GBSAPRI Strengthens Its Market Position with Sbravati Acquisition
Deal News | Jul 03, 2025 | Legal Community Italy

GBSAPRI, an independent Italian company specializing in insurance brokerage and risk management, has signed binding agreements to acquire Sbravati Insurance Broker from the Sbravati family. Sbravati Insurance Broker is a longstanding player in the insurance brokerage sector, with over 50 years of experience and notable expertise in railway risk management. The transaction is part of GBSAPRI’s strategic plan to expand its presence in the Italian market, aiming to become the leading hub for insurance intermediation in Italy. The deal is expected to close between the third and fourth quarter of 2025. GBSAPRI was advised by Chiomenti, a law firm with a multidisciplinary team led by Francesca Villa and Federico Amoroso. Regulatory aspects were managed by Flavia Pagnanelli with assistance from Francesco Sileo and Anna Giulia Piersanti. The sellers, meanwhile, received legal counsel from LCA Studio Legale, with an M&A team led by Benedetto Lonato and Virginia Cella.
Sectors
- Insurance Brokerage
- Legal Advisory
Geography
- Italy – The acquisition involves Italian companies and aims to strengthen GBSAPRI’s position in the Italian insurance brokerage market.
Industry
- Insurance Brokerage – The article focuses on the acquisition of Sbravati Insurance Broker, a company with expertise in insurance brokerage and risk management.
- Legal Advisory – The involvement of legal firms Chiomenti and LCA Studio Legale in the acquisition process highlights the role of legal advisory in M&A transactions.
Financials
Participants
| Name | Role | Type | Description |
|---|---|---|---|
| GBSAPRI | Buyer | Company | An Italian independent company specializing in insurance brokerage and risk management. |
| Sbravati Insurance Broker | Target | Company | A brokerage company with over 50 years of experience, known for its expertise in railway risk management. |
| Sbravati Family | Seller | People | The previous owners of Sbravati Insurance Broker. |
| Chiomenti | Legal Advisor to Buyer | Company | Provided legal counsel to GBSAPRI in the acquisition process with a multidisciplinary team. |
| Francesca Villa | Legal Advisor | Person | Led the Chiomenti team advising GBSAPRI. |
| LCA Studio Legale | Legal Advisor to Seller | Company | Provided legal counsel to the Sbravati family during the transaction. |
| Benedetto Lonato | Legal Advisor | Person | Led the LCA Studio Legale M&A team advising the sellers. |