Gam (Italia) SGR Sells to AcomeA SGR Under Fivers' Guidance
Deal News | Feb 05, 2025 | Legal Community Italy
The legal firm Fivers, along with its counterpart Galante e Associati, is playing a pivotal role in managing the legal and regulatory facets of the sale of Gam (Italia) SGR's entire share capital to AcomeA SGR. This acquisition, which is pending approval from the Bank of Italy, involves merging Gam (Italia) SGR with AcomeA. In parallel, Fivers is aiding Gam Group in reorganizing its Italian commercial operations by establishing an Italian branch of GAM (Luxembourg) and transferring the fund distribution business from Gam (Italia) SGR, a move planned preceding the completion of its acquisition by AcomeA. The Fivers team, headed by co-managing partner Francesco Di Carlo, ensures legal oversight, while Garante's team under partner Barbara Terranova handles AcomeA's side contributions.
Sectors
- Financial Services
- Legal Services
Geography
- Italy – The acquisition and corporate restructuring involve Italian entities and are subject to Italian regulatory approval, specifically from the Bank of Italy.
Industry
- Financial Services – The article involves financial service companies, specifically asset and fund management firms Gam (Italia) SGR and AcomeA SGR.
- Legal Services – The article highlights the legal services provided by Fivers and Galante e Associati in the context of a corporate acquisition.
Financials
Participants
| Name | Role | Type | Description |
|---|---|---|---|
| Gam (Italia) SGR | Target Company | Company | A financial services firm involved in fund management in Italy. |
| AcomeA SGR | Bidding Company | Company | An asset management firm acquiring Gam (Italia) SGR. |
| Fivers | Legal Advisor | Company | A legal and tax advisory firm managing the legalities of the acquisition on behalf of Gam Group. |
| Galante e Associati | Legal Advisor | Company | A legal firm assisting AcomeA SGR with the acquisition. |
| Francesco Di Carlo | Co-Managing Partner at Fivers | Person | Leader of the Fivers team advising on the transaction. |
| Barbara Terranova | Partner at Galante e Associati | Person | Leader of the Galante e Associati team advising AcomeA SGR. |
| Bank of Italy | Regulatory Authority | Government | The central bank of Italy that must approve the acquisition. |