G Square Invests in G-21: Expands Biomedical Presence
Deal News | Jun 30, 2025 | Legal Community Italy

G Square Healthcare Private Equity LLP has acquired a majority stake in G-21 S.r.l., a company specialized in developing, producing, and distributing biomaterials for orthopedic and spinal procedures. Legance - Avvocati Associati aided G Square during this strategic investment, with a multidisciplinary team led by partner Lorenzo Gentiloni Silveri. The transaction's corporate aspects were managed by Walter Campagna, with further legal insights including employment law and golden power regulation provided by specialized partners and associates. The sellers were counseled by Pirola Pennuto Zei & Associati, with Francesca de Fraja Frangipane leading their corporate team. This acquisition marks a significant investment by G Square in the high-specialty medical devices sector, further enhancing the fund's presence in healthcare and biomedical technologies.
Sectors
- Healthcare
- Private Equity
- Legal Services
Geography
- Italy – G-21 S.r.l. and both legal firms involved, Legance and Pirola Pennuto Zei & Associati, are based in Italy.
- United Kingdom – G Square Healthcare Private Equity LLP is a UK-based firm.
Industry
- Healthcare – This industry is relevant as the target company G-21 operates in developing medical biomaterials for orthopedic and spinal procedures.
- Private Equity – G Square is a private equity firm making strategic investments in the healthcare sector.
- Legal Services – Both Legance and Pirola Pennuto Zei & Associati provided legal advisory services for the transaction.
Financials
Participants
Name | Role | Type | Description |
---|---|---|---|
G-21 S.r.l. | Target | Company | A company involved in the development, production, and distribution of biomaterials for orthopedic and spinal procedures. |
G Square Healthcare Private Equity LLP | Buyer | Company | A specialized private equity fund investing in the healthcare sector. |
Legance - Avvocati Associati | Legal Advisor to Buyer | Company | Legal firm providing multidisciplinary advisory services to G Square for the transaction. |
Pirola Pennuto Zei & Associati | Legal Advisor to Sellers | Company | Corporate legal advisors for the sellers in the transaction. |
Studio Notarile Marchetti | Notary Support | Company | Provided notary support for the transaction. |