Pedersoli with WIIT in the acquisition of myLoc managed IT AG

Pedersoli Studio Legale has advised WIIT S.p.A., one of the main Italian players in the market of cloud computing services for businesses focused on the provision of permanent hybrid cloud and hosted private cloud services for critical applications, a company listed on the MTA market, STAR segment, organised and managed by Borsa Italiana S.p.A., in the acquisition of 100% share capital of myLoc managed IT AG, a German provider of cloud and colocation services for businesses and individuals, member of the ProSiebenSat.1 Media SE Group.

This is WIIT’s first international acquisition transaction.

Pedersoli team that has counselled the purchaser has been led by Marcello Magro (equity partner) and included Marco Molineris (counsel) and Fabrizio Grasso (senior associate).

Weitnauer has acted as WIIT’s local counsel. ING Corporate Finance has acted as financial advisor and Deloitte as tax and accounting advisor.

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