Mediorischi Acquired by +Simple.fr in Italian Expansion
Deal News | Oct 31, 2024 | Legal Community Italy
In a strategic move to strengthen its presence in Italy, the French digital insurance brokerage firm +Simple.fr has acquired Mediorischi, an Italian insurance and reinsurance brokerage. This marks +Simple.fr's sixth acquisition in Italy over the last three years, highlighting a steady expansion strategy in the Italian market. Legal advice was provided by Plusiders Studio Legale e Tributario with partners Maurizio Fraschini and Paolo Puri focusing on M&A, corporate, and tax aspects respectively, along with associates Filippo Burigana and Vittoria Laera. Financial advisory was managed by Fides Corporate Finance with Domenico Trotta acting as the managing partner, while the selling party was represented by GPDLex. The notarial tasks were handled by Studio Pant under the guidance of Notary Fabio Pant.
Sectors
- Insurance
- Corporate Finance
- Legal Services
Geography
- Italy – The target company, Mediorischi, is based in Italy, and the acquisition marks +Simple.fr's expansion in the Italian market.
- France – +Simple.fr, the acquiring company, is a French digital insurance brokerage firm, indicating the cross-border nature of this M&A deal.
Industry
- Insurance – The acquisition of Mediorischi, an insurance and reinsurance brokerage, by +Simple.fr underscores its operations within the insurance industry.
- Corporate Finance – Fides Corporate Finance's involvement as a financial advisor underscores the corporate finance aspects of this transaction.
- Legal Services – The involvement of Plusiders Studio Legale e Tributario in legal advisory highlights the significance of legal services in the M&A process.
Financials
Participants
| Name | Role | Type | Description |
|---|---|---|---|
| Mediorischi | Target Company | Company | An Italian broker of insurance and reinsurance. |
| +Simple.fr | Bidding Company | Company | A French multinational digital insurance brokerage firm. |
| Plusiders Studio Legale e Tributario | Legal Advisor | Company | Provided legal counsel for M&A, corporate, and tax aspects of the transaction. |
| Fides Corporate Finance | Corporate Finance Advisor | Company | Served as the financial advisor for +Simple.fr in the acquisition. |
| Studio GPDLex | Legal Advisor to Sellers | Company | Legal representative for the vendors in the transaction. |
| Studio Pant | Notary | Company | Handled the notarial aspects of the deal. |