Arena's Strategic Debt Refinancing Successfully Concluded
Deal News | Jan 23, 2025 | PedersoliGattai
PedersoliGattai, an advisory firm, has successfully assisted Arena, a renowned name in aquatic, sports, and lifestyle apparel, in the completion of a strategic debt refinancing. The financing was facilitated by a group of prominent banks, demonstrating confidence in Arena's business model and strategic direction. Arena's controlling shareholder, the Swiss private equity firm Capvis, which has held a majority stake since 2014, continues to lend its support to the brand's strategic development initiatives. The advisory team from PedersoliGattai included prominent legal experts Lorenzo Vernetti, Marcello Legrottaglie, and associates Piero Piccolo and Virginia Crugnola, who managed the negotiation of financial documentation and addressed related legal considerations.
Sectors
- Apparel and Sportswear
- Private Equity
- Banking and Financial Services
- Legal Advisory
Geography
- Switzerland – Switzerland is relevant as the home country of the private equity firm Capvis, Arena's controlling shareholder.
Industry
- Apparel and Sportswear – Arena is an iconic brand known for its aquatic, sports, and lifestyle apparel, thus placing it firmly within the apparel and sportswear industry.
- Private Equity – Capvis, the Swiss private equity firm, is the controlling shareholder of Arena, influencing its strategic development and financing strategies.
- Banking and Financial Services – A pool of leading banks provided the financial resources for Arena's debt refinancing, making this sector relevant.
- Legal Advisory – PedersoliGattai's role as a legal advisor and its involvement in managing financial documentation negotiation highlight this sector's relevance.
Financials
- Not specified – Details about the exact financial figures of the debt refinancing are not disclosed in the article.
Participants
| Name | Role | Type | Description |
|---|---|---|---|
| Arena | Target | Company | Arena is a global brand specializing in aquatic, sports, and lifestyle apparel. |
| Capvis | Controlling Shareholder | Company | Capvis is a Swiss private equity fund that has been Arena's controlling shareholder since 2014. |
| PedersoliGattai | Legal Advisor | Company | PedersoliGattai is a firm providing legal advisory services, particularly in the negotiation of financial documentation for Arena's refinancing. |
| Lorenzo Vernetti | Partner | Person | Lorenzo Vernetti led the team of legal experts from PedersoliGattai advising Arena. |
| Marcello Legrottaglie | Senior Counsel | Person | Marcello Legrottaglie was a senior counsel from PedersoliGattai involved in the advisory process. |
| Piero Piccolo and Virginia Crugnola | Associates | People | Associates from PedersoliGattai who contributed to managing financial documentation and legal aspects. |
| A pool of leading banks | Finance Providers | Company | A group of prominent banks provided the financial resources for Arena's debt refinancing. |