BonelliErede Advises Hisi in Major Italian PPP Acquisition
Deal News | Jan 29, 2025 | Legal Community Italy
In a significant transaction in the Italian infrastructure sector, BonelliErede has successfully represented Hisi, a company controlled by the F2i fund, in the acquisition of Concessioni Investimenti Infrastrutturali from Pergola, a portfolio managed by Infracapital Greenfield Partners I Lp. This acquisition encompasses entities managing three public-private partnership (PPP) projects, including Empoli Salute, Societ Energia Careggi, and Vimercate Salute, which are involved with non-health services and co-generation systems in hospitals. The comprehensive legal assistance provided by BonelliErede included due diligence, financing, and project contracts. BonelliErede's legal team was supported by Freshfields for fiscal matters and Advant Nctm for M&A and regulatory aspects, representing Infracapital. The financing of the acquisition was overseen by Gianni & Origoni, assisting Bper Banca, the lender managing the financial documentation.
Sectors
- Legal Services
- Infrastructure
Geography
- Italy – The transaction and all involved companies and legal advisories are located and operating within Italy.
Industry
- Legal Services – The article primarily discusses the legal firms and teams involved in the acquisition of a company managing PPP projects.
- Infrastructure – The acquisition involves managing infrastructure through public-private partnerships in Italy's healthcare sector.
Financials
Participants
| Name | Role | Type | Description |
|---|---|---|---|
| BonelliErede | Legal Advisor for Hisi | Company | Legal firm providing comprehensive support including due diligence and financing. |
| Hisi | Acquirer | Company | Company controlled by the fund F2i, acquiring Concessioni Investimenti Infrastrutturali. |
| F2i | Parent Fund | Company | Fund controlling Hisi, involved in the acquisition. |
| Pergola | Seller | Company | Portfolio company from which Hisi acquired the stake, managed by Infracapital. |
| Infracapital Greenfield Partners I Lp | Seller's Fund | Company | Fund managing Pergola, involved in the sale of Concessioni Investimenti Infrastrutturali. |
| Freshfields | Legal Advisor for Hisi on Tax Matters | Company | Legal firm advising on fiscal aspects of the transaction. |
| Advant Nctm | Legal Advisor for Infracapital | Company | Provided legal advisory services on M&A and regulatory matters. |
| Gianni & Origoni | Legal Advisor for Bper Banca | Company | Advised the lender on the financing documents for the acquisition. |
| Bper Banca | Lender | Company | Served as the sole lender facilitating the financial aspects of the acquisition. |