Pedersoli with SellerX, Amazon aggregator, in the acquisition of Vernici Shabby

Pedersoli with SellerX, Amazon aggregator, in the acquisition of Vernici Shabby

Pedersoli Studio Legale advised SellerX in the acquisition of Vernici Shabby, a company specialising in the online sale of home decor and furniture restoration products, including gift goods.

SellerX, Europe’s leading aggregator of third-party e-commerce businesses, was established in August 2020 and received investments from top-tier financial investors, including L-Catterton, leading private equity fund in the consumer industry. Since then, the company has increasingly grown – with more than 30 evergreen brands in several business segments and a staff of over 300 experts based in Berlin, London, Miami and Shenzhen. With its in-house team of operational experts and investment in cutting-edge technology platforms, SellerX supports the growth of its leading brands in their respective industries. 

SellerX team was led by Tommaso Conca, part of the investment team responsible for Italy.

Pedersoli team advised the purchaser in the person of Luca Rossi Provesi (junior partner), including Giacomo Massironi and Giancarlo Maniglio (associates), led by Ascanio Cibrario (equity partner). Labour law aspects were managed by Andrea Scarpellini (senior associate).

BDO Italia advised SellerX in the financial and tax due diligence.

Roberto Catani (name partner of Roberto Catani law firm) and Lawyer Clizia Cacciamani at Innova&Partners advised the seller.

Pedersoli with AVM Gestioni, the first asset investment management company that turns into a Benefit Corporation

Pedersoli with AVM Gestioni, the first asset investment management company that turns into a Benefit Corporation

Pedersoli Studio Legale advised AVM Gestioni SGR S.p.A., an asset management company and Gestore EuVECA, in the transition process to become an Italian Benefit Corporation, introduced in Italy by Law no. 208 of 28 December 2015.

After drafting the first Sustainability Report and the launch of “Impact EuVECA” for sustainable finance purposes, AVM Gestioni is the first asset investment company to become a Benefit Corporation.

The introduction of Benefit Corporations is aimed at improving the number of operators, who have a double purpose (for-profit and common-benefit) and operate in a responsible, sustainable and transparent manner towards stakeholders.

AVM Gestioni has been assisted by the notary office of prof. Ubaldo La Porta and Pedersoli Studio Legale in the person of Jean-Daniel Regna-Gladin (partner).

Pedersoli has developed a Sector Group, which provides integrated and cross-practice services supporting clients in these specific topics.

Pedersoli, Scola and Gitti in the transfer of DeA Capital interest into Tecnomeccanica

Pedersoli, Scola and Gitti in the transfer of DeA Capital interest into Tecnomeccanica

IDeA Efficienza Energetica e Sviluppo Sostenibile fund, managed by DeA Capital Alternative Funds sgr, transferred its interest into Tecnomeccanica to a group of shareholders led by the current CEO of the company Simone Ferrucci.

Tecnomeccanica, established in 1945 and based in Novara, is an Italian foundry specialising in the production of high precision aluminium die-cast components for the lighting and automotive industries.

IDeA Efficienza Energetica e Sviluppo Sostenibile fund has been advised in relation to legal aspects by Pedersoli Studio Legale, with a team composed of Nicolò de’ Castiglioni and Jean-Daniel Regna-Gladin.

Simone Ferrucci and the new shareholders has been assisted by Scola law firm.

Intesa Sanpaolo, as lender of the transaction, has been counselled by Gitti and Partners law firm.

Pedersoli with Lonza Group in the acquisition of services business unit of Exosomics

Pedersoli with Lonza Group in the acquisition of services business unit of Exosomics

Pedersoli Studio Legale advised the Lonza Group, a multinational company listed on Zurich Stock Exchange and global leader in pharmaceutical, biotech and nutrition development and manufacturing, in the acquisition of a business unit from Exosomics, a company specialising, inter alia, in the extraction, enrichment, isolation and characterisation of exosomes and other extracellular vesicles.

The agreement includes the acquisition of staff and assets of Exosomics belonging to the said business unit and relevant laboratories, located in Siena.

Lonza is a minority shareholder of Exosomics since 2017 and it shall remain part of the corporate structure following the consummation of the transaction.

As a result of the acquisition of Exosomics business unit, Lonza shall access resources and know-how in the field of extracellular vesicle characterisation. In addition to R&D, Lonza shall extend its offer in the industry of exosomes, further strengthening its global leadership as CDMO (Contract Development and Manufacturing Organization) in the reference sector.

Pedersoli advised the purchaser with a cross-practice team led by Ascanio Cibrario (equity partner) and including Giacomo Massironi (associate), as to corporate M&A aspects, while Andrea de’ Mozzi (equity partner) provided assistance in relation to tax aspects. Labour law matters have been managed by Andrea Scarpellini (senior associate).

M&A, Europe doesn’t slow down and attracts foreign investors

M&A, Europe doesn’t slow down and attracts foreign investors

Light Prospectus, aloof sentiment: three listed companies are looking at the tool

Light Prospectus, aloof sentiment: three listed companies are looking at the tool

Pedersoli advises WIIT in the acquisition of Release 42 in Germany

Pedersoli advises WIIT in the acquisition of Release 42 in Germany

WIIT S.p.A., one of the main European players in the market of cloud computing services for business, a company listed on Milan MTA-STAR market, organised and managed by the Italian Stock Exchange (Borsa Italiana S.p.A.), has executed agreements for the acquisition of the activities carried out by JBM Technology Deutschland GmbH under the trademark “Release 42”.

The Release 42 Group is highly specialised in e-commerce platforms, mission critical applications that require a high resilience, provided through its two proprietary data centres and offers private and hybrid cloud services to the main German e-commerce companies.

As to growth in the German market, following that of myLoc, in the end of 2020, and Mivitec in July 2021, in which WIIT has always been advised by Pedersoli, this acquisition represents a further and significant implementation in compliance with external growth strategies.

Pedersoli Studio Legale has provided legal assistance to WIIT with a team led by Marcello Magro (equity partner) together with Fabrizio Grasso and Marco Molineris (both counsel).

WIIT was also advised by GSK Stockmann law firm for German law aspects.

Pedersoli among most innovative law firms according to the Financial Times

Pedersoli among most innovative law firms according to the Financial Times

Pedersoli and Linklaters for the issue of a EUR 150 million bond of WIIT

Pedersoli and Linklaters for the issue of a EUR 150 million bond of WIIT

WIIT S.p.A., one of the main European players in the market of Cloud Computing services for business, listed on the MTA, STAR segment of the Italian Stock Exchange, has issued, on 7 October 2021 a non-convertible, non-subordinated and unsecured senior bond loan in an overall nominal value of EUR 150,000,000 and having a 5-year term.

From 7 October 2021, such bonds are traded on the regulated market of the Official List of the Irish Stock Exchange – Euronext Dublin and on MOT of the Italian Stock Exchange.

Pedersoli Studio Legale advised WIIT with a team led by Marcello Magro (equity partner) including Fabrizio Grasso (counsel), Federico Tallia (senior associate) and Riccardo Monge (associate). Tax aspects were managed by Daniela Caporicci (partner).

Linklaters advised Equita SIM S.p.A. as placement agent and purchase specialist with a team led by Ugo Orsini (partner) and Linda Taylor (counsel) with support from Laura le Masurier (managing associate) and Marta Fusco (associate).

ZNR Notai, in the person of Filippo Zabban, Marco Ferrari and Enrica Zabban (lawyer), managed notarial aspects of the transaction.

Pedersoli on top of M&A league tables

Pedersoli on top of M&A league tables