Firms To Watch: Private equity

Led by Alberto Salvadè from Milan, Bird & Bird's team advises angel investors, private equity and debt funds, corporate investors, incubators, accelerators, and funding platforms on private equity-related LBOs, senior and mezzanine debt, securities, and management packages.
In late 2022, CBA Studio Legale e Tributario grew its private equity practice through the hiring of Riccardo Papetti, who advises Italian and international private equity funds on capital expansion operations, buy-outs and corporate restructuring-related investments, from ADVANT Nctm.
Active on behalf of both investment funds and industrial entities, Giliberti Triscornia e Associati's private equity offering is headed by Milan-based Alessandro Triscornia, who regularly acts on large private equity, corporate M&A and restructuring transactions.
Active on behalf of digital, media, technology and life sciences funds, Portolano Cavallo bolstered its Milan practice during 2023 through the recruitment of private equity deal specialists Andrea Gritti and Gianpaolo Scandone from Gianni & Origoni and Gatti Pavesi Bianchi Ludovici, respectively.

Private equity in Italy

BonelliErede

BonelliErede‘s multi-disciplinary team advises on the gamut of private equity work, including public and private M&A. The group also comprises experts in Italian and cross-border fund formation, tax and regulatory issues, lending, and the tax structuring of acquisitions, reorganisations and exits. M&A practitioner Eliana Catalano leads the private equity-focused team, which includes corporate law experts Giulia Bianchi Frangipane and Stefano Nanni Costa; luxury sector specialist Umberto Nicodano; M&A, corporate law and business contract expert Augusto Praloran; and Francesca Ricceri, who advises on M&A, private equity and commercial agreements.

Practice head(s):

Eliana Catalano


Other key lawyers:

Giulia Bianchi Frangipane; Stefano Nanni Costa; Umberto Nicodano; Augusto Praloran; Francesca Ricceri


Testimonials

‘Partnership approach and standout professionals.’’

‘Availability, competence, and a great ratio between cost and results.’

‘The Bonelli team is extremely competent in all M&A issues, always present during negotiations, and very punctual. Clients really feel assisted and supported.’

‘The team led by Giulia Bianchi Frangipane outperforms counterparts.’

Key clients

Silverlake


Corsair Capital LLC


Investindustrial


Progressio sgr


Bruin Capital


Bravo Capital Partners II


Work highlights


  • Advised GOI Energy on the execution of a December 2022 agreement with Litasco for the acquisition by GOI Energy of the entire corporate capital of ISAB.
  • Advised Progressio Sgr on a transaction by which Ardian acquired a majority stake in Assist Digital, a European provider of end-to-end customer experience services and digital CRM technology.
  • Advised Silver Lake (US-based private equity firm) on the acquisition of a majority stake in Facile.it from EQT VIII fund and Oakley Capital.

Chiomenti

Chiomenti‘s team has a strong reputation for LBO strategies, along with an enviable track record in structured investments in private and listed companies. The group is co-led by international contract expert Franco Agopyan and Mario Roli, an adviser to industrial operators and funds on acquisitions. The team further features senior partner Carlo Croff; managing partner Filippo Modulo; Elena Busson, who advises private equity funds on M&A; and Luigi Vaccaro, an adviser to Asian investors. Additional key figures are Antonio Sascaro, Massimiliano Nitti, Edoardo Canetta Rossi Palermo, and Giovanni Colantuono.

Practice head(s):

Franco Agopyan; Mario Roli


Other key lawyers:

Carlo Croff; Filippo Modulo; Elena Busson; Luigi Vaccaro; Antonio Sascaro; Massimiliano Nitti; Edoardo Canetta Rossi Palermo; Giovanni Colantuono; Vincenzo Troiano; Corrado Borghesan; Maria Vittoria Marchiolo; Maria Pia Palma; Tommaso Caciolli


Testimonials

‘Strong Italian law firm with tested international presence.’

‘Good diversification of expertise.’

‘Franco Agopyan is a go-to lawyer in terms of M&A for PE funds.’

‘Franco Agopyan is a very sophisticated and experienced professional, who is able to coordinate complex situations – very much available and fully dedicated to his clients.’

Key clients

SK Capital Partners


One Equity Partners


Ontario Teachers’ Pension Plan


GIC


BC Partners


Capvis


Cerberus


Charterhouse


CVC


Lonestar


Lion Capital


Investindustrial


Cinven


NB Renaissance


Clessidra


F2i SGR S.p.A.


FSI Sgr


Searchlight


OpCapita


QuattroR


Pitney Bowes Inc.


IGI SGR S.p.A.


Apollo


Aliante Partners


KPS


Hourglass


Kohlberg Kravis Roberts & Co Partners Llp


Blackrock


Ion Investment Group


Portobello Capital


Stirling Square Capital Partners


CDP Venture Capital SGR S.p.A.


NUO


Alpha Private Equity


Nextalia SGR


Atlantia


H.I.G.


Altor


Work highlights


  • Advising Ion Investment Group on the agreement for the acquisition of Cedacri, the Italy-based banking software group.
  • Advising private equity funds on the sale to Nordson Corporation of Arag Group.
  • Advising Silver Lake on the acquisition of a minority stake in TeamSystem from Hellman & Friedman for €600m.

Gianni & Origoni

Gianni & Origoni‘s team is particularly involved in matters involving the retail, insurance, infrastructure, health, Pharma, fintech, and fashion and luxury sectors. The group is jointly led by renowned M&A practitioner Francesco Gianni; private equity, LBO and venture capital expert Stefano Bucci; Gianluca Ghersini, who focuses on private equity work; and ‘seasoned M&A lawyerRaimondo Premonte. The department also showcases Gabriele Ramponi, an adviser to private equity funds on investments and divestments; and Aldo Turella, who focuses his practice on M&A, venture capital, private equity, and corporate and commercial law.

Practice head(s):

Francesco Gianni; Stefano Bucci; Gianluca Ghersini; Raimondo Premonte


Other key lawyers:

Gabriele Ramponi; Aldo Turella; Federico Dettori


Testimonials

‘What makes Gianni & Origoni so special is the experience and network of the partners. Having managed many different situations in the past, they always have the right solution for delicate situations.’

‘The team is very experienced and responsive.’

‘The individuals, and specifically the partners, are very involved and effective in negotiations.’

‘The firm is unique because of its outstanding team, which combines legal knowledge with in-depth understanding of the private equity markets.’

‘Clients particularly value their aptitude for coming up with unique solutions, as well as their inventiveness and problem-solving abilities.’

‘They provide great outcomes in the challenging area of private equity law, thanks to their innovative mindset and adaptability.’

‘Stefano Bucci is one of the best lawyers around, while Raimondo Premonte is a very strong and seasoned M&A lawyer.’

‘Gianluca Ghersini and Gabriele Ramponi are the two lawyers to call first when clients need a corporate lawyer – always available to discuss and address difficult topics, finding good compromises to resolve difficult situations.’

Key clients

Albourne Partners Ltd


Alcedo


Ambienta SGR


Antin Infrastructure Partners


Atlas SGR


Seven2 (formerly Apax Partners)


Apeiron Management


Ardian Buy Out


Ardian Expansion


Argo Partners


Armònia SGR


Arsenal Capital Management LP


Bain Capital


BlackRock


Blackstone


BlueGem Capital Partners


Bridgepoint


Cassa Depositi e Prestiti


Chequers Capital


CDP Equity S.p.A.


CDP Venture


Cinven Partners LP


DeA Capital Alternative Funds SGR


EOS Investment


EQT Partners


Ergon Capital Partners


Fideuram SGR


F2i SGR S.p.A.


FSI SGR SPA


Fondo Italiano d’investimento


Global Infrastructure Partners


G Square Healthcare Private Equity LLP


Goldman Sachs


Groupe Bruxelles Lambert


HAT


InfraVia Capital Partners


Kohlberg Kravis Roberts


ICG Intermediate Capital Group


Lion Capital


Neuberger Berman


Peninsula Capital


Riello Investments SGR


Russell Investments


Sixth Street


Thoma Bravo


Three Hills Capital Partners


Triton


Value Italy


Work highlights


  • Advised Fondo Italiano d’investimento, VAM Investments and Italmobiliare on the sale of a majority stake in Gruppo Florence to Permira.
  • Assisted F2i with the sale of a 78.4% stake in Irideos to Asterion Industrial Partners.
  • Advised Ardian France on the acquisition of Nutraskills.

Latham & Watkins LLP

Experienced in both inbound and outbound Italian private equity deals, Latham & Watkins LLP's team is particularly well known for advising global private equity houses on large-cap deals. M&A, private equity, joint venture and cross-border transaction specialist, Stefano Sciolla, heads up the group, which includes Cataldo Piccarreta, who routinely acts for private equity sponsors and portfolio companies. The practice further includes Giovanni Sandicchi, who predominantly focuses on contract and corporate law; and Giancarlo D’Ambrosio, an adviser to private equity funds and their portfolio companies. Giorgia Lugli is another key practitioner.

Practice head(s):

Stefano Sciolla


Other key lawyers:

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


Testimonials

Great business acumen and understanding of what is relevant.

360-degree advisers for clients and not only legal aspects.

Stefano Sciolla – outstanding business acumen and understanding of deal dynamics.

Key clients

The Carlyle Group


Bain Capital


Partners Group


Apollo


Platinum Equity


TA Associates


EQT


CVC Capital Partners


PAI Partners


BC Partners


Bluegem


Paladin


Permira


Astorg


DBAG


Advent International


Bregal Unternehmerkapital


Nextalia


TPG Europe


Work highlights


  • Advised Bain Capital Private Equity on its €3bn joint ownership agreement for Fedrigoni with BC Partners.
  • Advised Bain Capital Private Equity on the €1bn acquisition of F.I.S. Fabbrica Italiana Sintetici from Nine Trees Group.
  • Advised EQT on the €1bn sale of Facile.it, Italy’s largest online price comparison platform, to Silver Lake.

Legance - Avvocati Associati

Part of its corporate finance practice, Legance - Avvocati Associati's 'incredible' private equity team acts for private equity funds, sovereign wealth funds, corporations and financial conglomerates on major transactions. Filippo Troisi heads up the corporate finance department; Bruno Bartocci is a cross-border transaction expert; and Alberto Giampieri focuses on mergers, spin offs, acquisitions, divestitures, and joint ventures. Other key figures are Giovanni Nardulli, who is particularly active in international deals; Piero Venturini, a regular adviser to private equity firms on transactions; and Andrea Fedi, who maintains a robust M&A practice.

Other key lawyers:

Filippo Troisi; Bruno Bartocci; Alberto Giampieri; Giovanni Nardulli; Piero Venturini; Andrea Fedi; Andrea Sacco Ginevri; Andrea Botti; Francesco Florio; Giacomo Gitti; Federica Pomero; Marco Sagliocca; Cristiana Visco


Testimonials

‘Perfect approach, mixing technical excellence, flexibility and care for clients.’

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

‘Francesco Florio is simply the best lawyer around. Excellent problem solver.’

‘Andrea Botti is the best lawyer some clients have worked with. An all-rounder, impressive deal-making capabilities, commercial acumen, smart, incredibly experienced, and a world above counterparts’ legal advisors.’

‘High-level responsiveness and competence.’

Key clients

Advent International


Apax Partners


Apollo Global Management


Ares Life Sciences


Armònia SGR


Bain Capital


Blackstone


Bridgepoint


Cabot Square Capital


CDP Equity S.p.A


Cale Street Partners


Canson Capital Partners


Cassa Depositi e Prestiti


Centerbridge


Change Capital Partners


Charme Capital Partners SGR


Clessidra


Credem Private Equity SGR


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


H.I.G.


Invitalia


IPI Partners


Lone Star


Made in Italy Fund (Quadrivio & Pambianco)


Mandarin Capital Partners


Neuberger Berman


Oaktree Capital


Óskare Capital Fund


Partners Group


Permira


ProA Capital


Progressio SGR


RedBird Capital Partners Management LLC


Tikehau Investment Management


Varde


York Capital Management


Work highlights


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

PedersoliGattai

In January 2024, Pedersoli Studio Legale and Gattai, Minoli, Partners merged to become PedersoliGattai, which acts across the whole deal spectrum. Bruno Gattai is a renowned private equity specialist; Stefano Catenacci acts for several investment funds and private companies; Gerardo Gabrielli regularly advises major international and domestic private equity funds; and Alessandro Marena has longstanding experience in domestic and international transactions. Other active practitioners are Ascanio Cibrario, Antonio Pedersoli, Sebastiano Cassani and Carlo Re, along with Carlo Pedersoli, Giovanni Pedersoli, Luca Saraceni, Federico Bal, Lorenzo Fabbrini, Carolina Gattai, and Maria Persichetti.

Practice head(s):

Bruno Gattai; Stefano Catenacci; Gerardo Gabrielli; Alessandro Marena


Other key lawyers:

Ascanio Cibrario; Antonio Pedersoli; Sebastiano Cassani; Carlo Re; Carlo Pedersoli; Giovanni Pedersoli; Luca Saraceni; Federico Bal; Lorenzo Fabbrini; Carolina Gattai; Maria Persichetti; Carlo Montagna; Nicola Occhipinti; Marta Sassella; Luca Rossi Provesi; Andrea Faoro; Edoardo Pedersoli


Testimonials

‘Clients really appreciate the speed and solid advice given. In addition to a deep knowledge of the subject and latest market standards, the team always finds the solution that best fits with the dossier, also through its provision of innovative approaches.’

‘Preemptive and innovative approach through a tailor-made service. Always available, smart and effective.’

‘Very professional and proactive approach to every deal. Technically sound and creative, and the lawyers are a reflection of the firm’s profile.’

‘Attention to detail – 360-degree competence, value for money, and accountability.’

‘A preferred legal provider. In particular, the team led by Ascanio Cibrario and Luca Rossi Provesi is great and provides efficient and high-level assistance, with full availability of the partners and work team. Demonstrates great investment in technology and client relationship management, including diversity.’

‘Giovanni Pedersoli is the star lawyer of the structure – everything about the way he practices is beyond compare. He is committed, very smart, sharp on negotiation tactics, deeply knowledgable on legal matters, and with a human approach that is unparalleled.’

‘Edoardo Pedersoli is a great professional.’

‘Andrea Faoro is an outstanding professional that clients can always rely on. He has experience, competence and ethical values that are also key factors during negotiation processes.’

Key clients

Aksia


Ambienta


Ardian


Bain Capital


Clessidra


Consilium SGR


CVC Capital Partners


DBAG


FSI SGR S.p.A.


Green Arrow Capital


Hope Sicaf


Intermediate Capital Group (ICG)


Investcorp


PM & Partners SGR


Sofinnova Partners


Tikehau


21 Investimenti SGR SPA


FSI


Kedrion


PAI


Ambienta SGR


COPEBA


Bravo Capital Partners


Bregal Unternehmerkapital


Metrika Tech fund


Quadrivio


Alchemy Special Opportunities Fund


Work highlights


  • Assisted Intermediate Capital Group with the sale of DOC Generici to TPG.
  • Assisted Eni with a large cross-border matter regarding the acquisition of Novamont through Versalis.
  • Advised Ardian on the acquisition of a majority stake in Assist Digital S.p.A.

ADVANT Nctm

Particularly experienced in mid-market M&A, ADVANT Nctm‘s team routinely acts for major Italian and international funds on significant private equity deals. The team was recently notably active in pharmaceutical and automotive sector matters. A regular adviser to private equity firms and infrastructure funds, Matteo Trapani heads up the firm’s M&A and private equity department which showcases senior partner Paolo Montironi; and ‘the best M&A lawyer in Italy‘, Pietro Zanoni. The next line of key practitioners features Lucia Corradi and Alessia Trevisan, along with Natali Prodan Milic and Mario Bonferroni. Emidio Cacciapuoti was a new arrival in November 2023 from McDermott Will & Emery Studio Legale Associato.

Practice head(s):

Matteo Trapani


Other key lawyers:

Paolo Montironi; Pietro Zanoni; Lucia Corradi; Alessia Trevisan; Natali Prodan Milic; Mario Bonferroni; Emidio Cacciapuoti


Testimonials

‘Great partner quality.’

‘Nimble, commercial, able to change direction quickly, and creative problem solvers.’

‘Unique in their dedication, commercial sensitivity, and ability to facilitate agreements with counterparties.’

‘They have very good knowledge of the Italian market. Very quick and top-quality documentation produced.’

‘Strong multidisciplinary team, very good value for money, well entrenched in the Italian market, and commercially minded.’

‘Matteo Trapani is a very strong professional, both technically and commercially.’

‘Pietro Zanoni is deal oriented, technically strong, and commercially minded. Strong experience and network in Italy.’

‘Pietro Zanoni is the best M&A lawyer in Italy. Hands-on, present, creative, and with commercial acumen.’

Key clients

Chequers Capital


LBO France


Ambienta SGR


Clessidra SGR


FVS SGR


Equinox


Gradiente SGR


Entangled Capital SGR


Alcedo SGR


Hambro Perks


Work highlights


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

Allen & Overy - Studio Legale Associato

Leveraging enviable finance and capital markets credentials, the ‘always availableAllen & Overy - Studio Legale Associato advises on a broad range of private equity transactions, including buyouts, acquisitions, take privates, exit strategies, and co-investments. M&A and private equity specialist Giovanni Gazzaniga specialises in major investments and divestments across a variety of industries, including financial services, energy, transport, telecoms, fashion, and food and beverage; and Paolo Nastasi has 'a very strong commercial eye'. Francesca Croci and Chiara De Luca are also experienced practitioners. In July 2023, former partner Paolo Ghiglione left the firm.

Practice head(s):

Giovanni Gazzaniga; Paolo Nastasi


Other key lawyers:

Francesca Croci; Chiara De Luca


Testimonials

‘The firm is really proactive and commercially well prepared.’

‘Always ready to find the best solution for the client and resolve any issues that might arise. They are also responsive and always available on short notice.’

‘The key point of A&O is its truly international angle coupled with a one-stop-shop approach. Clients can rely upon professionals located in multiple geographies around the world (Europe, US, Asia), who provide support for multiple practices (M&A, banking, litigation, IP, antitrust etc.).’

Key clients

Alantra EQMC Asset Management


Campofrío


Brookfield


CVC Capital Partners


Freemont Capital


H.I.G. Capital


Intermediate Capital Group (ICG)


One Equity Partners


Rivean Capital


MIR Capital


The Riverside Company


Work highlights


  • Advised longstanding client, The Riverside Company, on its acquisition of the entire share capital of BioDue.
  • Advised global alternative asset manager Intermediate Capital Group, and Konecta, on an agreement with Comdata to create a world leader in the customer business process outsourcing sector.
  • Advising funds (managed by affiliates of Apollo Global Management) on a joint venture with Hines Investment Management and the Amenduni family for the acquisition of a majority stake in Aedes SIIQ.

Cleary Gottlieb Steen & Hamilton

'A superior law firm', Cleary Gottlieb Steen & Hamilton's private equity practice in Milan is experienced in high-end, domestic and cross-border matters, including buyouts, consortium deals, co-investments, and minority investments. 'One of the best private equity and M&A lawyers in Italy', Roberto Bonsignore’s practice encompasses public and private M&A deals, as well as restructurings; and, elected to the partnership in January 2022, David Singer is experienced in private equity investments and venture capital transactions. Another key figure, Gerolamo Da Passano's workload covers private equity deals and corporate joint ventures.

Other key lawyers:

Roberto Bonsignore; David Singer; Gerolamo Da Passano


Testimonials

A superior law firm, with very high work ethics and standards, always pushing the client to act in the safest way, avoiding existing and potential issues.’

‘They do an extremely good job because of their superior attention to detail and thoroughness. Highly recommended – a market-leading team with strong international capabilities.’

‘The team is very commercial and pragmatic. It stands out for its technical skills and the ability to resolve complex situations in an efficient and pragmatic way.’

Key clients

Allianz Capital Partners


APG Asset Management


Gamenet Group now Lottomatica


Asterion Industrial Partners


Bain Capital Credit


Blackstone


Brookfield Investment Partners


Cerberus


DIF


EDF Invest


F2i


Global Infrastructure Partners


JC Flowers


Intermediate Capital Group


KKR


Onex


Ontario Teachers’ Pension Plan


Peninsula Capital


Silk Road Fund


Sixth Street


TPG


Warburg Pincus


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 represent over 50% percent of the voting rights of Prima Industrie.
  • Advised KKR on the possible public tender offer for the acquisition of control over TIM – Telecom Italia.
  • Advised Asterion Industrial Partners on the acquisition of an aggregate 98% stake in Irideos.

Clifford Chance

Part of its European private equity practice, Clifford Chance‘s 'dedicated' Italy team is consistently involved in headline transactions. Claudio Cerabolini specialises in private equity, real estate, and private and public M&A deals; and raised to partner in May 2023, Filippo Isacco's track record includes advising on some of the market's most complex private equity and M&A transactions. The practice further features Paolo Sersale, who heads up the corporate M&A practice in Italy and is 'truly a pleasure to work with', as well as Umberto Penco Salvi and Elisa Ielpo.

Practice head(s):

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


Testimonials

‘Dedicated, large, on-the-ground team of professionals with excellent product and commercial capabilities.’

‘The people are the real strength of this firm.’

‘Available 24/7, insightful, and always with an eye on the big picture.’

Claudio Cerabolini, together with his team, provides excellent and key support, notably the ability to focus the client on the key issues and offer problem-solving solutions.

‘Paolo Sersale and Filippo Isacco – true professionals, delivering the full package’

‘Paolo Sersale is truly a pleasure to work with.’

‘Full set of expertise and international reach.’

‘Dedication and availability.’

Key clients

Bending Spoons


Ardian


Cassa Depositi e Prestiti S.p.A.


CVC Capital Partners


Deutsche Beteiligungs AG


Eiffel Investment


Green Investment Group


Macquarie Infrastructure and Real Assets


Onex


Partners Group


Rivean Capital


TeamSystem


Permira


Work highlights


  • Assisting Italian state lender Cassa Depositi e Prestiti with a complex matter involving the plan to merge Telecom Italia’s infrastructure business with Open Fiber’s to create a single national telecommunication network.
  • Advised To-Increase, a portfolio company of Rivean Capital, on the acquisition of AX for Pharma (AXP) in Italy.
  • Advised Macquarie on the acquisition of BayWa r.e. Bioenergy GmbH from BayWa r.e. AG.

Gatti Pavesi Bianchi Ludovici

Gatti Pavesi Bianchi Ludovici has an enviable market reputation for buyouts, growth equity deals and growth company mandates. The group, which is notably active in the technology, healthcare, manufacturing, and financial services sectors, is jointly led by private equity specialist Gianni Martoglia; and Andrea Giardino, who regularly acts on significant extraordinary corporate finance transactions. The ‘go-to’ team also features renowned civil and commercial law expert Carlo Pavesi, and Franco Barucci, who specialises in the acquisition and disposal of shareholdings and businesses. Former partner Gianpaolo Scandone departed the firm in June 2023.

Practice head(s):

Gianni Martoglia; Andrea Giardino


Other key lawyers:

Stefano Valerio; Barbara Napolitano; Silvia Palazzetti; Giuseppe Toia; Filippo Sola; Guidomaria Brambilla; Dario Prestamburgo


Testimonials

Clients really appreciate the ability of Studio Gatti to deliver innovative solutions, as well as its ability to meet deadlines (even under pressure).’

‘The resources allocated to projects are always appropriate.’

‘Very strong team with significant experience and know-how in the field of M&A/corporate advice in various sectors (for example luxury and fashion).’

Laser focus on client service and commercial outcomes.

They are the the go-to local law firm due to their extensive PE experience in general, and minority transactions in particular.

Lawyers who can navigate difficult negotiations with professionalism and focus on what really matters to get a transaction over the line.

‘Giuseppe Toia is a very skilled legal advisor with significant expertise in this sector and a very quick mindset. The delivery is very fast, extremely precise, and complete with 7/7 h24 availability for the client.’

‘Dario Prestamburgo and Franco Barucci really stand out as motivated and professional partners – always delivering accurate work.’

Key clients

Ambienta SGR


Armonia SGR


Azimut Libera Impresa


Bain Capital


B Group S.p.A.


Charme Capital Partners


Clessidra SGR


Eulero Capital


Europe Capital Partners VI SCA


Fondo Italiano d’investimento


NB Renaissance Partners


The Equity Club


Oakley Capital


Vam Investments S.p.A.


Green Arrow Infrastructure of the Future Fund


Work highlights


  • Advised Edizione on the public offer for Italian infrastructure group Atlantia.
  • Advised NB Renaissance on the acquisition of a majority stake in Neopharmed Gentili, an Italian pharmaceutical manufacturer, from private equity firm Ardian.

White & Case (Europe) LLP

Advising leading private equity and alternative capital provider firms, White & Case (Europe) LLP's Milan team consistently acts on major private equity transactions. Ferigo Foscari focuses on public M&A deals; Leonardo Graffi has extensive private equity sector experience; Michael Immordino divides his time between London and Milan; and Alessandro Seganfreddo is regularly involved in significant cross-border and domestic matters. The group also fields Andrea Pretti, who acts on deals in the pharmaceutical, financial services and TMT sectors, and Sara Scapin, an active adviser to Italian and international private equity sponsors.

Practice head(s):

Ferigo Foscari; Leonardo Graffi; Michael Immordino; Andrea Pretti; Alessandro Seganfreddo


Other key lawyers:

Sara Scapin; Caitlin Powell Gimpel


Testimonials

‘Very well connected within the Italian business landscape.’

Knowledgeable and competent across the space, including deep experience in complex public-to-private transactions.

‘Clients have a positive experience working with Michael Immordino, Leonardo Graffi, Ferigo Foscari, Alessandro Seganfreddo and Caitlin Powell Gimpel. All have strong work ethics and are very competent.’

Ferigo Foscari is a strong expert in public-to-private transactions.

Key clients

Ambienta SGR


Antin Infrastructure Partners


Arjun Infrastructure Partners


BC Partners


BlackRock Investment Management


Blackstone Tactical Opportunities Advisors


Capvis Equity V


CDP Venture Capital


Centerbridge


CEE Equity Partners


Cobepa


CVC Capital Partners


Elliott Capital


First State Investments


Fortress Investment Group


FSI SGR


Global Infrastructure Partners


Goldman Sachs International


IK Investment Partners


Infracapital


InfraVia Capital Partners


Investindustrial


LionRock Capital


Macquarie Asset Management


Muzinich


Neuberger Berman


Oaktree


Peninsula Capital


PFH Palladio Holding


ProA Capital


Starwood Capital Group


Summit Partners


Tengram Capital Partners


Trilantic Capital Partners


Triton Advisers


Verlinvest S.A.


VGO Capital Partners


White Bridge Investments


Work highlights


  • Advised BC Partners LLP on its co-controlling investment (together with Bain Capital Private Equity) in Fedrigoni.
  • Advised IMA (and its controlling shareholders) on a €2.6bn investment from BDT & MSD Partners.
  • Advised Previero on the sale of a majority stake in the company to Ambienta SGR.

CMS

CMS' multidisciplinary team is consistently mandated on complex private equity matters, with clients benefiting from its ability to work alongside the firm's finance, capital markets, tax and competition teams. Advising across the insurance, banking, automotive and TMCs sectors, Italy private equity department head Paolo Scarduelli regularly assists national and international private equity clients on corporate law, M&A, and corporate finance. Key support is provided by Pietro Cavasola and Massimo Trentino.

Practice head(s):

Paolo Scarduelli


Other key lawyers:

Pietro Cavasola; Massimo Trentino; Andrea Arcangeli


Testimonials

‘Excellent knowledge of international contexts.’

‘The team is very good at cross-cutting across practices and able to provide support for cross-border issues too.’

Key clients

Telecom Italia


Telecom Italia Ventures S.r.l.


ENI (ENI) S.p.A.


Dussur


Heritage Capital Partners


Green Arrow Capital


Portals/Epiris


Sagitta – SGT Crescitalia PMI Fund


Columna Capital


Work highlights


  • Advised Heritage Capital Partners on the set up, launch and operation of a €500m private equity master-feeder fund operating by way of a fintech platform.
  • Advised Green Arrow Capital SGR on the launch of a private equity fund specialising in “Made in Italy” target assets.
  • Assisted a private Family Office with the acquisition of 93% of Pinarello Cicli.

Dentons

Advising funds and sellers, Dentons‘ private equity practice advises on the full range of private equity work, from acquisitions through to tax structuring and exit strategies. In Milan, Alessandro Dubini assists private equity funds, industry groups and financial institutions with domestic and international extraordinary transactions; Pier Francesco Faggiano is experienced in assisting with private equity and M&A deals, joint ventures, and other corporate law matters; and Stefano Ambrosioniunderstands the private equity industry very well‘. Providing additional support from Rome, Luca Pocobelli is a life sciences and healthcare sector expert.

Practice head(s):

Alessandro Dubini; Pier Francesco Faggiano


Other key lawyers:

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


Testimonials

‘Able to execute complex transactions with real-time availability.’

‘Great and deep experience, and the ability to share knowledge with non-institutional clients efficiently (i.e. families or entrepreneurs that own mid-cap companies in Italy).’

‘Full dedication to projects and effective problem-solving approach.’

‘A number 1 choice when clients need M&A lawyers.’

‘International reach coupled with understanding of the local culture.’

‘Alessandro Dubini and his team are great mid-market M&A lawyers.’

‘Stefano Ambrosioni provides excellent legal M&A advice, understands the private equity industry very well, and is able to create lasting connections.’

‘Great people, knowledge and collaboration.’

Key clients

ArchiMed SAS


Synergo Capital SGR


TECM


Cerba Healthcare


Verteq Capital


R5 Labs


Starwood Capital


Adepa


Ankh Impact Ventures


Affidea Group B.V.


P&G SGR S.p.A.


Quinta Capital


Agic Capital


Work highlights


  • Advised ArchiMed on the sale of Micromed Holding to Natus Medical Incorporated.
  • Advised Verteq Capital, a private equity investment fund, on the acquisition of Epilate.
  • Advised Cerba Healthcare on several acquisitions, including the recent acquisition of Centro Diagnostico Gamma.

DLA Piper

DLA Piper's Italy private equity team routinely handles sell-side, buy-side and management-side transactions, including matters involving distressed assets. Alessandro Piermanni advises on domestic and international M&A deals across the fashion, luxury goods, industrials, food and life sciences sectors; and Danilo Surdi regularly advises companies and private equity funds on national and cross-border M&A, as well as corporate finance transactions. Providing additional key support are Gabriele Arcuri and Sira Franzini.

Practice head(s):

Alessandro Piermanni


Other key lawyers:

Danilo Surdi; Gabriele Arcuri; Sira Franzini; Silvana Bonazzi; Carlos Rosquet Martinez


Testimonials

‘The team is professional, and very sensitive towards clients’ needs and requests.’

‘Alessandro Piermanni is an outstanding and experienced lawyer.’

Key clients

AKKR


Amtivo Group (August Capital)


AS Roma SPV LLC


Astute Group


Azimut Libera Impresa SGR S.p.A.


Berlin Packaging Oak Hill Capital Partners


Carlyle


CDP Venture Capital SGR S.p.A


Cetp IV Investment Holdings


Cognita Holdings Limited


Cordusio SIM


Generali Investment Partners SGR S.p.A.


HG Capital Trust


Hines Italy RE


Invimit SGR


Itago SGR S.p.A.


Sun Capital Partners


Work highlights


  • Assisting CBRE with the agreements for the acquisition of Hitrac Engineering Group.
  • Advised Itago SGR on the acquisition by a company (wholly-owned by Itago SGR) of the whole corporate capital of Apice Milano S.r.l., Apice Venezia S.r.l., Apice Firenze S.r.l., Apice Roma Transport S.r.l., and (indirectly) Apice S.c.r.l.
  • Advised Energy Dome on the series B financing round led by Eni Next.

Giovannelli e Associati Studio Legale

Giovannelli e Associati Studio Legale‘s private equity practice routinely leverages the expertise of its M&A, banking and finance, capital markets, litigation, tax, IP, privacy, and labour colleagues for major transactions. Name partner Alessandro Giovannelli specialises in assisting private equity funds and entrepreneurs with investment deals and company sales; Fabrizio Scaparro is regularly involved in high-end cross-border transactions, including in the US; and Matteo Delucchi is 'smart and really knowledgeable'.

Practice head(s):

Alessandro Giovannelli


Other key lawyers:

Fabrizio Scaparro; Matteo Delucchi; Matteo Colombari; Gianvittorio Giroletti Angeli; Nicoletta Carapella


 


Testimonials

‘Partners that are client facing.’

‘Great availability.’

‘Complete commitment to their clients.’

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

Key clients

Ardian


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


Investindustrial


Lineage Logistics


Kalps


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, which jointly hold a majority stake in Neopharmed Gentili.
  • Advised White Bridge Investments III and Nebula Aurea BidCo on the voluntary all-inclusive offer on shares and warrants of Reevo.

LCA Studio Legale

LCA Studio Legale's team advises domestic and international private equity firms (and their funds), as well as venture capital firms and funds (including business angels), on fundraising, buyouts, and the creation of investment vehicles. In Milan, Roberto de Bonis assists targets and investors with private equity deals, and Andrea Messuti advises technology, life sciences and industrial sector clients. Genoa-based Riccardo Massimilla is also experienced in private equity transactions.

Practice head(s):

Roberto de Bonis; Andrea Messuti; Riccardo Massimilla


Other key lawyers:

Benedetto Lonato; Leah Dunlop


Testimonials

‘Modern, smart and very efficient.’

‘Absolutely able to think out of the box.’

‘Finds super solutions to major problems that seem impossible to solve.’

Key clients

Alto Partners S.G.R. S.p.A


Azimut Libera Impresa SGR S.p.A.


Brick Up S.r.l.


CDP Venture Capital SGR S.p.A.


Cebat S.p.A.


Easy Rain S.p.A.


Europeenne de Participations Industrielles SAS


Formula Impresoft S.p.A.


Flyted S.r.l.


Insay Holding S.r.l.


Marshmallow Games S.r.l.


OXY Capital SGOIC SA


Qodeup S.r.l.


The Data Appeal Company S.p.A.


Xenon Private Equity Small Caps


Work highlights


  • Advised Azimut Libera Impresa SGR on its investment in an underwater digital fibre system in the Tyrrhenian Sea.
  • Advised shareholders, Fival and Valerio Zanaglio, on the divestment of a majority stake in Zato to private equity firm LBO France.
  • Acting for Impresoft, a Clessidra Private Equity Sgr portfolio company, on the strategic acquisition of Tech1, which controls QiNet.

Linklaters Studio Legale Associato

Linklaters Studio Legale Associato' private equity expertise in Milan ranges from corporate and M&A matters to banking, capital markets and tax aspects. The group also regularly works alongside the firm's experienced projects, competition, employment and restructuring and insolvency practices, as well as with the firm's wider network. The workload of cross-border M&A and private equity deal expert Giorgio Fantacchiotti includes advising private equity and credit funds on their downstream work and portfolio management.

Practice head(s):

Giorgio Fantacchiotti


Other key lawyers:

Pietro Belloni; Roberto Casati


Testimonials

‘Linklaters’ private equity team is an established practice offering assistance with the full spectrum of private equity-related matters, from reorganisations to the divestment of portfolio companies.’

‘The use of technology within the firm stands out with respect to other premium law firms.’

‘Great offering to its client base of a wide spectrum of legal services, such as dedicated intranet, secondments of junior lawyers, and alternative billing methods.’

‘Giorgio Fantacchiotti is a very experienced corporate lawyer with huge experience in dealing with the most complex deals.’

‘Giorgio Fantacchiotti is technical but also pragmatic when needed – he does not lose himself in small details but always has the broader picture of the deal in mind.’

Key clients

Ambienta SGR


Telemos Capital Limited


Three Hills Capital Partners


Société des Produits Nestlé S.A.


CK Hutchison Holdings Limited


Hayfin


Rabobank


Intesa Sanpaolo


Barclays Bank


Deutsche Bank


Apollo Global Securities


Credit Suisse Bank


Goldman Sachs


J.P. Morgan


UniCredit Bank


HPS


Arcmont


BNL Banca Nazionale del Lavoro


Cassa Depositi e Prestiti


Banco BPM


Bormioli Pharma


Davidson Kempner


Bain Capital Credit Ltd


Macquarie Asset Management


Molinari Agostinelli

Molinari Agostinelli advises Italian and foreign private equity funds on major transactions and corporate matters, including corporate governance. The team also assists with implementing structures for complex deals. Ugo Molinari's practice includes advising private equity firms and investment groups on private equity deals; and Margherita Santoiemma's experience covers M&A, LBOs, acquisition finance, and joint ventures. The practice further features Marco Laviano, who 'understands what is important to clients'.

Practice head(s):

Ugo Molinari; Margherita Santoiemma


Other key lawyers:

Marco Laviano; Ciro Di Palma


Testimonials

‘Molinari Agostinelli is a trusted adviser for private equity deals.’

‘The private equity team has great experience and business acumen, and provides proactive support.’

‘One of the main strengths of the firm is the ability to deliver senior-level attention to ensure tailored advice, which contributes to the success of the deal.

‘The team has very high-quality standards.’

‘A small, close-knit firm of smart lawyers with specific experience, especially in financial services, and a practical, pragmatic approach to fees.’

‘Ugo Molinari has the experience and knowledge to understand what might happen in complex and unprecedented circumstances within regulated financial institutions. That kind of ability to think clearly, when there isn’t a clear set of rules or precedent to follow, is very valuable.’

‘Marco Laviano is a top-notch professional, who is very efficient and available.’

‘Marco Laviano fully understands what is important to clients, and is always able to find the right balance between being commercial and protecting clients’ interests.’

Key clients

DEA CAPITAL ALTERNATIVE FUNDS


ALTO PARTNERS SGR


J.C. FLOWERS & Co.


J HIRSCH


CLESSIDRA RESTRUCTURING FUND


OXY CAPITAL


COIMA SGR


FIDERA


COIMA SGR


SETA HOLDING


Work highlights


  • Advised Seta Holding SA on the acquisition of 85% of Sebino S.p.A.
  • Advised DeA Capital Alternative Funds SGR on the acquisition of a 10% stake in Costa Edutainment Group (and the subscription of a €35m convertible bond).
  • Advised Alto Partners on the acquisition of the entire corporate capital of Lario Plast.

Orrick, Herrington & Sutcliffe

Orrick, Herrington & Sutcliffe has extensive experience in cross-border private equity buyouts, mergers, and investment deals. The Italy team also advises on private debt and venture capital transactions, particularly (on behalf of investors and target companies) in the mid-market. Guido Testa focuses on M&A, private equity, venture capital and joint venture transactions, while Attilio Mazzilli is 'a great lawyer'. Private equity and venture capital specialist Alessandro Vittoria is another key practitioner.

Practice head(s):

Guido Testa; Attilio Mazzilli


Other key lawyers:

Alessandro Vittoria; Livia Maria Pedroni


Testimonials

‘A solid team that is very specialised in Tech M&A – also fast and solid.’

‘Orrick’s team has deep knowledge and experience in the M&A private equity sector. They provide a full-service practice and are able to cover many jurisdictions.’

‘Alessandro Vittoria has consolidated knowledge of the sector and he is able to handle tough negotiations involving many parties; he also understands the key points when dealing with private equity funds, and their structures and needs.’

‘Alessandro Vittoria is an excellent lawyer and a reliable counterparty. Very easy to talk to, always open to discussion, and outstanding technical skills.’

‘Attilio Mazzilli is very commercial and knows the market very well.’

‘Attilio Mazzilli is a great lawyer.’

Key clients

Anthilia Capital Partners


Arcadia SGR


Blacksheep


BNP Paribas REIM Luxembourg


CAPZA


CDP Equity


Codemotion


Consilium SGR


Equita Capital Partners


Fondo Italiano d’Investimento SGR S.p.A


Gardant Investors SGR


Harmont & Baine


HAT Sgr


LBO France Gestion SAS


Lightrock


Medical Instruments S.p.A.


Nextalia Sgr


Safety 21


HNH Hospitality


Up 2 You


Work highlights


  • Advised Lightrock and Coatue, as investors, in relation to the €320m Series D round of Satispay.
  • Advised Nextalia SGR on its €50m acquisition (through the Nextalia Private Equity Fund) of the entire share capital of IBF Servizi.
  • Advised Arcadia SGR on two new acquisitions in the heating and air conditioning sector (through its Arcadia Small Cap II fund).

Pavia e Ansaldo

Pavia e Ansaldo advises private equity firms during every stage of funds’ lifecycles. Representative mandates cover initial investments, buy-and-build strategies, and exit transactions. The team is also increasingly active in the secondary buyout market. The group is jointly led by Stefano Bianchi, who heads up the firm’s longstanding relationship with London-based private equity firm Stirling Square Capital Partners; and Meritxell Roca Ortega, who divides her time between Milan and Barcelona.

Practice head(s):

Stefano Bianchi; Meritxell Roca Ortega


Other key lawyers:

Mia Rinetti; Alberto Bianco; Giuseppe Besozzi; Paola Carlotti; Anna Saraceno; Martina Bosi; Erica Lepore


Key clients

F2i SGR


HIG Capital


Xenon Private Equity


Mindful Capital Partners


Orienta Partners


Stirling Square Capital Partners


DeA Capital Funds SGR


Castik Capital Partners


Arcadia SGR


Astorg Partners


Ethica Global Investments


IPE


TSC Fund Eurocare Real Estate


Threestones Capital Management


Itago Partners


Italglobal Partners


Itelyum Regeneration


Customs Support Group B.V.


NEVA SGR


Equilybra


Mittel S.p.A.


Synergo Capital


Merloni Holding


Palladio Holding


Work highlights


  • Advised Xenon Private Equity on the sale to San Quirico of 75% of MinervaHub.
  • Assisted H.I.G. Capital with the acquisition of a controlling stake in Pinalli, an omni-channel integrated distribution platform for cosmetic products in Italy.
  • Assisted Luxembourg fund manager Threestones Capital Management on two financings granted by Société Générale to several companies managed by Threestones in Spain.

Simmons & Simmons

Simmons & Simmons' Milan team acts for private equity funds on investments, disinvestments, corporate governance and investment schemes' tax structures, as well as financings, restructuring and disputes. The group additionally advises venture capital and turnaround funds. Andrea Accornero is a private equity and M&A specialist; Laura Fiordelisi is an M&A, private equity and venture capital deal expert; and Marco Muratore's expertise includes private and public M&A, along with private equity.

Practice head(s):

Andrea Accornero; Laura Fiordelisi; Marco Muratore


Other key lawyers:

Dario Spinella; Moira Gamba; Alessandro Bonazzi; Paolo Guarneri


Key clients

Wise Equity SGR S.p.A.


IGI Private Equity


RiverRock European Capital Partners LLP


Fruchte Holdings Limited


Vittoria


Chequers Partenaires (Chequers Capital XVII FPCI)


Innovery


ITR World S.p.A.


Ashurst

Ashurst's Italy team advises on private equity transactions, LBOs, MBOs, asset deals, and joint ventures. The group also assists with corporate transactions, corporate governance and commercial contracts, and has notable experience in minority investments in Italy, including matters involving co-investments and consortia. Fabio Niccoli focuses on Italy's mid-cap market.

Practice head(s):

Fabio Niccoli


Other key lawyers:

Andrea Di Rosa


Key clients

Anima Alternative


Babcock International Group


DeA Capital Alternative Assets


FSI SGR S.p.A.


Oquendo Capital


Work highlights


  • Advised FSI SGR 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 Anima Alternative and Oquendo Capital, in their capacity as underwriters of bond and hybrid equity instruments issued by an Italian company (indirectly controlled by Matteo Moretti) to acquire the share capital of Lumson.
  • Advised DeA Capital Alternative Funds SGR on the sale of its portfolio company Stalam.

Carnelutti Law Firm

With sector expertise in food, manufacturing, healthcare, life sciences, fashion and design, Carnelutti Law Firm advises numerous investment funds, and is increasingly active in cross-border deals involving the US. The key names are managing partner Luca Arnaboldi and Carlo Pappalettera, who specialises in private equity, structured finance and M&A.

Practice head(s):

Carlo Pappalettera; Luca Arnaboldi


Other key lawyers:

Alessandro Asti; Filippo Grillo


Testimonials

Unique qualities of the individual professionals – extremely competent and at the same time very attentive to clients’ requests and needs.

Every single professional in the firm stands out for their professionalism, helpfulness, and deep understanding of clients’ needs.

Proficient in cross-department cooperation to deliver a one-stop-shop client experience and professionalism.

Key clients

CDP Equity


Kedrion Biopharma


Aliante Industrial


Genesi Holding


Silanos


Work highlights


  • Assisted Kedrion shareholders (FSI, CDP and the Marcucci family) with  the sale of their shareholdings in the company to Permira funds.
  • Advised Silanos, and its longstanding shareholders, on the acquisition of 25% of its company capital by Sandberg Development AB, a Swedish investment company.
  • Advised Genesi Holding on the sale of a 100% stake in Italian company Area Brokers Industria to PIB Group, a UK-based insurance broker.

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

Leveraging the extensive Deloitte network, Deloitte Legal Italy -Società tra Avvocati a r.l. provides integrated legal, tax, financial advisory and accounting services. The private equity group is particularly focused on the food, automotive, healthcare, renewables, real estate, and fashion and luxury sectors. Giorgio Mariani routinely advises on private equity deals.

Practice head(s):

Giorgio Mariani


Other key lawyers:

Massimo Zamorani; Andrea Sciortino; Stefano Cirino Pomicino; Emanuela Sabbatino; Carlotta Robbiano


Testimonials

‘Competence, availability and flexibility.

Key clients

Tikehau Capital


Alps Blockchain S.p.A.


Famiglia Di Florio


JP Morgan Asset Management Global Special Situation


Merito SGR S.p.A.


Sicit Group S.p.A. (NB Renaissance)


Nethive S.p.A. (Alcedo SGR S.p.A.)


Gitti and Partners

Co-led by Gregorio Gitti, Vincenzo Giannantonio and Stefano RoncoroniGitti and Partners' private equity practice advises on the entire buy-out process, from acquisition stages to financings, and the management of post-closing activities. The team also assists with minority and majority shareholder relationships, add-on processes, and exits through sales and listings.

Practice head(s):

Gregorio Gitti; Vincenzo Giannantonio; Stefano Roncoroni


Other key lawyers:

Giacomo Pansolli; Daniele Cusumano; Jessica Fiorani


Testimonials

‘Gitti’s private equity team has become a very strong reference point in Italy, thanks to the involvement of its most senior partners in all aspects of a transaction.’

‘Strong knowledge in many sectors, which is very valuable.’

‘Competency and speed of action.’

‘Competency, empathy and flexibility.’

‘Sharp legal advice, clever, and seamless functioning of the deal team.’

‘A pragmatic and flexible approach to the client, as well as other advisors and the counterparty. They have a unique approach, especially with entrepreneurs (particularly on the sell-side) that trust them so much.’

‘Vincenzo Giannantonio stands out for his down-to-earth and pragmatic approach to the most sensitive topics.’

‘Stefano Roncoroni and Jessica Fiorani deliver sharp legal advice with creativity, which is instrumental to solving negotiating deadlocks.’

Key clients

Alcedo SGR


Bencis Capital


Capital Dynamics


CapZa


Cassa Depositi e Prestiti Venture Capital


Cerea Partners


Cinven


Cleon Capital


Clessidra


Credem Private Equity


Dea Capital


Five Arrows


Fondo Italiano d’Investimento


Hivest Capital Partners


Indigo Capital Partners


Intermediate Capital Group (ICG)


Invitalia


JB Capital


Neuberger Berman


Neva


Orienta Capital Partners


Unigrains


Work highlights


  • Assisted French private equity sponsor Unigrains with the sale to Peninsula Capital (through its portfolio company ISEM) of the entire share capital of Industrial Pack.
  • Assisted private equity sponsors Neuberger Berman and Unigrains Developpement with the sale to Eurizon of the entire share capital of Trasporti Romagna.
  • Assisted Fondo Italiano d’Investimento (in consortium with Armonia SGR) with the purchase of Quick.

Hogan Lovells International LLP

Hogan Lovells International LLP‘s Milan team advises private equity funds on fund formations and acquisition phases. It also assists with managing portfolio companies, as well as exit stages. The experience of country managing partner Luca Picone covers transactional matters and advising board members and shareholders on complex corporate issues.

Practice head(s):

Luca Picone


Other key lawyers:

Francesco Stella; Martina Di Nicola; Pierluigi Feliciani; Francesco De Michele; Martino Filippi


Testimonials

High-level efficiency and valuable team members in terms of technical capabilities.’

‘Precise documentation and assistance.’

Key clients

21 Invest


Hyle Capital Partners SGR


Voiseed


Work highlights


  • Advised Gruppo Florence entrepreneurs on the sale of Gruppo Florence’s entire corporate capital to Permira.
  • Assisted the Guaresi Group with the acquisition of Hortus and its subsidiary Hortech.
  • Assisted 21 Invest with its acquisition of Wise Equity’s majority stake in Trime.

LMCR

LMCR advises investment funds and businesses on investment transactions involving majority and minority stakes. The team also assists with LBOs, buy-in deals, and venture capital. The team is co-led by M&A and private equity specialist Massimo La Torre and Roberto Rio, an adviser to corporate clients and private equity houses.

Practice head(s):

Massimo La Torre; Roberto Rio


Other key lawyers:

Angelo Romano; Elmar Zwick


Key clients

L Catterton


Trilantic Europe


Waterland Private Equity


Alto Partners


Deutsche Invest Capital Partners


Mandarin Capital Partners


Seven 2 (formerly Apax France)


Smart Capital


McDermott Will & Emery Studio Legale Associato

McDermott Will & Emery Studio Legale Associato advises a range of private equity clients on high-end deals, including acquisitions, investments and disposals. Ettore Scandale's practice includes major private equity transactions in Italy. Enrico Raso is another key adviser. Emidio Cacciapuoti left the firm in November 2023.

Practice head(s):

Ettore Scandale


Other key lawyers:

Fabrizio Faina; Oscar Arcà; Giorgio Bobba; Davide Massiglia; Stefano Pardini


Testimonials

‘Ability to understand the business and specific needs of the client.’

‘A 360-degree approach through the creation of synergies across the various expert areas of the firm.’

‘Very strong in alternative investment funds-related matters.’

‘Giorgio Bobba and Davide Massiglia are highly appreciated for their ability to understand business and the specific needs of clients (thanks to their proven competence).’

Key clients

Eatable Adventure


Claris Ventures SGR


Synergo Capital SGR


Schneider Electric


MyMeta


Abenex


Deliveristo S.p.A.


Ambienta SGR S.p.A.


Five Arrows Managers SAS


ES Vedra Capital Advisors LLP


SilverTree Equity


Inspired


Work highlights


  • Advised Ambienta SGR on the structuring and fundraising operations of its fourth private equity fund (Ambienta IV).
  • Advised SilverTree Equity on two simultaneous co-investments with Kantar (a Bain Capital portfolio company), including the acquisition of StepUp RGM, and the acquisition of XTEL, the Kantar Group Trade Promotion Business.
  • Advised Eatable Adventure on its strategic partnership with CDP Venture Capital, through the Acceleratori Fund.

Studio Legale Cappelli RCCD

Studio Legale Cappelli RCCD's private equity practice is led by renowned lawyer Roberto Cappelli, who advises on corporate law, including the incorporation of companies and joint ventures. Cappelli, who also acts on major mergers, spin-offs and acquisitions, is supported by Guido Masini, a regular adviser to private equity funds.

Practice head(s):

Roberto Cappelli


Other key lawyers:

Stefania Lo Curto; Nicola Caielli; Alessandro Antoniozzi; Alberto Elmi; Martino Liva


Testimonials

The people from Studio Legale Cappelli RCCD make a real difference.’

‘Their approach is absolutely professional, but smart and relevant to the needs of clients.’

‘Their ability to combine high-level technical and soft skills makes the firm a unique legal partner.’

‘It is an honour to work with such fantastic professionals and the determination of these individuals is a guarantee of success.’

Key clients

21 Investimenti SGR S.p.A.


Alvarez & Marsal


Apax Partners LLP


Apollo Global Management


Azimut Holding S.p.A.


Bregal Milestone


Carlyle Investment Management L.L.C.


CDP Group (CDP Equity S.p.A. and CDP Venture Capital SGR S.p.A.)


Crédit Agricole Italia S.p.A.


DeA Capital SGR


De Wave S.r.l.


Dromedian Fondo Italiano


Fondo Italia Venture


Fondo Italiano Consolidamento e Crescita – FICC


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


Green Arrow Capital SGR


HitechVision Advisory SA


iCON Infrastructure LLP


Mandarin Capital (now Mindful Capital Partners)


Nextalia SGR S.p.A.


Three Hills Capital Partners SA


Värde Partners, Inc.


Work highlights


  • Advised iCON Infrastructure LLP, and its controlled company Lighthouse Terminals Limited, on the sale of of a 45% indirect stake in Spinelli.
  • Advised De Wave on the acquisition of an equity stake representing 60% of the corporate capital of Wingeco.