J.C. Flowers & Co., a private investment firm specializing in the financial services sector, has acquired a controlling stake in Caleas S.r.l., an insurance broker based in Milan, focused on businesses and SMEs.
This investment, following the acquisitions of Consulbroker and Enablia (formerly Wefox Italy), is part of the fund’s broader European growth strategy in the insurance sector.
Our firm advised J.C. Flowers with a team led by partner Ciro Di Palma, senior associate Francesco Manghisi, associate Giulia Mescolini, and trainee Marta Torretta on M&A matters, and associate Sara Nicole Cancedda on regulatory issues.
Lattonedil Group, an Italian company active in the production and commercialization of insulating panels, has acquired Isomec, an Italian company specialized in the production and trading of insulating and thermo-acoustic panels.
The transaction was carried out with the financial support of Banco BPM, which was advised by our firm with partner Andrea Taurozzi, associate Francesco Senesi, and trainee Elia Cossu Lunesu.
LOGISTIS, a fund managed by AEW, has sold to WIIS Italy SICAF - through a share deal - a core logistics asset located in Vercelli. The property, developed in two phases between 2017 and 2022, spans a gross leasable area (GLA) of nearly 150,000 sqm on a land plot exceeding 300,000 sqm. The complex is fully leased to a leading operator in the e-commerce and logistics sector under a 20 year long-term agreement.
Our firm assisted the seller with a multidisciplinary team led by partners Alessandro de Botton and Marco Laviano, supported by senior associate Francesco Manghisi and associate Margherita Del Deo for real estate matters, as well as partner Lorenzo Caruccio and senior associate Fausto Indelicato for administrative law aspects.
Dolce & Gabbana has secured a new medium-to-long-term credit facility of €100 million, aimed at financing new investments for the fashion division and further expanding the beauty and home business sectors. The new credit line is backed 50% by a Sace guarantee.
Our firm advised the pool of lenders with a team led by partner Andrea Taurozzi and composed of associate Francesco Senesi and trainee Elia Cossu Lunesu.
Furla S.p.A. has signed the restructuring agreement pursuant to Article 56 of the Italian Crisis Code with its financial creditors, a crucial milestone in the brand’s restructuring and relaunch process and a key element for the successful conclusion of the procedure initiated in July 2024.
Our firm advised the financial creditors with a team led by partner Ugo Molinari and composed of partners Marinella Ciaccio and Giacomo Colombo, associates Francesca De Stasio and Ada Gabriela Lubinu, and trainee Elisabetta Taras.
Burgo, a leading European industrial group operating in the production and distribution of specialty papers, has secured a sustainability-linked loan worth €230 million from a banking consortium led by Banco BPM. This includes a €40 million capex line backed by a SACE guarantee and is aimed at refinancing existing financial lines nearing maturity and supporting the Group’s ambitious growth plan.
Our firm assisted the company with a multidisciplinary team led by partner Andrea Taurozzi, including associate Francesco Senesi and trainee Elia Cossu Lunesu, handling all finance aspects of the transaction, as well as partner Paolo Ruggiero and associate Filippo Maria Mariani - under the supervision of partner Ottavia Alfano - for the tax matters.
Benelli Broker S.r.l., a newly established company of Benelli Assicurazioni S.r.l., an insurance broker specialized in supporting small and medium-sized enterprises, has joined the Ardonagh Group. This transaction represents a strategic step aimed at strengthening Ardonagh Italy’s position as a key reference point in the insurance consulting sector for businesses across the country.
Our firm advised Ardonagh Italy with partner Nicolo’ Juvara and associate Margherita Del Deo.
Our firm, together with partner Lorenzo Caruccio and associate Davide D’Occhio, successfully represented Microport CRM, supported by the technical team led by in-house counsel Alice Flacco, in proceedings before the Regional Administrative Court (TAR) of Umbria. The case concerned the annulment of the award of the Punto Zero tender procedure (the regional purchasing center for healthcare sector acquisitions) for the selection, through a framework agreement, of suppliers to regional hospital companies of active implantable devices (pacemakers and defibrillators).
With rulings no. 548/2025, 561/2025, and 562/2025, the TAR upheld the appeals and ordered the reinstatement of Microport among the awarded suppliers for Lots 1 (single-chamber pacemakers SSIR), 7 (dual-chamber ICDs), and 8 (biventricular ICDs). The total value of the supplies associated with the framework agreements for the contested Lots exceeds 7 million euros.
Camerani & Cornacchia Group S.r.l., a brokerage company specialized in insurance solutions for agricultural risks, has joined Ardonagh Group.
This transaction marks a key strategic step that enhances Ardonagh Group’s service offering in Italy, in a crucial and rapidly evolving sector such as the management of risks arising from natural disasters related to agriculture, enabling effective fulfillment of clients’ insurance needs and requirements.
Our firm advised Ardonagh Italia S.p.A. with a team led by partner Nicolò Juvara.
A consortium led by the Coima ESG City Impact Fund, part of the real estate development company Coima SGR, and Eagle Hills, a company based in Abu Dhabi, has reached an agreement with banks to acquire 100% of the historical debt of the company that owned Hotel Des Bains, amounting to €54 million, which will be converted into equity shares. This agreement will enable a total investment of approximately €200 million for the complete restoration and modernisation of the hotel on the Venice Lido, with a projected completion timeline of about 3 years.
Our firm advised Coima with a team led by partner Ugo Molinari, including partner Beatrice Neri, senior associate Michela Maresca and associate Gianluca Diena, as well as partner Lorenzo Caruccio and senior associate Fausto Indelicato for administrative law matters.
J.C. Flowers & Co., a private investment firm specializing in the financial services sector, has acquired 100% of the two insurance companies through which the German group Wefox operates in Italy.
The transaction, which follows the acquisition of a controlling stake in the brokerage company Consulbrokers last autumn, is part of the fund's European growth plan in the insurance sector.
Our firm advised J.C. Flowers with a multidisciplinary team coordinated by partner Ugo Molinari and composed of partner Ciro Di Palma, managing counsel Francesca Battistutta and associates Giulia Mescolini and Beatrice Mattioni, for M&A aspects; partner Nicolò Juvara, associate Sara Nicole Cancedda and Elisa Berna, for regulatory aspects; as well as partner Lorenzo Caruccio for administrative law aspects.
Banco di Desio e della Brianza S.p.A. has announced the signing of a 10 year partnership agreement with Italiana Assicurazioni S.p.A., an insurance company belonging to Reale Group, following a structured competitive selection process.
The agreement provides for a preferential commercial collaboration aimed at integrating and completing Banco Desio's current insurance product offering through the distribution of IBIPs products, including Class I, Class III, Class V, and Multi-class products.
Banco Desio was advised by Molinari with partners Nicolò Juvara and Daniela Runggaldier and associate Sara Cancedda.