Kept Italia Agrees to Acquire Veredus
Deal News | Nov 07, 2024 | Legal Community Italy
Kep Italia, an equestrian helmet producer and a portfolio company of Arcadia Sustainable Capital III, is set to acquire Veredus, an Italian company specializing in horse accessories and protective gear. The acquisition is expected to close by the end of November 2024. Legal counsel for Kep Italia is provided by Carbonetti & Associati and Pirola Pennuto Zei & Associati, handling legal and structural aspects respectively, with fiscal matters managed by Pomara Scibetta. The selling shareholders will reinvest indirectly in the company and are guided legally by Russo De Rosa, with Credem Euromobiliare Private Banking serving as the financial advisor. The financing bank, Illimity, is supported by Orrick for legal advisory.
Sectors
- Private Equity
- Equestrian Equipment
- Legal Advisory
- Financial Services
Geography
- Italy – Both Kep Italia and Veredus are Italian companies, and the legal and financial advisers are also based in Italy.
Industry
- Private Equity – Arcadia Sustainable Capital III is a private equity firm involved in the acquisition of Veredus.
- Equestrian Equipment – The acquisition involves Kep Italia and Veredus, companies that produce equestrian helmets and horse accessories, respectively.
- Legal Advisory – Multiple law firms are involved in providing legal counsel for the acquisition process.
- Financial Services – Credem Euromobiliare Private Banking is involved as the financial advisor, and Illimity as the financing bank.
Financials
- – No specific financial details such as deal price or revenue figures are provided in the article.
Participants
| Name | Role | Type | Description |
|---|---|---|---|
| Kep Italia | Acquiring Company | Company | An equestrian helmet producer and a portfolio company of Arcadia Sustainable Capital III. |
| Arcadia Sustainable Capital III | Private Equity Firm | Company | Private equity firm owning Kep Italia. |
| Veredus | Acquired Company | Company | An Italian company producing accessories and protection for horses. |
| Carbonetti & Associati | Legal Advisor | Company | Provides legal advice to Kep Italia for the acquisition. |
| Pirola Pennuto Zei & Associati | Legal Advisor | Company | Assists Kep Italia with structural aspects of the acquisition. |
| Pomara Scibetta | Fiscal Advisor | Company | Handles the fiscal aspects of the acquisition. |
| Russo De Rosa | Legal Advisor for Vendors | Company | Provides legal counsel to the selling shareholders. |
| Credem Euromobiliare Private Banking | Financial Advisor | Company | Acts as the financial advisor for the selling shareholders. |
| Illimity | Financing Bank | Company | Provides financing for the acquisition, supported by Orrick. |
| Orrick | Legal Advisor | Company | Supports Illimity with legal aspects. |