Firms To Watch: Private equity

EY TAX & LAW ITALY was recently bolstered by the arrival of private equity specialist Renato Giallombardo; he joins from Gianni & Origoni and arrives with a track record of having closed more than 200 deals across a range of industries including infrastructure, motorways and airports.  

Private equity in Italy

BonelliErede

A team with ‘high levels of excellence’, BonelliErede leverages a vast national network, in addition to offices in London, Cairo, Dubai, Brussels and Addis Ababa, to support on the full spectrum of domestic and cross-border private equity mandates; examples include fund formation, regulatory advice, corporate consulting, acquisition structuring and due diligence, among many others. Practice head Eliana Catalano has developed considerable expertise in a number of industries, namely fashion, manufacturing, sports, real estate and manufacturing; she is supported by Umberto Nicodano, a specialist in the luxury sector who serves as the firm’s country partner for the US, as well as Augusto Praloran, who has an extensive track record in food and catering and industrial machinery-related deals. Giulia Bianchi Frangipane is the go-to for transactions within the energy, financial services, insurance, telecoms and transport fields while at the more junior end, the ‘high potential’ of associate Elena Guizzetti is noted by clients.

Practice head(s):

Eliana Catalano

Other key lawyers:

Umberto Nicodano; Augusto Praloran; Giulia Bianchi Frangipane; Elena Guizzett; Stefano Nanni Costa; Mario Roli

Testimonials

‘Timeliness in dealing with the various problems. Level of preparation of each professional.’

‘Immediate ability to analyse problems. Effectiveness of the proposed solutions’.

‘A (large) Italian boutique with high levels of excellence.’

‘Excellent professionalism with cost / benefit ratio in line with the customer’s needs, 360 degree assistance.’

‘Associate Elena Gizzetti demonstrates high potential.’

Key clients

Apax Partners

Techint

Oaktree

Progressio SGR

Tikehau Capital

Wise sgr

Astorg Partners

APG Asset Management

L Catteron

Investindustrial

GTCR, LLC.

Work highlights

  • Assisted Investindustrial in structuring and executing a transaction aimed at completing a takeover of Guala Closures S.p.A., a company listed on the Italian stock exchange.
  • Assistance to the private equity firm Investindustrial in the acquisition, through its vehicle Universal Clinics S.L.U., of Genera Health Care, a leading group of fertility clinics.
  • Assistance to Ardian, which acted as a leader of a consortium of investors, in the acquisition of a stake in Infrastrutture Wireless Italiane S.p.A. (INWIT) from Telecom Italia S.p.A. (TIM).

Chiomenti

Chiomenti, an Italian firm with a presence in New York, London, Brussels and China, is especially acclaimed for its work on leveraged buyout strategies and thrives in all forms of structured investments, into both listed and private companies. Franco Agopyan , co-head of the private equity business unit, is a specialist in cross-border private equity and corporate finance deals; his team includes market veterans Carlo Croff  and Luigi Vaccaro , noted for their 'ability to understand the needs and critical points of the various situations, translating them into practical advice and concrete solutions'. Elsewhere, Antonio Sascaro provides the group with considerable digital economy, TMT, sports and entertainment industry knowhow and Edoardo Canetta Rossi Palermo, who recently made partner, is praised for his ‘proactive attitude to problem solving’. The team's recent workload includes advising on leveraged finance, growth capital, exit, fund formation, SPAC deals and co-investments, among other mandates.

Practice head(s):

Franco Agopyan; Salvo Arena

Other key lawyers:

Carlo Croff; Antonio Sascaro; Edoardo Canetta Rossi Palermo; Luigi Vaccaro; Vincenzo Troiano; Alessandro Portolano; Massimiliano Nitti; Luca Liistro; Edoardo Canetta Rossi Palermo

Testimonials

‘Ideal mix of M&A and corporate finance skills in the Italian market and support skills in the field of international transactions. Ability to act as leader / coordinator and client fronting in case of complex transactions where multiple law firms are involved for different verticals or different jurisdictions.’

‘Carlo Croff and Luigi Vaccaro combine high levels of experience with very good availability. They also have the ability to understand the needs and critical points of the various situations, translating them into practical advice and concrete solutions.’

‘Speed of execution and ability to adapt to the requests of the customer they represent.’

‘Edoardo Canetta Rossi Palermo stands out due to his competence, proactive attitude to problem solving, accuracy and availability.’

‘Luca Liistro is highly recommended.’

‘Competence and negotiation skills.’

Key clients

SK Capital Partners

GIC

One Equity Partners

Ontario Teachers’ Pension Plan

BC Partners

H.I.G.

Capvis

Cerberus

Charterhouse

CVC

Lonestar

Lion Capital

Investindustrial VI L.P.

Cinven

NB Renaissance

Clessidra

F2i SGR S.p.A.

FSI Sgr

Searchlight

OpCapita

QuattroR

Investindustrial Group Holdings S.A.

Pitney Bowes Inc.

IGI SGR S.p.A.

Apollo

Aliante Partners

KPS

Hourglass

Kohlberg Kravis Roberts & Co Partners Llp

Blackrock

Ion Investment Group

Castor S.p.A.

rfXcel Corporation

Portobello Capital

Stirling Square Capital Partners

CDP Venture Capital SGR S.p.A.

Work highlights

  • Advising Kohlberg Kravis Roberts & Co. L.P. (KKR) on the acquisition, through Teemo Bidco S.à r.l., a special purpose vehicle indirectly owned by KKR Global Infrastructure Investors III L.P. and the parallel vehicles that invest alongside KKR Global Infrastructure Investors III L.P, investment funds managed by Kohlberg Kravis Roberts & Co. L.P., of a shareholding representing 37.5% of the share capital of FiberCop S.p.A.
  • Advising Investindustrial Acquisition Corp (IIAC) on the business combination with the Ermenegildo Zegna Group, aimed at listing the latter on the New York Stock Exchange.
  • Advising KPS Capital Partners, LP on signing the definitive agreement to acquire from Crown Holdings, Inc. activities in food, aerosol and promotional packaging in Europe, Middle East and Africa for €2.25bn. Following the transaction, Crown Holdings, Inc. will retain 20% interest in the business.

Gattai, Minoli, Partners

Gattai, Minoli, Partners' senior team spends the majority of its time within the private equity field, handling all components of a transaction, including the corporate, tax and finance considerations. The group has a strong knowledge of a diverse array of industries, having handled standout transactions in the pharmaceutical and luxury and fashion sectors of late. Managing partner Bruno Gattai brings over 30 years’ of experience to the table and, among his peers, is widely considered as one of the market’s foremost experts; he jointly leads the group alongside Stefano Catenacci whose strengths lie in the small and mid-cap field, as well as Gerardo Gabrielli, a lawyer who handles transactions of all sizes with particular proficiency in the food and energy industries. Further names of prominence include Federico Bal, a go-to for several private equity portfolio companies and family-owned businesses, and counsel Damiano Battaglia, who is developing a track record in high-value, cross-border deals.

Practice head(s):

Bruno Gattai; Stefano Catenacci; Gerardo Gabrielli

Other key lawyers:

Federico Bal; Damiano Battaglia; Lorenzo Fabbrini

Key clients

CVC Capital Partners

Bain Capital

Intermediate Capital Group (ICG)

Investcorp

Clessidra

Tikehau

Ambienta

Green Arrow Capital

FSI SGR S.p.A.

21 Investimenti SGR SPA

Ardian

PM & Partners SGR

Aksia

Alto Partners SGR

Illycaffè S.p.A.

Work highlights

  • Advised CVC Capital Partners (and the CVC-Advent-Fsi investment fund consortium) on the attempted acquisition of a 10% participation of a new Lega Serie A media company to be formed with the aim to manage and market television rights.
  • Advised a consortium consisting of Bain Capital and NB Renaissance Partners on the acquisition of Engineering Ingegneria Informatica S.p.A. , one of the leading providers of IT services, from Apax Partners and a different NB Renaissance Partners fund.
  • Advised Clessidra Private Equity SGR S.p.A. on the acquisition of Casa Vinicola Botter from the Botter family and the private equity firm Dea Capital

Gianni & Origoni

At Gianni & Origoni, key points of distinction include the firm’s international network, situated across London, Brussels Abu Dhabi and Hong Kong, as well as the team’s specialist expertise in private equity-related public intervention, an increasingly significant issue within the Italian market. The practice has long-standing expertise in the retail, fashion and luxury, insurance, pharma, health and fintech industries and includes founding partner Francesco Gianni , a member of both the Italian and New York bars; he jointly leads the department alongside Gianluca Ghersini , hailed as a ‘perfect match for international clients’; Stefano Bucci, who often acts for private equity funds and companies targeting insurance and banking entities, as well as Raimondo Premonte who splits his time between Italy and the UK.

Practice head(s):

Francesco Gianni; Stefano Bucci; Gianluca Ghersini; Raimondo Premonte

Testimonials

‘A very competent, multitasking, commercial team, focused on customer needs and always available.’

‘Respond in a timely manner to the impromptu requests and needs of a sector that requires great competence and flexibility.’ 

‘I chose Raimondo for his collaborative and technical leadership and great business experience in different products and sectors.’

‘Raimondo Premonte and his team are able to act within a clear perimeter of roles and responsibilities and act in the best interest of the client by informing him and putting him in front of the advantages and disadvantages related to scenarios that the entrepreneur must think about carefully before making the required decision.’

‘Great professionalism, presence on various verticals and geographical areas.’

‘Stefano Bucci is always present in the moments that matter. Constructive.’

‘They are extremely experienced and very good at client handling.’

‘Gianluca Ghersini is a top lawyer, efficient, eloquent and the perfect match for deals with international clients’

Key clients

AEA Investors

AbbVie Ventures

Alcedo

Apax Partners

Ardian

Bain Capital

BC Partners

Blackstone

BlueGem Capital Partners

Bridgepoint

Cassa Depositi e Prestiti

CDP Equity S.p.A.

CDP Venture

Charterhouse Capital Partner

Cinven Partners LP

Cobepa – Compagnie Benelux Committee

CVC Capital Partners

DeA Capital Alternative Funds SGR

EQT Partners

Ergon Capital Partners

FSI SGR SPA

Fondo Italiano d’investimento

Groupe Siparex

Kohlberg Kravis Roberts

Lion Capital

Only The Brave S.r.l. (OTB)

Peninsula Capital

Terra Firma

Trilantic Capital Partners Europe

Triton

Value Italy

Work highlights

  • Assistance to SIA S.p.A., the Italian and European leader in payment technology and infrastructure services, controlled by Cassa Depositi e Prestiti through its subsidiary CDP Equity, in relation to the merger by incorporation of SIA into Nexi, the PayTech leader in digital payments in Italy.
  • Assistance to KKR in the recapitalisation of Selecta Group.
  • Assistance to EQT IX fund in its acquisition of Natural Colors Division, a subsidiary of Chr. Hansen, the global bioscience leader and developer of natural solutions for the food, nutritional, pharmaceutical and agricultural industries

Latham & Watkins LLP

Latham & Watkins LLP's team is fronted by Cataldo Piccarreta, who was promoted to the role of local corporate department chair in March 2021; he is especially well-versed in the representation of private equity sponsors and companies in both their domestic and multijurisdictional transactions and has particularly strong ties to the London market. Stefano Sciolla, the group’s former practice head, now serves as managing partner of the Milan office but remains an active member of the team, and is widely considered by peers as one of the market’s foremost names for private equity affairs. Elsewhere, Giovanni Sandicchi has expertise in cross-border regulatory issues and recently promoted partner Giorgia Lugli is forging a strong reputation within the field, already counting major firms including Bain Capital and The Carlyle Group among her client list.

Practice head(s):

Cataldo Piccarreta

Other key lawyers:

Stefano Sciolla; Giovanni Sandicchi; Giorgia Lugli; Giancarlo D’Ambrosio; Giovanni Sandicchi

Key clients

The Carlyle Group

Bain Capital

BC Partners

Apollo

Global Infrastructure Partners

TA Associates

Morgan & Stanley

Catterton

PAI Partners

Capvis

CVC Capital Partners

EQT

Bluegem Capital Partners

Platinum Equity

Hellman & Friedman

ADVANT Nctm

ADVANT Nctm supports on high-end private equity deals, both domestically and internationally, leveraging its overseas offices in London, Shanghai and Brussels in the process. The team is geared to provide a full-service offering, supporting on merger, acquisition, investment, divestment and corporate finance mandates, and counts its proficiency in investment fund establishment as a key distinguisher. Founding partner Paolo Montironi is vastly experienced when it comes to leveraged buyouts on behalf of private equity firms and Pietro Zanoni  has considerable knowledge of the food, pharmaceutical, food and fashion sectors.

Practice head(s):

Matteo Trapani

Other key lawyers:

Paolo Montironi; Pietro Zanoni; Alberto Toffoletto

Key clients

Vodafone Europe B.V.

IMA S.p.A.

International Game Technology

Krause Group

IDeA Taste Of Italy

Pavese family, owners and founders of Genetic S.p.A.

L Catterton

Snam S.p.A.

British Telecom

Acea Energia S.p.A.

Vodafone Europe B.V.

IMA S.p.A.

International Game Technology

Krause Group

IDeA Taste Of Italy

Pavese family, owners and founders of Genetic S.p.A.

L Catterton

Snam S.p.A.

British Telecom

Acea Energia S.p.A.

Work highlights

  • Advised the indirect shareholders of IMA S.p.A. on the sale of 45% shares of Sofima, the holding company owning a control stake in IMA S.p.A., to BC Partners. The deal value was €2.93bn.
  • Advised IDeA Taste of Italy on the sale of the entire stake of the company to Clessidra Sgr, another Italian private equity firm with approximately €1bn under asset management. The deal value was €340m.
  • Advised Clessidra Sgr on the sale of the entire stake of Scrigno S.p.A., an Italian company active in the design, production and marketing of counterframes for sliding doors and windows, to PAI Partners, another Italian Private Equity firm, through the fund Pai Mid-Market. The deal value was €240m.  

Cleary Gottlieb Steen & Hamilton

Headquartered in New York, international firm Cleary Gottlieb Steen & Hamilton utilises its combined strength in M&A, tax, antitrust, foreign direct investment, capital markets and leveraged finance to serve as a one-stop-shop for private equity clients. Roberto Bonsignore, who has previously had spells at the firm’s New York and Brussels offices, has a varied workload and has recently been engaged on fund launch, investment, acquisition, reorganisation, bid and merger-related matters; he is often supported on major transactions by senior attorney Gerolamo Da Passano. A distinctive feature of the practice is its expertise in a number of regulated sectors, including energy and telecoms.

Practice head(s):

Roberto Bonsignore; Giuseppe Scassellati-Sforzolini; Matteo Montanaro; Gerolamo da Passano

Key clients

Asterion Industrial Partners

Gamenet Group now Lottomatica S.p.A., an Apollo portfolio company

Allianz Capital Partners

F2i

Warburg Pincus

Dutch Infrastructure Fund

EDF Invest

JC Flowers & Co.

Macquarie

TPG

Pillarstone

Neuberger Berman

Silk Road Fund

Work highlights

  • Acted for F2i Sgr, Italy’s largest independent infrastructure fund manager and one of Europe’s leading infrastructure fund managers, on the launch of its fifth fund, the Fund for Sustainable Infrastructure (FIS).    
  • Acted for Gamenet Group now Lottomatica SpA, an Apollo portfolio company, on the acquisition of 100% of Lottomatica Scommesse S.r.l. and Lottomatica Videolot Rete S.p.A.
  • Advised Asterion Industrial Partners on its voluntary public tender offer for all of the ordinary shares of Retelit S.p.A. Retelit, a company listed on the STAR segment of the MTA, which is an independent Italian leader in the provision of wholesale fibre services.

Clifford Chance

At Clifford Chance, the private equity department consists of multidisciplinary professionals from several practice areas, namely corporate, finance, tax and capital markets. The team is consequently well-placed to lend its support through the full lifecycle of relevant transactions and caters to a broad client roster of private equity houses, banks and direct lenders in addition to sovereign wealth, pension, debt, infrastructure, real estate and hedge funds. Claudio Cerabolini demonstrates a vast track record, spread across 20 years’ worth of practice, of representing some of the market’s largest players, both domestic and international; he is often supported by Filippo Isacco, an up-and-coming partner in the private equity field who is distinctly dual-qualified as both a lawyer and a charted accountant.

Other key lawyers:

Claudio Cerabolini; Umberto Penco Salvi; Paolo Sersale; Filippo Isacco

Key clients

Ardian

Macquarie Infrastructure and Real Assets

Partners Group

Apax Partners

Cassa Depositi e Prestiti

Cinven

EQT Partners

Permira

Work highlights

  • Assisted Ardian, through its portfolio company Dedalus Holding, on the acquisition of the Healthcare Software Solutions business of DXC Technology, one of the largest global IT services companies.      
  • Advised Cometa S.p.A. (vehicle controlled by Eolo’s Founder and President Luca Spada) on the sale to Partners Group of the 75% of the share capital of the Italian broadband group Eolo S.p.A.
  • Assisted the founding family of P.M. Plastic Materials, Europe’s largest producer of pre-wired and empty cable conduits, in connection with the sale of the company to Deutsche Beteiligungs AG (DBAG) that performed its first management buyout (MBO) in Italy.

Legance - Avvocati Associati

Legance – Avvocati Associati serves a client roster of private equity and sovereign wealth funds, corporates and financial services conglomerates. The group has considerable expertise in fund formation matters as well as the capacity to call upon the firm’s banking, corporate finance, regulatory and tax departments. Senior partner Filippo Troisi  is singled out by one client as ‘one of the most competent and experienced lawyers on the market’; he is especially active on the cross-border front, leveraging the firm’s presence in London and New York, and has handled a number of market standouts alongside Alberto Giampieri, a specialist in real estate-related investments, of late.

Other key lawyers:

Filippo Troisi; Bruno Bartocci; Alberto Giampieri; Giovanni Nardulli; Piero Venturini; Andrea Fedi; Andrea Botti; Giacomo Gitti; Federica Pomero

Testimonials

‘The team is absolutely top class and has become our trusted legal advisor for our private equity deals.’

‘They are extremely thorough and reliable in every aspect of the deal execution and you have always the confidence that they are able to effectively distil the necessary details which require the principal’s focus.’

‘They are very good at actually advising their client on the best course of action contrary to many lawyers who simply present alternatives without giving a real recommendation.’

‘Filippo Troisi is one of the most competent and experienced lawyers in the market and I have my total trust in him on any aspect of the deal execution.’

‘Filippo Troisi is able to take a commercial and pragmatic approach to guide his client through the most delicate phases of deal negotiations.’

Key clients

Advent International

Apax Partners

Apollo Global Management

Ares Life Sciences

Armònia SGR

Bain Capital

Blackstone

Bridgepoint

Cabot Square Capital

Cale Street Partners

Canson Capital Partners

CapVest

Cassa Depositi e Prestiti

Centerbridge

Change Capital Partners

Charme Capital Partners SGR

Clessidra

CVC Capital Partners

DWS

Entangled Capital SGR

European Investment Bank

European Investment Fund

F2i SGR

First Reserve

Fondo Italiano d’Investimento SGR

Fortress Investment Group

GIC Private Limited

Green Arrow Capital SGR

Invitalia

IPI Partners

Lone Star

Made in Italy Fund (Quadrivio & Pambianco)

Mandarin Capital Partners

Neuberger Berman

Oaktree Capital

Partners Group

Permira

Progressio SGR

Tikehau Investment Management

Varde

York Capital Management

Work highlights

  • Assistance to Advent International, Bain Capital, Clessidra (Mercury UK HoldCo) and Nexi in: the agreement with Nets, PayTech leader in the Nordic countries, for the integration of the two groups through a cross-border merger of Nets into Nexi; and the integration between Nexi and SIA through merger by way of incorporation of the latter into Nexi.
  • Assistance to Blackstone, one of the members of the consortium formed with CDP Equity S.p.A. and Macquarie Infrastructure and Real Assets, in the acquisition of Autostrade per l’Italia (ASPI) from Atlantia S.p.A..
  • Assistance to Charme Capital Partners in the signing of a binding agreement with the Caslini family, as majority shareholder, and with the Columna Capital fund, as minority shareholder, for the acquisition of a majority stake in Bianalisi, an Italian company active in laboratory analyses and personal diagnostics.

Pedersoli Studio Legale

Pedersoli Studio Legale’s private equity department is home to lawyers with specialist expertise in funds, financial services regulation, tax structuring and acquisition finance. The group is equipped to support on both domestic and multijurisdictional mandates and operates across a varied roster of industries including retail, media, fashion, luxury goods, food and manufacturing. Practice head Alessandro Marena has transacted over 150 M&A deals over recent years, on behalf of both private equity funds and institutional clients; he is supported by ‘top-level professionalAscanio Cibrario , as well as up-and-coming partners Luca Saraceni and Andrea Faoro, the latter of whom is developing notable expertise in respect of assisting fund and investment companies.

Practice head(s):

Alessandro Marena

Other key lawyers:

Ascanio Cibrario; Luca Saraceni; Andrea Faoro; Luca Rossi Provesi

Testimonials

‘Ascanio Cibrario and Luca Rossi Provesi – technically flawless professionals, able to look at deals from innovative points of view and devise original solutions to the problems we encounter.’

‘The Pedersoli team has always shown itself to be available and supportive, and has never been discouraged, even in the most difficult phases of the various deals.’

‘We appreciate the ease of working with them, in terms of project definition, staffing of resources, technological resources, and transparency of the fee.’

‘Ascanio Cibrario and Luca Rossi Provesi: exceptional preparation. True advisors – in the sense that they are able to put legal issues in the right perspective for the client, and provide advice on the way forward. Very commercial, they are never blocked by technical aspects.’

‘Ascanio Cibrario stood out for his competence, professionalism and ability to understand the specific situation.’

‘With Andrea Faoro you are sure to obtain top legal competence, absolute availability.’

‘Alessandro Marena – Speed of execution, understanding of negotiation dynamics, ability to relate to clients. Lawyer to whom you can entrust a 360-degree project with total confidence.’

‘Always at the forefront of transactions of great importance.’

Key clients

FSI – Fondo Strategico Italiano

Alpha Private Equity

Quadrivio & Pambianco

Credem Private Equity SGR

QCapital

Fondo Italiano d’investimento SGR

Ambienta SGR

Riello Investimenti Partners SGR

Clessidra SGR

Made in Italy Fund

Tages Capital SGR

Avenue Capital

Migal Group

Gyrus Capital

Work highlights

  • Assistance to FSI and all the shareholding banks in the agreement for the sale to ION of their respective equity stakes in Cedacri, a leading Italian operator of core banking software and IT services for banks and financial institutions. The transaction is valued at €1.5bn.
  • Assistance to Etro in the acquisition by L Catterton, the largest global consumer-focused private equity firm, co-founded by LVMH, through Gefin, controlling shareholder belonging to the Etro family, of a majority stake in Etro.
  • Assistance to Quadrivio & Pambianco in the acquisition, through the Made in Italy Fund, of a majority interest in GCDS, a fashion brand established in 2015 by Giuliano and Giordano Calza brothers.

White & Case LLP Italy

White & Case LLP Italy’s practice is spread across three core pillars, namely assisting with inbound investments from financial sponsors and funds, supporting portfolio companies in respect of their growth strategies and guiding corporates through their company or asset-related sales to private equity players. The Milan-based team often operates in close tangent with the firm’s global private equity practice and is equipped to offer on-site Italian, English and US legal advice. Alessandro Seganfreddo, Ferigo Foscari, Michael Immordino  and Leonardo Graffi jointly head the practice and have considerable experience in high-end M&A and private equity deals, both domestic and multinational.

Practice head(s):

Ferigo Foscari; Leonardo Graffi; Michael Immordino; Alessandro Seganfreddo

Testimonials

‘Very strong team. Strong and extremely competent lawyers’

‘Individuals are extremely high-caliber people.’

‘Leonardo Graffi is a lawyer truly to be noted for his competence, professionalism and availability towards the client.’

Key clients

Accelero Capital

Ambienta SGR

Antin Infrastructure Partners

Arjun Infrastructure Partners

BC Partners

Blackstone Tactical Opportunities Advisors

Capvis Equity V

Centerbridge

CEE Equity Partners

Cobepa

CVC Capital Partners

Elliott Capital

Evolution Equity Partners

First Sentier Investors

FSI SGR

Goldman Sachs International

IK Investment Partners

Infracapital

InfraVia Capital Partners

Megg Invest

Muzinich

Peninsula Capital

PFH Palladio Holding

Summit Partners

Tengram Capital Partners

Trilantic Capital Partners

Verlinvest

VGO Capital Partners

Allen & Overy - Studio Legale Associato

Allen & Overy – Studio Legale Associato is geared for seamless support on cross-border mandates, owing to the Italy team’s close integration with the firm’s broader international network. The private equity team demonstrates significant corporate, leveraged finance, investment fund and securitisation expertise and is able to call upon its colleagues in tax, employment, public law and real estate where necessary. Giovanni Gazzaniga, Paolo Ghiglione and Paolo Nastasi jointly head the practice, operating across a wide variety of sectors including TMT, food and beverages, industrial, manufacturing and energy.

Practice head(s):

Giovanni Gazzaniga; Paolo Ghiglione; Paolo Nastasi

Testimonials

‘Highly motivated team that works as a team with the aim of relieving the customer as much as possible in the management of an extraordinary operation, effectively guiding him straight to the closing.’

‘Paolo Nastasi is incisive, highly motivated and has a proactive and pragmatic approach.’

‘Very strong in negotiating our interests. They think out of the box to find creative solutions.’

‘Paolo Nastasi is outstanding: technically flawless, professional with excellent negotiating skills and able to identify the correct mediation during the negotiation.’

‘Small but very strong M&A team. Up to date on latest market practices and able to suggest creative ways of dealing with difficult negotiating situations, without assuming additional contract risk.’

‘Individual team members regularly go above and beyond in ensuring client service.’

‘The A&O Italy PE team provide extremely high quality work – but are also extremely commercial and pragmatic. They have great credibility in the Italian PE market, and excellent knowledge of issues faced by financial sponsors.’

‘Experience in the digital infrastructure sector (in particular in-house telecoms regulatory expertise) was a main point of difference. Partner availability (in particular Giovanni Gazzaniga) was exceptional.’

Key clients

21 Invest

Aermont Capital

Alantra EQMC Asset Management

Apax Partner

Apollo Global Management

Bencis Capital Partners

Epic SIM

EQT

DBAG

Kew Capital

MIR Capital

Pamplona Capital Management

Starwood Capital

Synergo SGR

The Riverside Company

Work highlights

  • Advising the funds managed by Apollo Global Management, through newco Rimini Bidco Srl, on the acquisition of a majority stake in Reno De Medici, a leading producer of recycled cartonboard in Europe dual-listed on the Italian and Madrid stock exchanges, from its two top shareholders, Cascades and Canadian pension fund Caisse de dépot et placement du Québec.

CMS

CMS has strength in finance, capital markets, tax, competition and regulatory matters, in addition to a wealth of transaction types. Paolo Scarduelli leads the private equity practice, handling deals in a range of sectors including technology, media and communications, automotive, banking and insurance; his team is integrated with the global CMS Funds Group which supports key players with fund formation, fund merger, restructuring and debt finance mandates, among others.

Practice head(s):

Paolo Scarduelli

Other key lawyers:

Pietro Cavasola; Massimo Trentino; Paolo Bonolis; Andrea Arcangeli

Testimonials

‘The firm has excellent international colleagues.’

‘There is always a reference partner to deal with.’

‘Great attention to the customer and to support them in different and new phases of particular operations.’

‘Great willingness to deal with new issues and proposals to identify innovative solutions.’

‘It is able to adapt to local needs also in terms of price by adopting a specific policy and not limiting itself to international schemes.’

Key clients

Mr. Alex Knaster/Pamplona Fund

York Capital

Authentic Brands Group, Sparc

STS Group AG / Mutares

Nahrin AG

Landini Giuntini S.p.A.

Tubilux Pharma

TIM Ventures

Columna Capital Fund

SCM SIM S.p.A.

Lemanik Asset Management

Azimut Libera Impresa – Corporate Cash I

Swiss Crypto Advisors

Mr. Alex Knaster/Pamplona Fund

York Capital

Authentic Brands Group, Sparc

STS Group AG / Mutares

Nahrin AG

Landini Giuntini S.p.A.

Tubilux Pharma

TIM Ventures

Columna Capital Fund

SCM SIM S.p.A.

Lemanik Asset Management

Azimut Libera Impresa – Corporate Cash I

Swiss Crypto Advisors

Work highlights

  • Representing Mr Alex Knaster/ Pamplona in the purchase of the majority of Pisa Calcio, the historic Tuscan soccer club. The transfer of 75% of the company shares, and therefore of the current majority shareholding, from the Ricci and Paletti families to Alex Knaster, who acquired them personally and not through his investment fund, was formalised.
  • Assisting the family shareholders in the sale to PPF (Cinven Group) of the entire corporate capital of Landini Giuntini.
  • Assisting TIM Ventures with the acquisition of a relevant stake in Satispay (an Italian company leader in the digital payment sector) for a value exceeding €95m.

Dentons

At Dentons, the Milan-based team forms a piece of one of the largest corporate M&A and private equity practices globally, totalling over 2,000 lawyers. Proficient in representing both funds and sellers, the practice is geared to support on the full lifecycle of matters, from acquisitions through to tax structuring and subsequent exit strategies. Alessandro Dubini fronts the practice which is able to rely on expertise from the firm’s M&A, banking and finance, competition, public law and regulatory practices, among others.

Practice head(s):

Alessandro Dubini

Key clients

Vauban Infrastructure Partners

Lifebrain

P&G SGR S.p.A.

Springrowth SGR

Value Italy SGR S.p.A.

Pygmalion Capital Advisers

Annabel Holding S.r.l.

Felis Private Equity Fund

Maire Investments S.p.A.

Gemini Office Services UK Limited

Work highlights

  • Assisting Vauban Infrastructure Partners with the acquisition of 75% stake in Progeni S.p.A., a special purpose vehicle that manages the concession contract for the provision of non-medical services for the Niguarda Hospital in Milan.  
  • Assisisting Annabel Holding, Nicola Bulgari’s investment holding company, in relation to the subscription of the reserved capital increase resolved upon by the shareholders’ meeting of Alchimia S.p.A., in compliance with the agreement entered into by its shareholders in 2019 that allowed Annabel Holding to increase its stake in the company in 2021.
  • Assisting Pygmalion Capital Advisers with the acquisition of the Hilton Florence Metropole and the Hilton Garden Inn Florence Novoli, located in Florence. A new closed-ended reserved real estate alternative investment fund with an umbrella structure was set up in order to complete the acquisition and to carry out similar transactions in the future.

DLA Piper

DLA Piper’s private equity transactional work in Italy is spread across sell side, buy side and management side representation. The practice, which is co-led by Giulio Maroncelli and Wolf Michael Kühne, is also home to an investment management and funds practice comprising lawyers well-versed in regulatory compliance, fund formation and asset management. Alessandro Piermanni, an expert in the fashion, luxury and white goods, food and life sciences sectors, is active in this space, as is the ‘excellentGabriele Arcuri, a new arrival from Gianni & Origoni.

Practice head(s):

Wolf Michael Kühne; Giulio Maroncelli

Other key lawyers:

Alessandro Piermanni; Gabriele Arcuri

Testimonials

‘They demonstrate excellence in the PE sector, thanks to experience, sensitivity to customer needs and availability.’

‘Gabriele Arcuri is a professional with excellent experience and ability to manage complex issues in the context of all M&A operations and in particular PE.’

‘Commitment of professionals.’

‘Flexibility of logical approach to problem solving.’

Key clients

Sun Capital Partners

HG Capital Trust

NEIP III

AS Roma SPV LLC

Cognita Holdings Limited

Azimut Libera Impresa SGR S.p.A.

CDP Venture Capital SGR S.p.A

Invimit SGR

Hines Italy RE

Generali Investment Partners SGR S.p.A.

Work highlights

  • Represented AS Roma SPV, LLC, the majority shareholder of Italian soccer club AS Roma, in the sale of its controlling interest in the team and certain related assets to The Friedkin Group, Inc.
  • Acted on the exit of the PE fund NEIP III from ISA – Altanova Group S.r.l., active in the diagnostic and monitoring equipment for electrical assets for generation, transmission & distribution networks and industry, simultaneously with the sale of 100% of the corporate capital to an industrial player Esco Technologies (US public company).
  • Assisted Link Mobility Group, Norwegian group specialised in mobile communication, in finalising the agreement with the shareholders of AMM, securing more than 80% of the shares of the Italian company active in the web marketing market.

Gatti Pavesi Bianchi Ludovici

Gatti Pavesi Bianchi Ludovici hones its focus on the larger and middle market deals space, providing support on high-profile buyouts, growth equity deals and growth company representations. The practice, which is led by the experienced Gianni Martoglia, is active in industries as diverse as technology, healthcare, financial and business services, manufacturing and consumer services, drawing on the firm’s wider expertise in tax, investment management and financial institutions regulation where necessary. Name partner Carlo Pavesi brings a wealth of experience in transacting high-end deals to the table and junior partner Gianpaolo Scandone is forging a prominent reputation for acquisitions related to both listed and non-listed companies.

Practice head(s):

Gianni Martoglia

Other key lawyers:

Carlo Pavesi; Gianpaolo Scandone; Andrea Giardino; Stefano Valerio; Franco Barucci

Testimonials

‘Excellent knowledge of market practice, authoritative when dealing with other firms.’

‘Very good and helpful.’

‘Great professionalism.’

‘Strong attitude to the conclusion of deals.’

 

Key clients

Ambienta SGR

Armonia SGR

Azimut Libera Impresa

B Group S.p.A.

Eulero Capital

Europe Capital Partners VI SCA

Fondo Italiano d’investimento

NB Aurora

NB Renaissance Partners

Work highlights

  • Advised the Equity Club, club deal promoted by Mediobanca together with Roberto Ferraresi and Gianmarco Gandolfi, on the acquisition of Lincotek.
  • Advisesd NB Aurora on the acquisition, through the vehicle NB Aurora Holdings S.à r.l., of a minority stake in the share capital of Veneta Cucine S.p.A.
  • Assisted Europe Capital Partner VI in the sale of Induplast to Azimut SGR and Armonia SGR.  

Giovannelli e Associati Studio Legale

Giovannelli e Associati Studio Legale was established in 2013 and comprises of lawyers with experience at several of the market’s leading firms, both domestic and multinational. Managing partner Alessandro Giovannelli is extensively experienced in supporting private equity funds and entrepreneurs in respect of their investments and divestitures into Italian and overseas companies; his team is able to draw upon the firm’s wider expertise in M&A, banking and finance, capital markets and tax to provide a comprehensive range of private equity-related services.

Other key lawyers:

Alessandro Giovannelli; Fabrizio Scaparro; Matteo Delucchi

Key clients

ALPHA TEST (WHITEBRIDGE INVESTMENTS)

ANIMALIA

ARDIAN

AZELIS

AZIMUT

CARGOTEC CORPORATION

DEDALUS HOLDING

GKN GROUP

IDEA AGRO

ITALMATCH CHEMICALS GROUP

MANDARIN CAPITAL PARTNERS III

MELROSE INDUSTRIES PLC

OBJCTWAY

SPECCHIASOL

WHITEBRIDGE INVESTMENTS

Work highlights

  • Advised Ardian and Dedalus Group in relation to the corporate law aspects of the Dedalus group and the agreements between Ardian, Giorgio Moretti and Health Holding Company in the closing of the acquisition of DXC Technology’s healthcare IT business.
  • Advised Ardian on the acquisition of a majority stake in Jakala, the first MarTech group in Italy and among the top 5 in Europe, through the fund Ardian Buyout.
  • Advised all the selling shareholders, including Ardian Growth fund, on the sale of a majority stake to the private equity fund Gradiente II, managed by Gradiente SGR S.p.A. FiloBlu S.p.A. is a business accelerator specialised in the management of online retail activities and digital services mainly for the fashion and consumer goods sectors.

Hogan Lovells International LLP

Hogan Lovells International LLP's team provides a full-service offering to private equity funds, from formation and acquisition matters through to portfolio oversight and support through the exit phase. The team has a core focus on deal structuring, especially in respect of tax and restructuring considerations. Practice head Luca Picone is particularly accomplished within the energy, telecoms, luxury goods, food and medical device industries.

Practice head(s):

Luca Picone

Other key lawyers:

Antonio Di Pasquale; Leah Dunlop; Francesco Stella

Key clients

21 Invest

DGS S.p.A.

One Rock Capital

Trilantic Capital Partners Europe

Work highlights

  • Legal assistance to Fressnapf Beteiligungs GmbH (shareholder of Maxi Zoo Italia) that, together with Cinven, by means of a minority investment acquired Arcaplanet from Permira.
  • Advising the first three Italian companies to be acquired by Florence S.p.A., the new luxury production pole in Italy established by the private equity fund VAM Investments and Fondo Italiano d’Investimento, and advising four further luxury manufacturers on their acquisition by Florence.
  • Assistance to the founders, co-CEOs and shareholders of DGS S.p.A., a leading Italian IT specialist, with its buy-out by H.I.G. Europe, an affiliate of H.I.G. Capital.

McDermott Will & Emery Studio Legale Associato

McDermott Will & Emery Studio Legale Associato's team is proficient in cross-border deals, particularly those encompassing other European nations, and also has strength in a broad array of matters including acquisitions, investments and disposals in addition to fund formation and tax considerations. Emidio Cacciapuoti  and Ettore Scandale jointly head the team which counts the financial, automotive, healthcare, life sciences, retail, engineering, TMT and real estate sectors among its key fields of expertise.

Practice head(s):

Emidio Cacciapuoti; Ettore Scandale

Other key lawyers:

Agata Todarello; Enrico Raso; Fabrizio Faina

Testimonials

‘It is a very experienced team on regulatory issues, asset management, team management, relations with investors. etc.’

‘The team is very helpful, open, flexible and helps the customer to think about issues that are not always obvious. In terms of costs, they never exhibit rigid characteristics.’

‘Clearly better than its competitors in terms of quality / price.  Strong perception of market trends.’

‘A multidisciplinary team which provides in-depth assistance.’

Key clients

Palamon Capital Partners

ES Vedra Capital Advisors LLP

Principia SGR

Muuh s.r.l

Lambda S.p.A.

KPM Analytics

JZ International Limited

G Square Capital

H.I.G. Middle Market

Synergo Capital SGR S.p.A.

CDP Capital Venture SGR S.p.A.

Work highlights

  • Advised KPM Analytics, a provider of analytics technology for the food, agriculture and environmental sectors, on the acquisition of EyePro System S.r.l. from the previous shareholders Andrea Bertuolo, Massimo Boninsgegna, Enthofin S.r.l. and Marco Aste.
  • Advised JZ International on the acquisition of Lighthouse S.p.A.
  • Supported Palamon Capital LLP (Fairconnect S.p.A.) with the respective acquisitions of Midori S.r.l. and DriveQuant.  

Molinari Agostinelli

Molinari Agostinelli represents Italian and international private equity funds on the full array of transactional and corporate affairs, directing particular attention to deal structuring and governance issues. Margherita Santoiemma supports on M&A, leveraged buy-out and acquisition finance matters with distinct expertise in the purchase and management of real estate portfolios; she jointly leads the team alongside Ugo Molinari.

Practice head(s):

Ugo Molinari; Margherita Santoiemma

Other key lawyers:

Marco Laviano

Testimonials

‘They have a great technical capacity in identifying and solving legal problems combined with a unique negotiating capacity to support the client and the operation.’

‘Ugo Molinari: great technical competence – strong negotiation skills especially in more complex transactions – ability to simplify (not trivialise) complex situations.’

‘Margherita Santoiemma: great ability for cross border analysis between banking / restructuring and M&A that allows you to map in detail all the risks and problems in a short time so as to be able to change any KP in the negotiation.’

‘Great team with great experience and preparation.’

‘Very helpful and knowledgeable professionals.’

Key clients

DEA CAPITAL ALTERNATIVE FUND

YORK CAPITAL MANAGEMENT

ALTO PARTNERS SGR

PROGRESSIO SGR

SONY SEMICONDUCTOR SOLUTIONS

J HIRSCH

CLESSIDRA RESTRUCTURING FUND

VGO CAPITAL PARTNERS

QUATTRO R

IGI SGR

Work highlights

  • Advised a Consortium of Investors on the acquisition of Golmar, an Italian group active in the manufacturing and distribution of sanitation products.
  • Advised IGI SGR on the purchase from the Farina family of the entire share capital of OME Metallurgica Erbese and Stampinox.

Pavia e Ansaldo

Pavia e Ansaldo's private equity team has been kept busy supporting on buy-outs and build strategies in some of Italy’s most active sectors, namely luxury goods, industrial, agriculture and food. Stefano Bianchi leads the department which includes Giuseppe Besozzi, who is especially well-versed in deals with an international contract or corporate restructuring element, as well as Meritxell Roca Ortega, a go-to for transactions which intersect the domestic and Spanish markets.

Practice head(s):

Stefano Bianchi

Other key lawyers:

Giuseppe Besozzi; Meritxell Roca Ortega; Alberto Bianco; Mia Rinetti

Testimonials

‘The in-depth expertise, and the knowledge of market good practices, allows them to provide very concrete legal assistance and support.’

‘Mia Rinetti represents significant excellence.’

Key clients

Arcadia SGR

Astorg Partners

Dea Capital Funds SGR S.p.A.

Devi Kroell

Equilybra

Ethica Global Investments S.p.A.

HIG Capital

IPE (INVESTMENTS IN PRIVATE EQUITY)

Itago Partners

Italglobal Partners

Itelyum Regeneration S.r.l. (formerly Viscolube S.r.l.)

Customs Support Group B.V.

Castik Capital Partners GmbH

Orienta Partners

Stirling Square Capital Partners LLP

Surfaces Technological Abrasives S.r.l.

Xenon Private Equity

Work highlights

  • Advised Surfaces Group, a major Italian industrial player controlled by leading French private equity firm Astorg Partners, on its sale to US private equity giant TA Associates.
  • Advising the European affiliate of US private equity giant H.I.G. Capital on the sale of Texbond to fellow private equity and alternative investments player Quadrivio Group.
  • Advising Customs Support Group, a Rotterdam-based customs consultancy, controlled by Castik Capital Partners, on its acquisition of Italian customs consultancy Ser.Nav.

Simmons & Simmons

Simmons & Simmons provides a comprehensive range of private equity-related services including investment, divestment, tax structuring, corporate governance, financing, dispute and restructuring mandates. Italy country head Andrea Accornero leads the practice which includes Dario Spinella, the key contact for the firm’s Asia desk.

Practice head(s):

Andrea Accornero

Other key lawyers:

Dario Spinella

Key clients

Chequers Capital

Wise Equity SGR S.p.A.

IGI Private Equity

GCDS S.r.l.

RiverRock European Capital Partners LLP

Work highlights

  • Advised Wise Equity SGR S.p.A. on the agreement for the acquisition of 60% of the capital of Cantiere del Pardo.
  • Advised Wise Equity SGR S.p.A., through its portfolio company Innovery S.p.A., on the acquisition of the entire corporate capital of NB Service S.r.l.
  • Advised Wise Equity SGR S.p.A. on the agreement for the acquisition of a minority stake in the capital of Selle Royal S.p.A.

Carnelutti Studio Legale Associato

Carnelutti Studio Legale Associato has been particularly active in the healthcare and life sciences sectors of late. Carlo Pappalettera is increasingly developing a reputation for inbound investment work into Italy; he jointly leads the group with Luca Arnaboldi, a specialist in the luxury and fashion, media and real estate fields.

Practice head(s):

Carlo Pappalettera; Luca Arnaboldi

Key clients

F2i SGR S.p.A.

Kedrion S.p.A.

KOS S.p.A.

Mondodelvino S.p.A.

Progressio SGR S.p.A.

Work highlights

  • Advised the healthcare group Kos (controlled by CIR Group and partially owned by F2i), on the signing of a binding agreement with Inframedica, a company controlled by the investment management company Dws Alternatives Global Limited. The agreement settles the transfer from Kos to Dws of 100% of the shares of Medipass.
  • Advised the Martini family on the selling of a majority stake to Clessidra of Mondodelvino.

DWF

DWF fields a team with the capacity to support at all stages of private equity investments, from creation and structuring through to implementation. Luca Cuomo heads the team, which is engaged on a wealth of matters including acquisitions, spin-offs, restructurings, asset management and governance structures.

Practice head(s):

Luca Cuomo

Other key lawyers:

Michele Cicchetti

Key clients

VAM Investments Group S.p.A.

Headway Capital Partners LLP

Florence Consulting Group S.r.l.

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.

Ciemmeci Fashion S.r.l.

Mely’s Maglieria S.r.l.

DMG Mori AG

Giglio.com S.r.l.

Immobiliare.it

BCI Holding Europe

I.P.A.M. – Industrie Prodotti Alimentari Manenti S.r.l.

ElipsLife (Swiss Re Group) – The Italian life insurance branch of the Swiss Re Group

Vestigo Capital Private Equity & Advisory – A UK-based private equity fund

Consulcesi Tech SA – The company of Consulcesi Group active in the blockchain technology

Walliance – The leading Italian real estate crowdfunding portal

Doorway S.r.l. – Equity investing portal

Fujitsu Group

BF & Company S.p.A.

Panino Giusto S.p.A.

Rothenberger Group

Olon S.p.A.

STEAG Solar Energy Solutions (SENS)

Valtellina SpA

Enfinity NV

Stemmer Imaging AG

Finint S.p.A.

LCA Studio Legale

Led by Roberto de Bonis, the team at LCA Studio Legale represents a roster of private equity and venture funds, institutional investors and business angels in respect of all investment types, namely equity, debt and hybrid. The team is proficient in due diligence, corporate governance models and efficient tax structuring, among other mandates, and also has expertise in assisting private equity firms in setting up LBOs and MLBOs.

Practice head(s):

Roberto de Bonis

Other key lawyers:

Benedetto Lonato; Riccardo Massimilla; Andrea Messuti; Vittorio Turinetti di Priero

Key clients

Colussi S.p.A.

H-Farm S.p.A.

DeA Capital Alternative Funds SGR – Fondo Agro

Business Integration Partners S.p.A.

IKRIX S.p.A.

Ligurcapital S.p.A.

Mansutti S.p.A.

Xenon Private Equity

AVM Private Equity

Fondo Italiano d’Investimento SGR S.p.A.

Energydome S.p.A.

FOS S.p.A.

Centro Basile S.p.A.

Broma S.r.l.

Altilia S.r.l.

Gelesis Inc. and Gelesis S.r.l.

Soplaya S.r.l.

Growth Club Capital

Hayfin Capital

FBS Next S.p.A.

Formula-Impresoft S.p.A.

Work highlights

  • Assisting Xenon Small Cap in the acquisition of a 70% stake in GN Techonomy S.r.l.
  • Assistance to Gelesis Inc. and Gelesis S.r.l. in a transaction which has seen Fondo per la Ricerca e l’Innovazione S.r.l. (RIF) invest in Gelesis S.r.l.
  • Assisting Formula Impresoft S.p.A., controlled by Xenon Private Equity Fund, in the acquisition of Nexttech S.r.l., Propolar S.r.l. and Qualitas Informatica S.p.A.

LMCR

LMCR is acclaimed for its work on early-stage investments in addition to leveraged buy-outs and buy-in transactions. The team, which is co-led by Massimo La Torre and Roberto Rio, is involved at all stages of a transaction from structuring and the preparation of corporate governance structures through to shareholders’ agreements and the exit phase. Key sectors include pharmaceuticals, industrial, energy, leisure, retail and transport, among others.

Practice head(s):

Massimo La Torre; Roberto Rio

Other key lawyers:

Angelo Romano; Elmar Zwick

Testimonials

‘The M&A team is very prepared, flexible and proactive in finding the best solution for the customer.’

‘Roberto Rio – Technically very prepared, but also very good in establishing the right relationship with the customer, whether represented by financial investors or private entrepreneurs.’

‘Always available and proactive Elmar Zwick –  a guarantee of professionalism.’

Key clients

Trilantic Europe

Mandarin Capital Partners

L Catterton

Waterland Private Equity

Alto Partners

Argos Wityu

Bregal Unternehmerkapital

Aequita SE

Orrick, Herrington & Sutcliffe

Orrick, Herrington & Sutcliffe is particularly knowledgeable in the technology sector, a key industry of focus for the firm globally. The practice demonstrates strength in buyout, merger, investment and venture capital transactions, predominantly within the mid-market space. Guido Testa heads the team which acts for a mixture of investors and target companies. Marco Nicolini left the firm in late 2021.

Practice head(s):

Guido Testa

Other key lawyers:

Attilio Mazzilli; Alessandro Vittoria; Andrea Piermartini Rosi

Testimonials

‘Highly experienced and always available lawyers.’

‘Guido Testa is an extremely experienced lawyer, very constructive in negotiation and always available.’

‘Availability of the team.

‘Diplomacy of the partner we worked with (Guido Testa).’

Key clients

Deliveristo

Together Price Ltd

GP Bullhound

HAT SGR

Ethica Global Investments S.p.A

Translated

Aqseptence Group

Allelica S.r.l

Everli

Shippy Pro

Fido S.r.l.

Panakés Partners

Ancorotti family

Termostore

CDP Venture Capital SGR

Synergo Capital SGR + Sinergia Venture Fund

United Ventures

AVM Gestioni

Lightrock (ex Lgt Lightstone)

Aster Capital Partners

River Group

Team System

Conio

Kreos Capital

Caslini family (Bianalisi)

Work highlights

  • Advised the Caslini family, as majority shareholder, on the agreement with the Columna Capital fund, as minority shareholder, for the sale of a majority stake in Bianalisi S.p.A.
  • Advising leading tech investment and advisory firm GP Bullhound on its investment in Vivino via a $155m Series D round led by Kinnevik.
  • Advising Everli, an Italian online grocery delivery platform, on its $100m Series C financing led by Verlinvest S.A., a Brussels-based private investment group.