cross-border deals that frequently involve the US; and Matteo Delucchi is ‘smart and really knowledgeable’. In December 2023, Pasquale Marini joined as partner from K&L Gates and Francesco Peruffo was a new arrival from the same firm in early 2024.

Practice head(s):

Alessandro Giovannelli

Other key lawyers:

Fabrizio Scaparro; Matteo Delucchi; Pasquale Marini; Matteo Colombari; Gianvittorio Giroletti Angeli; Alessandra Pieretti; Nicoletta Carapella; Francesco Peruffo; Pasquale Marini


Fully achieves the expected results.’

‘Clients are very impressed by the professional team and expertise during all phases of deals.’

‘Complete commitment towards clients.’

‘Matteo Delucchi is smart and really knowledgeable. Significantly different from other lawyers.’

‘Alessandra Pieretti is greatly appreciated for her deep knowledge, competence, transparency, efficiency, accuracy, and attention to detail.’

Key clients


Argos Wityu

Azimut Libera Impresa SGR S.p.A.

Blacksheep MedTech Fund

Cargotec Corporation

CDP Venture Capital SGR S.p.A.

Celli Group

Creafund nv

DeA Capital

Dedalus Group

F2i SGR S.p.A.

Gruppo Illy


Lineage Logistics


Mediobanca S.p.A.

Melrose Industries

Mindful Capital Partner

Neopharmed Gentili

Neuberger Bergman

Riello Investimenti Partners SGR

Space Capital Club

White Bridge Investments

Xenon Private Equity

360 Capital Partners

Work highlights

  • Advised Argos Wityu on the acquisition of a majority stake in SB Italia.
  • Advised Ardian on its reinvestment (together with NB Renaissance) in the share capital of Neopharmed Gentili.
  • Advised White Bridge Investments III and Nebula Aurea BidCo on the voluntary all-inclusive offer on shares and warrants of Reevo S.p.A.

Greenberg Traurig Santa Maria

Greenberg Traurig Santa Maria’s multidisciplinary commercial, corporate and M&A practice covers a range of corporate services, including public and private M&A, private equity transactions, and corporate governance. Co-heading the team, Luigi Santa Maria routinely acts for industrial groups, financial institutions and private equity investors; and Mario Santa Maria has significant experience in cross-border transactions, including M&A and joint venture work. Other key names are Pietro Caliceti and Carlo Scaglioni.

Practice head(s):

Luigi Santa Maria; Mario Santa Maria

Other key lawyers:

Pietro Caliceti; Carlo Scaglioni; Francesca Torricelli; Bruno Cova; Alessandra Boffa; Luigi Iovino; Juljan Puna


‘The team offers competence and preparation, broad-spectrum solutions, and answers that are as complete as possible and not limited to legal aspects alone.’

‘The team has a multi-perspective and interdisciplinary approach that is capable of offering an overall vision. Solid knowledge of its clients, which it utilises in a good way so as to optimise the timing and costs allocated to projects.’

‘The availability of the professionals involved is very high and beyond expectation.’

‘The strength of the team is its ability to provide tailored advice to clients, with great expertise in the financial sector and a cost-conscious approach (exceptional value for the work done).’

‘Mario Santa Maria has the ability to understand problems immediately and find solutions.’

‘Alessandra Boffa deserves specific mention. She is an extremely competent lawyer, who is very reliable and has a proactive, solutions-oriented approach. She moves very quickly when needed, with the ability to think of different solutions for legal and business problems.’

‘Juljan Puna has a serious and responsible approach. He listens to the client carefully, and addresses problems in depth with the right emotional detachment and desire to solve it in the best possible way.’

‘Juljan Puna is characterised by a strong aptitude for clarity in both his spoken and written language. Always pays particular attention to how to communicate with management and interacts professionally.’

Key clients

Stellex Capital Holdings Luxembourg Sarl

Frafin Srl

Sind Srl

Davidson Kempner European Partners

Neva Sgr (Banca Intesa)

Villa D’Este

Fontana Group

SPA Società Prodotti Antibiotici

Klaris SA

Affide S.p.A.



Bracco Group

Andritz Group

Trico Italy S.r.l.

First Brands Corporation

Eni S.p.A.

Work highlights

  • Assisted Affide with the acquisition of the business unit associated with the pawnbroking activities of Banca Carige and Banca del Monte di Lucca.
  • Assisted Neva SGR, the venture capital arm of the Intesa SanPaolo group, with the acquisition (on behalf of the Neva First Fund) of an equity investment in Classiq, an Israeli company with a US subsidiary.
  • Advised an ad hoc group of creditors, comprising Carlyle Global Credit Investment Management, Man GLG and Stellex Capital Holdings Luxembourg on a share deal concerning the ongoing refinancing of the existing indebtedness of Officine Maccaferri.

Grimaldi Alliance

Grimaldi Alliance consistently advises national and international clients on extraordinary transactions. The team’s expertise covers mergers, demergers, share and asset acquisitions, and companies’ group reorganisations. Managing partner Francesco Sciaudone is an energy, transport and infrastructure sector specialist, and Giancarlo Luglinistands out for his expertise in solar PV-related corporate M&A’.

Practice head(s):

Francesco Sciaudone

Other key lawyers:

Giancarlo Luglini; Giovanni Bocciardo; Annalisa Pescatori; Adriano Pala Ciurlo; Paolo Daviddi; Marco Franzini; Elena Sacco; Davide D’Angelo; Leonida Cagli; Simone Riccioni


‘The group is highly professional, trained and interdisciplinary.’

‘Its people are distinguished by their training and professionalism.’

‘Very knowledgeable corporate M&A team.’

‘Provides for a multidisciplinary, integrated approach.’ 

‘Giancarlo Luglini stands out for his expertise in solar PV-related corporate M&A – good insight into the usual market practices and associated risks. He is very hands-on.’

‘Great availability and strong knowledge of the M&A and energy market.’

Key clients

Enel S.p.A.

Deghi S.p.A.

DFV S.r.l.

EOS Investment Management

Acquedotto Pugliese (AQP) S.p.A.

Aeroporti di Puglia S.p.A.

Boré S.r.l.

Tesi Aerospace s.r.l.

3 Marys Entertaiment s.r.l.

CDP Venture Capital – Fondo Boost Innovation

CDP Venture Capital – Fondo Evoluzione

Avio S.p.A.


Innovative – RFK S.p.A.

Aegis S.r.l.

Arkios Italy s.p.A.

PLC s.p.a.

Molinari Agostinelli

Molinari Agostinelli advises on the acquisition and divestiture of businesses, along with mergers and reorganisations. Ugo Molinari, who advises banks and Italian corporations on M&A, co-heads the group with Marinella Ciaccio and Margherita Santoiemma. Other advisers are M&A and insurance expert Nicolò Juvara, and corporate transaction specialist Alessandro De Botton.

Practice head(s):

Ugo Molinari; Marinella Ciaccio; Margherita Santoiemma

Other key lawyers:

Nicolò Juvara; Alessandro De Botton; Marco Laviano; Ciro Di Palma; Andrea Cecchi


‘Highly competent and client oriented.’

‘Very strong M&A team, providing out-of-the-box thinking and leveraging on vast industry experience.’

‘Molinari Agostinelli is unique in its approach to M&A.’

‘They are so competent and highly skilled that they perfectly master all the key legal aspects of transactions, also with stunning patience and perseverance.’

‘The corporate and M&A team is bonded by professionalism and great management.’

‘All the M&A lawyers share the same approach towards the file – deep legal knowledge, thoroughness and responsiveness. The partners are really hands on and available, know the file, and intervene at the right moment when the transaction needs a push forward.’

‘Ciro Di Palma is extremely knowledgeable and always available.’

‘Ciro Di Palma always has valuable insights on deals, is very proactive, and handles tight timelines perfectly. He really is the partner to rely on during transactions.’

Key clients

DeA Capital Alternative Funds


Alto Partners SGR


J Hirsch

Lario Plast

JC Flowers

Gruppo Saviola

Assicurazioni Generali

Barbieri & Tarozzi

Itaca Equity Holding

Compass Banca

Cattolica Assicurazioni

Banco di Desio e della Brianza

Oxy Capital

Coima SGR

Seta Holding

Aquila Capital


Work highlights

  • Advised Banco Desio on the sale of its merchant acquiring business to Wordline.
  • Advised Seta Holding SA on the acquisition of 85% of Sebino S.p.A.
  • Advised Compass Banca on the acquisition of 19.5% of Swiss company HeidiPay and 100% of Italian company Soisy.

Norton Rose Fulbright

Advising on multi-jurisdictional M&A, Norton Rose Fulbright’s Milan team is active in insurance, financial services, energy, and infrastructure transactions. Salvatore Iannitti specialises in insurance and financial services-related corporate matters, M&A deals and regulatory issues; and Tiziana Del Prete advises companies and private equity funds on corporate and M&A work.

Practice head(s):

Salvatore Iannitti

Other key lawyers:

Tiziana Del Prete; Claudio Di Falco; Fabrizio Zecca; Maria Beatrice Gilesi


‘The team works very well together and all areas are covered when needed.’

‘Claudio Di Falco provides confidence to clients and tries to fit the work with the clients’ ideas.’

‘Salvatore Iannitti has an almost unique quality due to his commercial ability and the way he addresses business needs.’

Key clients

Covéa Group

PE Industrial

Gestipark San Raffaele S.r.l.

Expo Inox S.p.A.

Metrika Tech Fund

PIB Group (APAX/Carlyle)

Conning Holdings Limited

4D Global

Four Seasons Hotel and Resorts

Work highlights

  • Advised Mapfre Asistencia, Compañia Internacional de Seguros y Reaseguros on a joint venture agreement with Vittoria Assicurazioni to provide non-insurance services to the Italian market.
  • Advised Trane Technologies on the acquisition of MTA, an Italian-based manufacturer and distributor of sustainable solutions for industrial process cooling, air conditioning and air treatment.
  • Aadvised Conning Holdings (and its shareholder Cathay Life Insurance Co) on the Italian corporate and regulatory aspects of Conning’s acquisition by Generali Investment Holdings.

Orrick, Herrington & Sutcliffe

Orrick, Herrington & Sutcliffe’s Italian practice advises on a range of M&A, and commercial and corporate matters. The team also comprises sector experts in healthcare, life sciences, technology, energy, infrastructure, banking, financial services, and food. Attilio Mazzilli advises high-growth technology companies and venture capital firms on M&A; and Guido Testa is ‘exceptionally well prepared’. Former senior partner of the firm’s Italian offices, Alessandro De Nicola, along with Paola Barometro and Marco Mancino, departed in February 2024.

Other key lawyers:

Attilio Mazzilli; Guido Testa; Livia Maria Pedroni


‘A team with extensive experience in extraordinary operations (M&A) – delivers a high-quality finished product.’

‘Very quick in resolving clients’ problems.’

‘Competence and ability to evaluate situations from all points of view, and then reach an effective synthesis so as to implement well-calibrated, thoughtful, truly-effective, and well-structured strategies.’

‘Competent and helpful people, who are always able to respond promptly and precisely, motivating each proposal/suggestion in an analytical and detailed way.’

‘The empathy with which they present themselves is important to help clients better share problems and doubts that need clarification.’

‘Excellent professionalism – a team that is always available.’

‘Guido Testa is exceptionally well prepared and knows how to guide clients towards the best choice.’

‘Guido Testa has an exceptional ability at handling negotiations with very tough counterparts.’

Key clients



Allianz Group

Bianalisi S.p.A.

Cerba Healthcare Italia

Compagnia Energetica Italiana

Iren S.p.A.


Ethica Global Investments S.p.A.

HAT Orizzonte SGR S.p.A.

Healthware Group S.r.l.




Seer Capital Management LP


LBO France

Gemme Italian Producers Srl

Pancreta Bank


San Raffaele Group


MC2 Saint Barth

Work highlights

  • Advised ShopFully on its merger with Media Central Group, a Germany-based company that is an operator of a media agency.
  • Advised the San Raffaele Group on the sale of a stake in Università Telematica San Raffaele Roma to Multiversity, a group that is active in the e-learning and digital training sector.
  • Advised Medea, a distributor and seller of natural gas, on its acquisition of 49% of Energie Rete Gas.

Orsingher Ortu – Avvocati Associati

Orsingher Ortu – Avvocati Associati’s corporate department focuses on private and public M&A, joint ventures, private equity, corporate finance, and corporate reorganisations. The team is led by corporate and commercial law expert Mario OrtuPierfrancesco Giustiniani is ‘an excellent lawyer’; and Nicola Barra Caracciolo specialises in domestic and multi-jurisdictional transactions.

Practice head(s):

Mario Ortu

Other key lawyers:

Pierfrancesco Giustiniani; Nicola Barra Caracciolo; Francesca Flego; Federico Bonetti; Pietro Masi; Melania Cantore


Very professional, skilled, efficient, and always ready to be of exceptional support for clients.

All members of the team are excellent in law and ready to understand and satisfy the needs of clients.

Pierfrancesco Giustiniani is an excellent lawyer, who is ready to resolve any possible problem.

Pierfrancesco Giustiniani is very skilled, with great organisation capabilities, and prompt to face any difficulty.

Key clients


Antares Vision S.p.A.

BBS Automation Gmbh

Deutsche Bank

Edison S.p.A.

Nine Trees Group

Hewlett Packard Enterprise – HP Inc.

Morellato S.p.A.

Prysmian S.p.A.

Black Diamond Capital Management

Uteco Converting S.p.A.

Giorgio Armani S.p.A.

Be Shaping the future s.p.a.

Alna Trading Limited


Slitti Experience

Work highlights

  • Advised Tamburi Investment Partners, Stefano Achermann and Carlo Achermann on the sale of Be Shaping the future to Engineering Ingegneria Informatica.
  • Advised Alna Trading on the sale of the majority of collectible car designer Zagato.
  • Advised Nine Trees Group on the sale to Bain Capital Private Equity of its entire shareholding in FIS – Fabbrica Italiana Sintetici S.p.A.

Osborne Clarke

Osborne Clarke’s Italy team is highly experienced in mid-market public and private M&A transactions. The group is co-led by Giuliano Lanzavecchia, an expert in big-ticket M&A and private equity deals; and Riccardo Roversi, who advises on corporate and commercial law matters, but is particularly experienced in renewable energy transactions.

Practice head(s):

Giuliano Lanzavecchia; Riccardo Roversi

Other key lawyers:

Giovanni Penzo; Filippo Palmieri; Alessandro Villa; Chiara Carioti; Alberto Passera; Antonio Maria Sessa


Demonstrates high-levels of professionalism and skills, both in relation to business and the legal aspects of operations.’

‘A really creative and innovative approach.’

‘A team that adds value to negotiations.’

‘Technically very capable.’

Its main strengths are the ability to handle specific requests from clients and adapt to the specifics of the targets.

Quick and efficient at mobilising additional resources when needed.

‘Strong interpersonal relationships, ability to adapt, and timely.’

Riccardo Roversi and Alberto Passera provide continuous and efficient support.

Key clients

Autotorino S.p.A.

Acque Bresciane S.r.l. SB

Barry Wehmiller Group

BrianzAcque S.r.l.

CleverTech S.p.A.

Conceria Pasubio S.p.A.


Georg Fisher Group

Grifols Italia S.p.A.

Huntsman Corporation

Itelyum Regeneration S.p.A. S.p.A.

NHOA Energy S.r.l.

Officine Ambrogio Melesi & C S.r.l.

Progema Engineering S.r.l.


Treatwell Group

Real Web

Real Web Ventures Ltd.

Swiss Life Asset Management AG

Yinson Renewables

Work highlights

  • Advising Italian automotive retail group Autotorino on the competitive acquisition of the entire share capital of Mercedes-Benz Roma.
  • Advised Swiss Life Asset Managers on its €84m acquisition of a majority stake in Powy.
  • Advised Huntsman Corporation on the sale of its textile effects division.

Pavia e Ansaldo

Recent highlights for Pavia e Ansaldo include inbound work for a Japanese multinational, as well as M&A transactions for major Italian companies in the luxury, heavy industry, food, and automotive sectors. The names to note are managing partner Stefano Bianchi and Meritxell Roca Ortega, who works between Milan and Barcelona.

Practice head(s):

Stefano Bianchi; Meritxell Roca Ortega

Other key lawyers:

Vittorio Loi; Daniele Carminati; Giuseppe Besozzi; Paola Carlotti; Anna Saraceno; Alberto Bianco


‘They are precise, accurate, fast, and represent value for money.’

Key clients

H.I.G. Europe

Mandarin Capital Partners (now Mindful Capital Partners)

Fomas Group

Surfaces Technological Abrasives S.p.A.

Saica SA


MTS Globe

Cristallina Holding SpA

Asahi Intecc

Stirling Square Capital Partners

Elecnor SA


Planet Smart City

Canepa SpA

GPI S.p.A.

Threestones Capital Management

DeA Capital Alternative Funds

Xenon Private Equity

Customs Support Group B.V.

TuLotero App Sl

Work highlights

  • Advised Xenon Private Equity on the sale to San Quirico S.p.A. of 75% of MinervaHub.
  • Advised GPI S.p.A. on the signing of an investment agreement with Cassa Depositi e Prestiti Equity S.p.A.
  • Advised Saica S.A. on the acquisition of a 20% stake in Cartorobica S.p.A. and Adda Ondulati S.p.A.

Simmons & Simmons

Simmons & Simmons’ practice is well known for private equity deals. It is co-headed by private equity and M&A specialist Andrea Accornero; M&A and real estate expert Dario SpinellaEdoardo Tedeschi, who specialises in TMT and digital business; experienced corporate law practitioner Marco Muratore; and real estate deal adviser Emanuela Molinaro.

Practice head(s):

Andrea Accornero; Dario Spinella; Laura Fiordelisi; Edoardo Tedeschi; Marco Muratore; Emanuela Molinaro

Other key lawyers:

Laura Fiordelisi; Ariel Nachman; Moira Gamba

Key clients

Toshiba Corporation

Wise Equity SGR S.p.A.

B. Braun Milano

EOS Corrugated Group

Esprinet S.p.A.

21 Invest

Tadiran Group

Unifrutti Group

China Telecom Europe Ltd

2M Group

Dompè S.p.A.

Charterhouse Capital Partners

Sanpellegrino S.p.A.

Gangtai Italia

S.T. Corporation

Omega Fusibili S.p.A.

Trime S.p.A.

Fimap S.p.A.


AGSM Aim S.p.A.

Gecofin S.p.A.

Geico S.p.A.

Demiray Home Furnishing Co., Ltd.

Balt France SA


Riello Investimenti Partners SGR S.p.A.

Emotion Capital Holdings S.àr.l

Apogee Global Limited

Information Development and Automation

Fratelli Visconti S.a.p.A.


Studio Legale Cappelli RCCD

Studio Legale Cappelli RCCD’s corporate and M&A department covers acquisitions, joint ventures, investments, business sales, mergers, and spin-offs. The team also advises on M&A-related restructuring and real estate. Name partner Roberto Cappelli is a highly-regarded corporate and M&A expert, while Stefania Lo Curto focuses on corporate and commercial law.

Practice head(s):

Roberto Cappelli

Other key lawyers:

Stefania Lo Curto; Guido Masini; Nicola Caielli; Alessandro Antoniozzi


‘The practice is made up of very competent, expert and pragmatic people. Moreover they always have a very pleasant attitude, which allows the development of very good client-practice relationships.’

‘Ability to understand the client’s needs and points of view. This is also proven by the ability to describe complex legal concepts in a language that is easily understandable by non-legal professionals.’

‘The team is focused, experienced, and characterised by an outstandingly responsive attitude.’

Key clients

A2A Energia S.p.A.

AMCO – Asset Management Company

Azimut Holding S.p.A.

Ariadne Sicaf S.p.A.

Astaldi S.p.A.

Arec S.p.A.

Banca Piccolo Credito Valtellinese S.p.A.

Borio Mangiarotti S.p.A.

CA Animation SA

Capaccioli S.r.l.

Cassa Depositi e Prestiti S.p.A.

Cinecittà S.p.A.

Credit Agricole Italia S.p.A.

Deva Capital Servicer Company S.L.U.

ENI S.p.A.

Epico S.r.l.

Eurnova S.p.A.

Evoluzione S.r.l.

Fincantieri S.p.A.

Guber Banca S.p.A.

Health Holding Company S.r.l.

Hope SICAF S.B. S.p.A.

ICA Industria Chimica Adriatica S.p.A.

Il Sole 24 Ore S.p.A.

Illimity Bank S.p.A.

Intrum Italy S.p.A.

Impreme S.p.A.


ITA Airways

Leonardo S.p.A.

Magnaghi Aeronautica S.p.A.

Marcegaglia Group

Mediobanca S.p.A.

Mediocredito Centrale

Mindful Capital Partners

Nextalia SGR S.p.A.

Olivetti S.p.A.

OVS S.p.A.

Poste Italiane S.p.A.

Reworld Media S.A.

Spezia Calcio S.r.l.

TIM S.p.A.

UniCredit S.p.A.

Work highlights

  • Advised both UniCredit S.p.A. and Azimut Holding S.p.A. on an asset management-related commercial joint venture.
  • Advised Marcegaglia Group on the acquisition from Outokumpu Group of several steel production plants located in the UK, US and Sweden.
  • Advised Poste Italiane on the acquisition of Lis Holding from IGT Lottery.

Carnelutti Law Firm

Carnelutti Law Firm is routinely sought out by large Italian and global clients from the fashion, healthcare, energy, education, media, manufacturing, and food and beverage sectors. The practice is jointly led by M&A and finance deal specialist, Luca Arnaboldi, and Carlo Pappalettera, whose clients include private equity and investment funds.

Practice head(s):

Luca Arnaboldi; Carlo Pappalettera

Other key lawyers:

Valentina Zanelli; Filippo Grillo; Alessandro Asti


‘A professional team with high-level skills, business oriented, and very committed.’

‘Dealmakers who are pragmatic.’

‘Valentina Zanelli is able to address tricky and sensitive situations – always available and constructive.’

Key clients

Kedrion Biopharma

IM Biofuel Italy Srl Masolo Continental

Metro Italia Cash & Carry

VUS (Valle Umbria Servizi)


Genesi Holding

CDP Equity


Illimity Bank


Royal Unibrew

Work highlights

  • Advised CDP Equity on the sale of a 40% stake in QuattroR SGR.
  • Advised Genesi Holding Srl on the sale of a 100% stake in Area Brokers Industria.

De Berti Jacchia Franchini Forlani

De Berti Jacchia Franchini Forlani has longstanding experience in domestic and international M&A, as well as de-mergers, spin-offs, restructurings, and joint ventures. The key figures are Cristina FussiMarco Frazzica, Gianni Forlani, Barbara Calza and Giuseppe Cristiano, along with Andrew Paton, Claudio Corba Colombo, Armando Ambrosio and Paolo Barbanti Silva.

Practice head(s):

Gianni Forlani; Barbara Calza; Cristina Fussi; Giuseppe Cristiano; Marco Frazzica; Andrew Paton; Claudio Corba Colombo; Armando Ambrosio; Paolo Barbanti Silva


‘Very good mid-market commercial law firm – full service.’

‘They are very responsive and their lawyers are of a very high quality. Very good spoken English too.’

‘Cristina Fussi is hard-working and very commercially focused. A pleasure to deal with and very collaborative.’

Key clients

Ab Volvo Group



Asko INC

Axflow Group



Baralan International


Dai Nippon Printing


Diesel SPA

Franke Group

Gruppo Effy



Marubeni Europe

Mitsubishi Chemical Advanced Materials

Paspaley Pearls Group


Rich Products Corporation

Sandvik Group

Sterigenics InternationalSystemair AB

Tdv Industries

Telia Carrier Italy

Vix Group

Work highlights

  • Assisted Mitsubishi Chemical Advanced Materials AG and MCAM Srl, which are part of the Mitsubishi Chemical Corporation Group (MCC), with implementing the decision to develop the MCC European carbon fibre sheet moulding compound production facility in Modena.

Studio Legale Delfino e Associati Willkie Farr & Gallagher LLP

Studio Legale Delfino e Associati Willkie Farr & Gallagher LLP‘s department is sought out by foreign investors for high-stakes acquisitions in Italy. Maurizio Delfino focuses on M&A involving listed and unlisted companies, including distressed matters, joint ventures and partnerships; and Massimo Chiais advises on M&A, private equity and corporate law.

Practice head(s):

Maurizio Delfino

Other key lawyers:

Massimo Chiais; Luca Leonardi; Massimo Palombi


The team has a remarkable set of capabilities. Deep know-how in a wide range of legal fields (M&A, contracts, torts, taxation, litigation, etc.).’

‘Strong sense of partnership with clients.’

‘The team makes clients feel properly assisted at any time during the service.’

Satisfied with the efforts made by the firm in order to stay on top of what’s currently going on in terms of digital and technological innovation.’

‘Great professional skills from Maurizio Delfino.’

Key clients

Western Union

Ceva Logistics

Unicredit SpA

Atlas Holdings

Pai Partners


Aveleos SA

Jaguar Health Inc.

Citiscoot SAS

Molteni Farma


Whitebridge Pet Brands

Kaleyra Inc

Davidson Kempner

Octo Telematics

Paglieri SpA


Copernico S.r.l.

IWG Group

Real Estate Asset Management SGR S.p.A.

Bobst Group SA

Richemont Group

Experimental Group

Poliform S.p.A.

ITT Inc.

Work highlights

  • Advised Tennine AG and Octo Group SpA on the acquisition of control of Octo (jointly with Pamplona).
  • Advised Davidson Kempner on the acquisition of Eviva.
  • Assisted NXMH and Whitebridge Pet Brands with the acquisition of Agras Delic.

Deloitte Legal Italy -Società tra Avvocati a r.l.

Leveraging the Deloitte network, Deloitte Legal Italy -Società tra Avvocati a r.l.’s M&A department focuses on the food, automotive, healthcare, renewables, real estate, and fashion and luxury sectors. Giorgio Mariani heads up the corporate and M&A group from Milan, while Massimo Zamorani leads the Padova, Bologna and Florence offices.

Practice head(s):

Giorgio Mariani; Massimo Zamorani

Other key lawyers:

Carlo Gagliardi; Francesco Brunelli; Andrea Sciortino; Ubaldo Messia; Stefano Cirino Pomicino; Alessandro Ronchini; Giuseppe Francesco Mirarchi; Federico Loizzo


‘Points of strength – availability, competence and flexibility.’

‘Competence, skills, great professionalism, and solid advisers.’

‘Wide-ranging, multi-specialty team.’

A team with very good expertise, and a strong, pragmatic and client-oriented approach.

A law firm with many experienced professionals and a strong desire to innovate in a timely manner with high-quality output.

Alessandro Ronchini is a very good and serious professional with consolidated expertise in corporate, commercial and M&A transactions.

‘Giuseppe Francesco Mirarchi – great knowledge and strategic awareness.’

‘Giuseppe Francesco Mirarchi has a pragmatic approach, and is excellent during discussions and negotiations.’

Key clients

Selettra S.p.A.

Alps Blockchain S.p.A.

Orsero S.p.A.

Gefran S.p.A.

Icap-Sira Chemicals

Polymers S.p.A.

Alpine Electronics Inc.

Autostrade per l’Italia S.p.A. (ASPI)

Piam Farmaceutici S.p.A.

Give Back Beauty Group

Wind Tre S.p.A.

Bula Technologie S.A.

IDB Holding S.p.A.

Multidata S.r.l.

MCM Madar Costruzioni Meccaniche S.r.l.


Fiere di Parma S.p.A.

Next Holding S.p.A.

Eversheds Sutherland Associazione Professionale

Experienced in commercial law, restructuring and private equity, Eversheds Sutherland Associazione Professionale’s Italian offices are notably active in the food, industrial engineering, pharma, renewable energy, and oil and gas sectors. Former team head Riccardo Bianchini Riccardi  retired in early 2023, leaving the group co-led by Giuseppe Celli and Guido Galeotti.

Practice head(s):

Giuseppe Celli; Guido Galeotti

Other key lawyers:

Giulia Bramanti; Alessandro Vischi; Gabriele Pignatti Morano; Tommaso Aggio; Leonardo Schirano; Alfredo Catapano


‘The team has an ethical, processional and high-level approach to any question submitted.’

‘The team is always timely in its responses, offering precious advice during intense M&A negotiations. The results are very satisfactory.’

‘Giulia Bramanti does a great job.’

‘Tommaso Aggio’s M&A work is highly commended.’

Key clients

Experian Europe D.A.C.

Itago SGR S.p.A.

Busy Bees

Compagnia dei Caraibi Società Benefit



Therminon Systems B.V.

Al Dahra Europe

Merlin Entertainment


Work highlights

  • Assisted Experian Group with both a complex global reorganisation and the acquisition of Experian Holding Italia.
  • Assisted Itago with a complex LBO deal, covering all corporate, financing, labour, and golden power notification aspects.
  • Assisted, alongside the firm’s Germany office, Compagnia dei Caraibi with the acquisition of German premium gin producer. Elephant Gin.

K&L Gates

K&L Gates’ corporate and M&A practice in Milan acts for major corporate clients and private equity firms on acquisitions, divestitures and corporate restructurings. Giampaolo Salsi routinely advises clients from the manufacturing, service and financial sectors, while Arturo Meglio advises on corporate matters. Pasquale Marini departed the firm in December 2023.

Practice head(s):

Giampaolo Salsi

Other key lawyers:

Arturo Meglio; Paolo Rusconi; Bruno Vascellari


‘The team shows the ability to understand clients’ needs end objectives.’

‘Always keeps deadlines, quickly responding to emergencies.’

‘Giampaolo Salsi generates great value during M&A deals, both in Italy and abroad.’

‘Giampaolo Salsi’s knowledge, coupled with his ability to understand clients’ objectives, allows clients to align their interests in different situations.’

‘Clients greatly appreciate Giampaolo Salsi’s manner and attention to human factors when dealing with different parties involved. His way of managing his team is particularly modern and positive when compared with other firms.’

‘A great international network that is available.’

‘The people are open minded and very helpful, with the ability to extend the analysis to aspects outside of legal issues.’

‘Target-oriented and particularly efficient people.’

Key clients

Fiocchi Munizioni S.p.A.

Vitesco Technologies Group AG

Slim Fusina Rolling S.r.l.

Securitas AB

Sinch AB


Lisari S.r.l. (Karaoke One)

Zero Impack

Motor K Group

Arnold & Richter Cine Technik GmbH & Co. Betriebs KG

VINCI Energies Italia S.r.l.

Work highlights

  • Advised Vitesco Technologies on the sale of the entire quota capital of the Italian branch to Punch Torino S.p.A.
  • Advised Quantum Capital Partners GmbH on the sale of Slim Aluminium S.p.A. to Dingsheng Group.


LMCR’s corporate and commercial team advises investment funds and businesses on investment transactions involving majority and minority stakes, both at early stages and during LBO and buy-in transactions. The group is co-led by Massimo La Torre, ‘a dedicated advocate for clients’, and M&A and corporate finance expert Roberto Rio.

Practice head(s):

Massimo La Torre; Roberto Rio

Other key lawyers:

Angelo Romano; Elmar Zwick


Proactiveness and competence are two key attributes that are highly valued in the lawyers at LMCR.

Massimo La Torre is a very capable lawyer who is not only a legal expert but also a dedicated advocate for clients.

Massimo La Torre possesses the qualities and skills needed to navigate the complexities of the legal system and achieve successful outcomes.

Key clients

Royal Caribbean

Rimorchiatori Mediterranei

Doppel Farmaceutici

Passione Unghie

Nidec Corporation

Ladurner Group

Axpo Italia

Madi Ventura

Credem Bank

Alete Bikes



Tesy Software

United Petfood



Nunziante Magrone

Nunziante Magrone routinely acts for industrial, commercial and financial clients on extraordinary transactions. The team also supports small businesses as they develop. Francesco Abbozzo Franzi is a commercial and corporate deal expert; Gianmarco Mileni Munari advises on significant M&A, corporate and commercial matters; and Gianmatteo Nunziantehas great technical knowledge’.

Practice head(s):

Francesco Abbozzo-Franzi; Gianmarco Mileni Munari; Gianmatteo Nunziante

Other key lawyers:

Fiorella Alvino; Vieri Paoletti; Federico Gioffrè; Francesco Vitali de Bonda


‘Very outgoing and service-oriented team.’

‘Nunziante Magrone’s team provides dedicated support throughout M&A transactions, advising on issues of greater complexity, as well as those that may be of lesser complexity, but which have a significant practical impact.’

‘A great team of tech-savvy lawyers – easy to work with from day one. Top legal experts with great personalities. Able to understand and protect clients’ needs.’

‘High-level technical and professional preparation, and the ability to adapt to different counterparts and suggest alternative and (when necessary) non-standard solutions.’

‘Prompt answers on the issues discussed.’

‘Gianmatteo Nunziante has great technical knowledge and the ability to negotiate and defend clients’ interests.’

‘Francesco Abbozzi-Franzi is a highly qualified and trained professional.’

‘Vieri Paoletti is an outstanding lawyer – top-level competence and always available despite a busy schedule.’

Key clients

Ainvest Private Equity S.r.l.



Storci S.r.l.

Associazione Italiana Camera Moda S.r.l.

CDP Venture Capital SGR

Fiera Milano S.p.A.

Herbolea Biotech S.r.l.

Infinera S.r.l.

Italmatch Chemicals S.p.A.

LFoundry S.r.l.

Magaldi Group S.p.A.

Mirka OY

Mirka Superabrasives S.p.A.

Molo Hotel Group

Pasentis Holding S.A.

Performance Investments S.p.A.

Revzone B.V. REV’IT

Sphere S.A.

Société Monégasque Internationale Portuaire S.M.I.P.

Wipak Bordi S.r.l.

Work highlights

  • Advised Fiera Milano on its strategic partnership transaction with Fiere di Parma.
  • Advised Pasentis Holdings on the Italian law aspects of the transfer to Lynstone of the entire share capital of the company.
  • Assisted Performance Investments (as seller) with an M&A deal whereby Gewiss S.p.A. purchased Performance in Lighting.

Portolano Cavallo

Portolano Cavallo is traditionally focused on M&A transactions in the digital, media and technology sectors. Francesco Portolano, who has longstanding experience in M&A, private equity and venture capital, as well as joint ventures and corporate governance, co-leads the team with fellow name partner Manuela Cavallo, Antonia Verna and Tommaso Foco.

Practice head(s):

Francesco Portolano; Manuela Cavallo; Antonia Verna; Tommaso Foco

Other key lawyers:

Luca Gambini; Ginevra Sforza


‘A lean and efficient team that is focused on closing deals.’

‘They go beyond the pure legal issues and explain all aspects of the problem, helping the clients achieve their overall goals.’

PwC TLS Avvocati e Commercialisti

Able to leverage its enviable worldwide network, PwC TLS Avvocati e Commercialisti’s sizeable Italy group advises at all stages of acquisitions and divestments. Giovanni Stefanin has extensive experience in M&A and private equity matters; Tommaso Tomaiuolo is a ‘great negotiator’; and Pietro Buccarelli heads up the regional M&A practice.

Practice head(s):

Giovanni Stefanin; Tommaso Tomaiuolo; Pietro Buccarelli

Other key lawyers:

Filippo Zucchinelli; Cristina Cengia; Riccardo Lonardi; Pietro Negroni; Anna Di Vilio; Daniele Landi


A team that cares about clients and their needs, as well as the real goals of the clients.

When it comes to capabilities, each member of the team is highly skilled and builds up a friendly and cooperative environment.

Capable of understanding the essence of clients’ business.

Key clients

Shell Italia

Marcegaglia Carbon Steel

GEO Engineering S.p.A.

Ceres Pharma BV

Edison Spa, Saipem Spa, Alboran Hydrogen

Cattaneo & Zanetto (Excellera Advisory Group)

Intesa San Paolo

Hayashi Telempu Corporation

Energy For Sinergy (E4SY)

Sicily By Car

Dedalus Spa

La Sportiva

Wrm group


Fincantieri Spa

Fincantieri NexTech Spa

Margherita Distribuzione (former Auchan Italy)

Bennet Spa

Cons. Coop and Citigas Coop


Indorama Ventures Public

Zschimmer & Schwartz

Marcegaglia SPA

Silicon Toscany/Booster Box

Arcaplanet SPA

Coop Alleanza 3.0

Platum (former MT Distribution)


Casappa Spa

Caprari Family – Lunafralsi

Zschimmer & Schwartz

Banca Popolare del Lazio

TMC Transformers

Ivab LTD

NTT Data

Axpo Italia

Autogrill Italia Spa

High Research


Giuliani S.p.A.

Fiat Power Technologies Industrial SpA

JAS – Jet Air Service


Work highlights

  • Advised Edison Spa, Saipem Spa, and Alboran Hydrogen Spa on a project in Puglia that focuses on the development and implementation of three industrial green hydrogen plants.
  • Advised Marcegaglia Carbon Steel on the acquisition of SIA Severstal Distribution.
  • Advised Sicily By Car, a short-term car rental company, on its merger with Industrial Stars of Italy 4.

Rucellai & Raffaelli

Rucellai & Raffaelli is an ‘extremely-qualified boutique with great skills and competence’. A ‘brilliant and smart lawyer’, the firm’s corporate and transactional group head, Enrico Sisti, regularly advises on major FDI investments in Italy, as well as the implementation of new business models. Milan-based Sisti further assists with significant M&A deals.

Practice head(s):

Enrico Sisti


‘Very knowledgeable in corporate law and the local market, as well as being efficient and pragmatic in its approach.’

‘Combines expertise in M&A with deep knowledge of commercial contracting, including complex IT and BPO outsourcing.’

‘Ranked highly because of its commitment to the client, flexibility, and span of areas covered.’

Key clients

Sandberg Development






Active International


Horizen Labs

Specialties Srl

Cresta Minerals



Philip Morris

ASP-Advanced Sterilization Products


Shalag Nonwoven

Insec Equity Partners SGR


Fitch Ratings



Altor Equity Partners


Arcelor Mittal

Andera Partners

CDP Venture Capital SGR

Panakes SGR

Raytheon Technologies




Boston Consulting Group


VGP Industrial Parks




Schneider Electric

Work highlights

  • Advised Siparex Funds on the sale of a participation (held by Italian and French Insec and Siaprex funds) in HNH to Fondo di Investimento Italiano and Eulero Capital.
  • Advised Accenture on the acquisition from Stellantis of its World Class Manufacturing business, an innovative training platform for advanced manufacturing assembly lines.
  • Assisted Horsa Group with its plan of serial acquisitions.

Ughi E Nunziante

Ughi E Nunziante’s M&A team comprises specialists in mid-market, cross-border M&A transactions. The group is particularly active in energy, financial services and technology-related matters. The principal advisers are Roberto Leccese, who acts for both medium-sized companies and large multinational groups, along with Filippo MazzaGiuseppe Coco and Amon Airoldi.

Other key lawyers:

Roberto Leccese; Filippo Mazza; Giuseppe Coco; Amon Airoldi


‘The team is partner-led, very practical, and very hands on in relation to the transactions worked on.’

‘Giuseppe Coco is knowledgeable, very practical, and commercial in all dealings.’

Key clients

Chaos EOOD

Consilium SGR p.A.

PM&Partners SGR S.p.A.

Equasens S.A.

GMM S.p.A.

Celli S.p.A.

Italian Fashion Team

Zeus Packaging Group Ltd.

Imerys SA

CDP Venture SGR S.p.A.

d’Amico Società di Navigazione S.p.A.

d’Amico International S.A.

Texas Instruments Corp

Rockhopper Exploration

Johnson Controls

Watson Farley & Williams LLP

Widely respected for its energy sector expertise, Watson Farley & Williams LLP also acts for real estate, infrastructure and transport clients. Founder of the firm’s Italy practice and corporate and energy group leader, Eugenio Tranchino, is ‘a longstanding and highly-regarded energy lawyer’, and Carlo Cosmelli specialises in cross-border and domestic M&A.

Practice head(s):

Eugenio Tranchino; Carlo Cosmelli

Other key lawyers:

Tiziana Manenti; Luca Sfrecola; Roberta Sturiale; Arianna Neri


‘Excellent analysis and problem-solving skills.’

‘Currently among the leading firms in Italy dealing with innovative technologies in the renewables sector.’

‘They deal with complex transactions and yet they manage to deliver the best results possible.’

Key clients

Snam S.p.A.

Copenhagen Infrastructure Partners P/S

Amber Infrastructures

Yanolja Cloud

Altamin Limited

Vortex Beteiligungs GmbH

Panattoni Italy Holding S.À R.L.

Atlante S.r.l.

Falk Renewables S.p.A.

P3 Logistic Parks


Axpo Services AG

Rigenerand S.r.l.

Work highlights

  • Advised Copenhagen Infrastructure Partners on its partnership agreement with GreenIT to develop three offshore wind projects in Lazio and Sardinia.
  • Advised Amber Infrastructure Group, as exclusive investment advisor to Three Seas Initiative Investment Fund S.A. SICAV-RAIF, on the latter’s €150m investment in Poland’s R.Power.
  • Advised Yanolja Cloud on its acquisition of Go Global Travel from Gorilla Holdco.

CBA Studio Legale e Tributario

CBA Studio Legale e Tributario is experienced in private equity, corporate and M&A transactions. The ‘prepared and available’ practice, which also leverages strong tax capabilities, houses tender offer expert Luca Fabbrini. Riccardo Papetti and Laura Elena Cinquini recently joined from ADVANT Nctm, while former partner Paolo Esposito departed the firm.

Practice head(s):

Luca Fabbrini

Other key lawyers:

Ilaria Antonella Belluco; Riccardo Marini


Solid, prepared and available.

Excellent knowledge of the IT tools necessary to support operations successfully.

A remarkable empathy that allows clients to establish very open and frank relationships.

Great for her preparation and availability (present at all hours of the day) – Ilaria Antonella Belluco.

Key clients

Calligaris Group


F&PML e Partners S.p.A.

Genuino S.r.l.

Marcello Forti

Le Petit S.r.l.

Lifeanalytics Group

Sirti Group

SRI Group NVP Europe S.r.l.

T2 S.r.l.



DWF’s M&A department in Milan covers corporate governance, acquisitions and divestments of shareholdings, mergers and demergers, public tender offers, and joint ventures. The practice is headed by Luca Cuomo, who is experienced in major M&A, corporate and energy transactions. Italy managing partner Michele Cicchetti has longstanding energy sector experience.

Practice head(s):

Luca Cuomo

Other key lawyers:

Michele Cicchetti; Alberto Sieli; Giacomo Romiti

Key clients

VAM Investments Group S.p.A.

Headway Capital Partners LLP

Florence Consulting Group S.r.l.

Mollica Customs Services S.r.l.

Gruppo Florence S.p.A.

Lisap Laboratori Cosmetici S.p.A.

Fondo Italiano d’Investimento SGR

Italmobiliare S.p.A.

Intesa Sanpaolo S.p.A.

Demenego S.r.l.

Giuntini S.p.A. S.r.l.

BCI Holding Europe


Cialone Tour S.p.A.

LL Pinalli Investment S.r.l. S.p.A.

Panino Giusto S.p.A.

Rothenberger Group

Valtellina S.p.A.

Enfinity NV

Pinalli S.r.l.

Dea Capital Alternative Funds SGR S.p.A.

Italian Mates S.r.l.

La Prensa Etichette Italia S.r.l

Pinalli S.r.l.

Work highlights

  • Advised Gruppo Florence’s current shareholders and managers on the sale of 100% share capital to Permira and subsequent reinvestment in Gruppo Florence.
  • Assisted Pinalli with the sale of a controlling stake to H.I.G. Capital.
  • Assisted Cirdan Group with its acquisition of Banca del Sud and its transformation into Smart Bank.


EY TAX & LAW ITALY’s corporate and M&A team advises Italian and international clients on ordinary and extraordinary corporate law transactions. Clients notably benefit from the group’s leveraging of the firm’s tax credentials. Renato Giallombardo leads the M&A, private equity and venture capital teams, while Dario Pozzi provides key support.

Practice head(s):

Renato Giallombardo

Other key lawyers:

Dario Pozzi; Luca Spagna


‘The team is knowledgeable, helpful and fast.’

‘Clients get on very well with this team.’

‘Professional, available and fast.’

The ability to offer a service that follows and manages the entire matter up to closing.

The ability to manage timescales by resolving critical issues and guaranteeing results.

‘Renato Giallombardo is very professional and well organised.’

Key clients

Gunnebo Italia S.p.A.

Autostrade per l’Italia


Enel X



CDP (Cassa Depositi e Prestiti)

Autostrada del Brennero

Sofia Locks

Zeus International



BF S.p.A. (Bonifiche Ferraresi S.p.A.)





Sofidel Spa

Reagens SpA

Foppiani Shipping & Logistics S.r.l.

Indofil Industries Ltd.

Aeroporti di Roma

Giliberti Triscornia e Associati

Giliberti Triscornia e Associati is routinely involved in M&A and private equity deals. The team is experienced in all aspects of investment and divestment transactions, deal structuring, and acquisition agreement negotiations and drafting. Alessandro Triscornia, who ‘has a sharp legal mind’, advises on private equity, corporate, M&A, and restructuring deals.

Practice head(s):

Alessandro Triscornia

Other key lawyers:

Francesco Cartolano; Giuseppe Cadel


‘Innovative and always thinking out of the box.’

‘Patient to walk through legal complexities step by step.’

‘Very humble, notwithstanding decades of experiences and a myriad of situations/issues resolved.’

‘A market-leading team.’

‘Alessandro Triscornia and Giuseppe Cadel have great qualities – creative, status quo challengers, and humble.’

‘Alessandro Triscornia has a sharp legal mind, and brings gravitas and experience to any table.’

Key clients

Permira Funds

Webuild Group

Fondo Strategico Italiano

Aksìa Group SGR

Falck Group


ACDC Funds

Quadrivio Group

Star Capital SGR

Providence Funds

Iter Funds

Work highlights

  • Advised Iter Funds on the acquisition of Zaffiro.
  • Advised Certilogo shareholders on the sale of the company to eBay.
  • Advised Permira Funds on the acquisition of Kedrion.

Lexia Avvocati

Lexia Avvocati’s corporate and M&A team is experienced in complex M&A and private equity transactions, as well as venture capital deals. The group is particularly focused on the technology, fintech, financial services, ICT, TMT, and renewable energy sectors. Managing partner Francesco Dagnino is ‘an outstanding and very intelligent lawyer’.

Practice head(s):

Francesco Dagnino

Other key lawyers:

Marco Muscettola; Fabio Luongo


Very competent and it has vast experience in corporate/M&A.’

They know market practices very well, and always offer innovative and effective solutions.’

‘The individuals are very hard workers, always looking for out-of-the box solutions and always working with a positive attitude.’

‘Lexia’s incredibly responsive and business-oriented approach, along with their smart and on-point solutions, demonstrate a clear understanding of clients’ needs and objectives.’

‘Their entrepreneurial mindset aligns well with clients, which elevates the level of output compared to the detached approach of some other law firms.’

‘Collaborating with the team is simple and immediate, and the clear and precise communication always makes clients feel that they are in good hands.’

‘Francesco Dagnino stands out for his knowledge and ability to convey it into smart solutions. This level of service, delivered within an informal relationship, is rare.’

‘Francesco Dagnino is an outstanding and very intelligent lawyer. He proposes very good and flexible solutions to difficult situations and is always available. He has a great team around him, especially Fabio Luongo, who is a great and dynamic lawyer.’

Key clients

TAS Group S.p.A.

Global Payments S.p.A.

Retelit Group S.p.A.

Expert AI S.p.A.

Axerve S.p.A. (Banca Sella Group)

Eurotech S.p.A.

John Cockerill Defence S.A.

3Fast S.p.A. S.r.l.

WOPTA Assicurazioni S.r.l.

Neurone Group

Jobtech S.p.A.

Government of the Republic of Macedonia

Cryptosmart S.p.A.

Mecar S.p.A.

Vespera Energy

Reichle & De Massari

Irsap S.p.A.

GB Sapri S.p.A.

Equus Automotive Group

Hyris Group

Hoop Capital S.p.A.

Switcho S.r.l.

Elidata S.p.A.

Pamaco Solar S.L.

Zefiro srl

Macingo S.p.A.

Professione Credito S.r.l.

Neulabs Group

Q-Energy Italia S.r.l.,

L&P Holding S.r.l.

GUM Group S.p.A.

Impossible Brands S.r.l.

Work highlights

  • Advised John Cockerill Defence on the acquisition of Eurocontrol.
  • Advised GUM Group, an Italian family office, on its investment agreement with S.p.A.
  • Advised Green En.It. on the acquisition of the entire corporate capital of Wind Energy.

LMS Studio Legale

LMS Studio Legale’s M&A practice fields sector experts in automotive, infrastructure, financial institutions, technology, telecoms, and energy (among others). Fabio Labruna focuses on M&A, private equity and special situations, and Giulio Gambini Pierleoni is a corporate and commercial law specialist. Annalisa Esposito and Luca Mastromatteo are also key figures.

Practice head(s):

Fabio Labruna; Giulio Gambini Pierleoni; Annalisa Esposito; Luca Mastromatteo


‘Great collaboration and agility.’

‘Professionalism from a proactive team and high levels of engagement.’

Key clients

All4Labels Packaging Group

A&T S.r.l.

Augens Capital s.r.l.

Bain Capital

Balconi S.p.A.

Bianalisi S.p.A.

Bormioli Pharma S.p.A.


Carraro S.p.A.

Cattleya S.r.l.

Columna Capital LLP

Cyber Studio Group

Delta Med S.p.A.

DiaSorin S.p.A.



Euclidea SIM S.p.A.

Fagioli S.p.A.

Farid Industrie S.p.A.

Ferrero S.p.A.

Finder S.p.A.

Goldman Sachs Capital Partners

Griven s.r.l.


Hellman & Friedman LLC

Huawei Technologies Italy S.p.A.

Igefi s.r.l.

ITT S.p.A.


L Catterton

LK Metrology Ltd

Manufacturing Model Brands S.p.A.

Material Handling Systems, Inc.

Michelin Italiana S.p.A.

Nordeon Group s.r.l.

QuattroR SGR S.p.A.

Quidel Italy s.r.l.

Seves Group S.àr.l.

Sparco S.p.A.

Summa Equity

Sustainable Growth Management


Thomas H. Lee Partners

Trilantic Capital Partners

Triton Partners

U.N. Ro-Ro İşletmeleri A.Ş.

21 Investimenti

Work highlights

  • Advised Augens Capital, Bank of Montreal Private Equity, and the other selling shareholders of HOFI S.p.A., on the sale of HOFI S.p.A., an Italian operator in the funeral and cemetery services sector.
  • Advised investment fund L-GAM on the sale of Società e Salute S.p.A., a network of medical centres.
  • Advised Ferrero International on the acquisition of the entire corporate capital of Fresystem.

Macchi di Cellere Gangemi

Macchi di Cellere Gangemi is best known for private sector-related investment deals and acquisition programmes, and cross-border M&A transactions involving France. The team also advises on M&A deals in the renewable energy sector. The key figures are Luigi Macchi di CellerePietro OrzalesiFrancesca BogoniErnesto Pucci, and Simone Rossi.

Practice head(s):

Luigi Macchi di Cellere; Francesca Bogoni; Pietro Orzalesi; Ernesto Pucci; Simone Rossi


‘Pietro Orzalesi – extremely experienced, rigorous, smart, excellent business acumen, and an outstanding professional.’

‘Excellent team – probably one of the best in Milan.’

‘Pietro Orzalesi is a corporate lawyer with remarkable skills.’

‘Great availability and competence.’

‘Pietro Orzalesi delves into every subject and has great leadership qualities for complex operations.’

‘Well versed in every aspect of M&A transactions.’

‘Proactive and quick in answering questions, and provides solid support and advice.’

‘Pietro Orzalesi is an outstanding professional who always exceeds his clients’ expectations.’

Key clients

Euro Media Group

La Collina Dei Ciliegi

Advini SA

Meregalli Giuseppe S.p.A.

GRV Roofs 1 S.R.L.

GR Value S.p.A.

GR Value 2 Srl

Casa Generalizia Dell’Ordine Ospedaliero di San Giovanni di Dio Fatebenefratelli

Tecme ETE s.r.l.

Medi Group Holding

Kiloutou Group

Arribatec Group ASA

Safic Alcan Group

Saur Group


Infront Italy

Schmack Biogas

Masotti Cassella

With longstanding experience in inbound and outbound international deals involving Italy, Masotti Cassella’s department is co-headed by pharmaceutical and medical devices sector expert Luca Masotti; Mascia Cassella, whose career includes 10 years as general counsel to an international engineering group; and banking, commercial, corporate and public law specialist Carlo Piatti.

Practice head(s):

Mascia Cassella; Luca Masotti; Carlo Piatti

Key clients

Pomini Rubber & Plastics – HF Mixing Group

Ab Medica S.p.A.

LULU Group – Y International

New Era Converting Machinery

Wienerberger AG

Pharmalex GmbH

Briarwood Products Group

Glenmark Pharmaceuticals

Ab Medica France

Avico Group & HC

Work highlights

  • Acting as Italian adviser to Wienerberger on the acquisition of Terreal.
  • Co-advising H&C and Avico Group on Weststar Aviation Services Sdn Bhd’s collaboration with Helicopter and Cooperation SAS (H&C) to strengthen the global presence of its European affiliate Weststar NDD.
  • Co-advising TWT Group on the signing of an agreement for the sale of all its share capital to Unidata.

Studio Legale Padovan

Commercial law firm Studio Legale Padovan fields experts in domestic and cross-border M&A, corporate finance, joint ventures, company law, and domestic and international commercial contracts. Founder Marco Padovan is well known for construction contracts and international trade, and José Alberto Álvarez de Cienfuegos regularly advises on significant international M&A deals.

Practice head(s):

Marco Padovan

Other key lawyers:

Alberto Álvarez de Cienfuegos; Marco Zinzani; Michele Bonomini; Myriam Desnus


‘Studio Legale Padovan has exceptional experience in M&A, including international transactions.’

‘They provided a creative billing structure, using a group average hourly rate and ultimately agreed to a fixed rate to complete the transaction, which the clients appreciated.’

‘They speak multiple languages, they are well-connected, and they are exceptional lawyers with significant experience in international transactions.’

Key clients

BDR Thermea Group B.V.

Maire Tecnimont S.p.A.

Danieli & C. Officine Meccaniche S.p.A.


Acciaierie Valbruna S.p.A.

Webuild S.p.A. (formerly Salini Impregilo S.p.A.)

IMA S.p.A.

Vibac S.p.A.

Bonfiglioli S.p.A.

ABB S.p.A.

Ferrari S.p.A.

Tetra Pak Group

Work highlights

  • Assisting Webuild, an infrastructure and construction company, with the cross-border aspects of the partial demerger of Astaldi and the company’s merger into Webuild.
  • Advises BDR Thermea Group on an ongoing basis, on its international trade activities, in relation to sales and procurement across its global operations.
  • Advised GMCI, an Italian company that manufactures household appliances, on its sale to a Saudi company.

Pirola Pennuto Zei & Associati

Pirola Pennuto Zei & Associati fields experts in share transfers, mergers, demergers, and purchases and sales of shareholdings in companies, firms and business divisions. The team, jointly headed by Massimo Di Terlizzi and Stefano Tronconi, also advises on spin-offs, corporate reorganisations, LBOs, joint ventures, and private equity and venture capital investments.

Practice head(s):

Massimo Di Terlizzi; Stefano Tronconi

Other key lawyers:

Nathalie Brazzelli; Francesca de Fraja; Clarissa Galli


‘Good staff with great competence and availability.’

‘Very good relationships with clients.’

‘Availability, professionalism and good response times.’

‘Professionalism and competence in resolving all critical issues. Advice that is always attentive and helpful.’

‘Potential clients should know that the team’s strengths and key capabilities are the following: high level of knowledge of the law,  extremely reliable and efficient, and always available to support (even when against the clock).’

‘Super experts, experienced, and always trained and skilled to face new developments and challenges.’

‘They keep everything under control and this provides comfort to clients.’

‘During any transaction they never give up, they keep on working and find the right solution until the goal is reached.

Key clients

Ferrari Aldo Trasporti’s shareholders

Solarelit’s shareholders

PI Industries

Grow Capital

Green Lg Energy

Seb Internationale Sas

Emmi Holding Italia S.r.l.

Groupama Assicurazioni S.p.A.

Vestas Italia S.r.l.

CGPA Europe S.A. Rappresentanza Generale per l’Italia

Sonova Audiological Care Italia S.r.l.

General Reinsurance Ag Italian Branch

Petit Forestier International

W.P. Carey

Fedrigoni SpA

Bain Capital Private Equity

Advent International


Mercury UK Holdco Limited


Green Arrow Sgr

Work highlights

  • Advised Grow Capital on the acquisition of the business operations of Conbipel.
  • Advised Emmi Holding Italia on the sale of its 25% stake in Ambrosi S.p.A. to Lactalis Groupe (B.S.A. S.a.s.)

bureau Plattner

Joining forces with Jenny.Avvocati in January 2023, bureau Plattner’s corporate team, headed up by Massimo Petrucci and Peter Karl Plattner, predominantly advises international clients on cross-border transactions involving the energy, real estate, automotive, food and media sectors. The reinforced practice now also features Christoph Jenny, Simona Gallo and Viviana Vilardo.

Practice head(s):

Massimo Petrucci; Peter Karl Plattner

Other key lawyers:

Christoph Jenny; Simona Gallo; Viviana Vilardo

Withers Studio Legale

Withers Studio Legale is experienced in advising Italian individuals, entrepreneurs, family offices, and family-owned businesses on investments abroad. The team also assists international investors that are active in Italy. Roberta Crivellaro is European leader of the business division, while Sergio Anania advises companies and banks on corporate and commercial matters.

Practice head(s):

Roberta Crivellaro; Sergio Anania

Other key lawyers:

Luca Ferrari; Stefano Cignozzi; Mattia Biasi; Francesca Nobili


Withers offers an excellent service – always ready to satisfy every request.

Roberta Crivellaro and her staff are always professional – they are the best!

Key clients

Marchesi Frescobaldi

Haeres Capital SA


Gellify Italia

Uni Gasket Srl

Oakley Capital


Work highlights

  • Assisted Marchesi Frescobaldi with its agreement to purchase one of Oregon’s most prestigious wine producers.
  • Advised Uni Gasket on the stock acquisition of a majority shareholding in a leading US distributor.
  • Assisted Gellify Italia with investment agreements for start-ups.