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11 December 2024

IMA Italia Assistance and ITAS Mutua announce a strategic partnership

IMA Italia Assistance S.p.A., an insurance company that is part of the Inter Mutuelles Assistance Group and specializes in the assistance sector, has entered into a long-term strategic partnership with ITAS Mutua. Such agreement also includes ITAS’s entry into the share capital of IMA Italia Assistance.

The deal was carried out through ITAS’s subscription to a 10% capital increase in IMA Italia Assistance and the execution of a strategic agreement that, among other aspects, will define new governance structures for the target company.

Our firm, with partner Nicolo' Juvara and senior counsel Daniela Runggaldier, advised IMA Italia Assistance S.p.A., as well as its French shareholders Inter Mutuelles Assistance S.A. e Inter Mutuelles Assistance Services S.A.S.

22 November 2024

VAM Investments launches Gym Nation Italia to consolidate the gym and fitness club sector in Italy

VAM Investments, an Italian private equity firm, announces the launch of Gym Nation Italia, a new project starting with the acquisition of the first 21 gyms from the Orange and Egosistema groups. The initiative aims to consolidate the gym and fitness club sector in Italy.

Our firm advised VAM Investments on the tax aspects of the transaction, with a team composed of partner Ottavia Alfano, senior associate Andrea Cristiani and associate Filippo Maria Mariani.

18 November 2024

Credem and Worldline partner up in merchant payments business in Italy

Credito Emiliano S.p.A. and Worldline have signed a long-term partnership agreement in the field of digital payment services (merchant acquiring) and point-of-sale (POS) management. The agreement includes the transfer of all Credem's merchant acquiring activities for an initial amount of €95 million (with a price adjustment mechanism in subsequent years based on specific targets), as well as the signing of a long-term commercial agreement, lasting up to 15 years, for the distribution of Worldline’s products and services through Credem's network.

Credem was advised by our firm, with a team led by partner Margherita Santoiemma and comprising senior associates Andrea Cecchi and Stefano Cova, and associate Beatrice Mattioni for M&A aspects, senior counsel Daniela Runggaldier for financial regulatory matters, as well as partner Lorenzo Caruccio and senior associate Fausto Indelicato for administrative law aspects.

 

 

4 November 2024

IGI SGR acquires majority stake in Meter S.p.A.

IGI Private Equity, with the support of Crédit Agricole Italia through Amundi Private Equity Italia and Banca Ifis as co-investors, announced the acquisition of a majority stake in Meter S.p.A., a Piedmont-based company founded in 1980 by Vittorio Musso and a global leader in the production of custom ball and roller bearings for special applications.

Our firm advised on the structuring of the transaction and the Italian tax due diligence, with a team led by partner Ottavia Alfano and composed of senior associate Matteo Mairone and associate Filippo Maria Mariani.

 

4 November 2024

Molinari strengthens M&A and Real Estate practices with the hiring of Matteo Almini

Molinari welcomes Matteo Almini as new equity partner of the Firm.

Matteo Almini, who regularly advises insurance companies, financial institutions, institutional investors, private equity and real estate funds as well as industrial groups in domestic and cross-border deals, will strengthen the M&A and Real Estate practices.

Along with him Daniele Sotgiu, as managing counsel, and Silvia Lazzaretti, as associate, will also join Molinari.

 

29 October 2024

J.C. Flowers & Co. to acquire a controlling stake in Consulbrokers

J.C. Flowers & Co., a private investment firm specializing in the financial services sector, has reached an agreement to acquire a controlling stake in Consulbrokers.

Our firm advised J.C. Flowers with a multidisciplinary team coordinated by partner Ugo Molinari and composed of partner Ciro Di Palma, senior associate Francesca Battistutta, and associate Giulia Mescolini for M&A aspects, partner Nicolo’ Juvara and associate Sara Nicole Cancedda for regulatory aspects and W&I policy issuance, partner Ottavia Alfano and of counsel Paolo Ruggiero for tax profiles, and partner Lorenzo Caruccio for administrative law aspects.

17 September 2024

IWG to rent over 2,000 square meters in Torre Velasca

Hines European Value Fund (HEVF), investor of the HEVF Milan 1 fund currently managed by Prelios SGR and owner of Torre Velasca, has entered into an agreement with International Workplace Group (IWG), a company specializing in the provision of flexible workspaces, for the lease of 2,200 square meters spread across three floors (seventh, eighth, and ninth) of Torre Velasca.

Our firm advised Hines with a team composed of partner Alessandro de Botton and senior associate Federico Trabucco.

12 August 2024

Vision Group announces completion of management buyout

Vision Group has completed the management buyout financed by the private equity fund Intermediate Capital Group through ta bond subscription..

Our firm advised the pool of lenders led by Banco BPM in the activities related to the repayment of the existing debt with a team composed of partners Riccardo Agostinelli and Andrea Taurozzi and associate Cristina Cupolo. 

 

 

 

7 August 2024

MW Rome to develop a new hotel in the centre of Rome

MW Rome S.r.l., an Italian company resulting from the joint venture between White City Group, an Israeli group specialized in the purchase and redevelopment of properties for hotel use, and Fattal Hotel Group, an international leading chain in the hotel industry, obtained a loan for the refinancing of the purchase and renovation of a property to be converted into a boutique apart-hotel in the heart of Rome's historic center.

Our firm advised the lending bank with partner Andrea Taurozzi and senior associate Alessandro Pallavicini.

5 August 2024

Landi Renzo starts the implementation of the Financial Manoeuvre

The majority shareholder of Landi Renzo, GBD - Green by definition, and, to a limited extent, the GBD shareholders Girefin, Gireimm, and Itaca GAS, have signed an investment agreement with Invitalia – the National Agency for Development (acting as manager of the Business Protection Fund promoted by the Ministry of Enterprises and Made in Italy). The agreement provides for a capital increase of Landi Renzo up to a maximum of €45 million, with €20 million reserved for Invitalia and additional €20 million guaranteed by GBD. At the same time, Landi Renzo has signed amendments to the existing medium-to-long-term financing agreements with a pool of lending banks.

Our firm advised Landi Renzo on the matters related to the restructuring of financial debt, as well as the minority shareholder Itaca GAS in relation to the investment agreement with Invitalia. The team was led by partner Ugo Molinari and composed of partner Marco Laviano and associate Giuliano Decorato, for corporate matters, and partner Daniele Migliarucci and associate Cristina Cupolo, for finance matters.

5 August 2024

Tecnica Group obtains a €130M sustainability-linked loan

Tecnica Group S.p.A., the world's leading company in outdoor footwear and winter sports equipment, has been granted a Euro 130 million sustainability linked facility aimed, among other things, at supporting the company's operational needs and the achievement of the business objectives identified in the multi-year Industrial Plan.

Our firm advised the pool of lenders with a team composed of partner Andrea Taurozzi, senior associate Alessandro Pallavicini and trainee Lucrezia Naronte. 

 

 

29 July 2024

Trilantic-backed Doppel Farmaceutici merges with Alto Partners' Mipharm

Trilantic Europe and Alto Partners will merge their portfolio companies Doppel Farmaceutici and Mipharm, respectively, to form Domixtar Pharmaceuticals (DMX Pharma), whose shares will be held 50/50 by the two funds. 

Our firm advised Alto Partners and Mipharm with a multidisciplinary team composed of partner Ciro Di Palma, associates Michela Maresca, Gianluca Diena and Beatrice Mattioni, and trainee Filippo Ghanaymi for corporate aspects, of partner Andrea Taurozzi and associate Edoardo Testagrossa for finance aspects, as well as of partner Lorenzo Caruccio and associate Davide D'Occhio for public law related matters. 

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