Pedersoli Studio Legale advised Quadrivio Group in the acquisition of a majority interest in Twist, a company operating in the circular economy with a focus on the sale of smartphones, tablets and refurbished PCs with more than 100 million revenues and an export share of approximately 80%.
The transaction was executed through the vehicle Industry 4.0 Fund, which invests in the innovation and digital transition of SMEs.
The two founding shareholders, Francesco and Maurizio Santucci, shall remain at the helm of the company as CEO and Sales Manager respectively and will reinvest in it.
The team at Pedersoli Studio Legale that provided assistance in the structuring of the transaction is composed of Ascanio Cibrario (Equity Partner), Luca Rossi Provesi (Partner), Edoardo Augusto Bononi (Senior Associate), as well as Giorgia Patrizi and Raffaele Mittaridonna (Associates) in relation to corporate M&A aspects, including Francesca Pistol (Senior Associate) in relation to data protection aspects.
Russo De Rosa Associati acted in relation to tax matters with a team composed of the founding and managing partner Alberto Russo, Alessandro Manias (Partner) and Stefano Gentile (Associate).
The sellers were advised by the attorney Paolo Pecora.