Genetic Transitions from CVC to Renaissance and Aurora
Deal News | May 22, 2025 | Legal Community Italy
Renaissance Partners, together with Aurora Growth Capital, has entered into a binding agreement to acquire the entire share capital of Genetic from CVC Strategic Opportunities. This transaction also sees the Pavese family, who are reinvesting in the new ownership structure alongside Renaissance and Aurora in a 50-50 partnership. Gatti Pavesi Bianchi Ludovici served as the legal advisors for Renaissance Partners and Aurora Growth Capital, coordinating with a multidisciplinary team, handling corporate, financing, and labor law aspects. On the fiscal and financial diligence front, Studio Riccardi Salom Tedeschi provided tax structuring advice, while STS Deloitte managed fiscal and financial due diligence. CVC, the selling party, was legally represented by PedersoliGattai, with facchini Rossi Michelutti Studio Legale Tributario offering fiscal advice, and Rothschild & Co acting as the financial advisor. The transaction underscores Genetic's role in the innovative therapeutic fields in Italy and Europe, targeting strategic international growth.
Sectors
- Private Equity & Venture Capital
- Legal Services
- Biotechnology & Health
Geography
- Italy – The companies and legal entities involved in the transaction are primarily based in Italy, and the article is sourced from an Italian news aggregator.
- Europe – The transaction highlights the strategic growth ambitions of Genetic in the European markets.
Industry
- Private Equity & Venture Capital – The article discusses the involvement of private equity firms Renaissance Partners and Aurora Growth Capital in the acquisition of Genetic.
- Legal Services – Multiple law firms are involved in providing legal advisory services for the transaction, highlighting the role of legal services in M&A activities.
- Biotechnology & Health – Genetic operates in the field of therapeutic innovation, which is part of the biotechnology and health sectors.
Financials
- Not Disclosed – The specific financial terms of the transaction were not disclosed in the article.
Participants
| Name | Role | Type | Description |
|---|---|---|---|
| Genetic | Target Company | Company | The company being acquired by Renaissance Partners and Aurora Growth Capital. |
| CVC Strategic Opportunities | Selling Company | Company | The Private Equity firm selling Genetic. |
| Renaissance Partners | Acquiring Company | Company | One of the acquiring entities forming a partnership with Aurora Growth Capital. |
| Aurora Growth Capital | Acquiring Company | Company | The other acquiring entity in partnership with Renaissance Partners to acquire Genetic. |
| Pavese Family | Equity Partner | People | Reinvesting party maintaining a 50-50 partnership with Renaissance and Aurora. |
| Gatti Pavesi Bianchi Ludovici | Legal Advisor | Company | Advisors for Renaissance Partners and Aurora Growth Capital. |
| PedersoliGattai | Legal Advisor | Company | Provided legal advisory services for CVC Strategic Opportunities. |
| Facchini Rossi Michelutti Studio Legale Tributario | Legal Advisor | Company | Provided tax advisory for CVC. |
| Rothschild & Co | Financial Advisor | Company | Financial advisor for CVC and the Pavese family. |
| Studio Riccardi Salom Tedeschi | Tax and Legal Advisor | Company | Provided tax structuring advice for Aurora Growth Capital and Renaissance Partners. |
| STS Deloitte | Due Diligence Advisor | Company | Handled fiscal and financial due diligence. |
| Alma LED | Legal Advisor | Company | Advised the Pavese family in the transaction. |
| Mediobanca and BNP Paribas | M&A Advisor | Company | Assisted Aurora Growth Capital and Renaissance Partners in M&A matters. |
| Vitale e Associati | Financial Advisor | Company | Managed the creation of the financing consortium. |