R-Store Acquires MedCa Group Including Juice and Rekordata
Deal News | Nov 04, 2024 | Legal Community Italy
LCA Studio Legale supported R-Store SpA in acquiring the entire capital of MED Computer from Astro and 1Loop. This acquisition enhances R-Store's position as the most significant Apple Premium Partner in Italy, and among the largest globally. Med Computer controls various entities, including Juice, Rekordata, Med Innovations, and ICT. Deloitte provided accounting and financial due diligence services, while corporate and acquisition financing was guided by L&C Corporate under Antonio Cavazzini's leadership. Tax consultancy was managed by Battaglia & Partners. The acquisition was financed by a consortium of banks led by BNL-BNP Paribas, with participation from Cassa Depositi e Prestiti, Medio Credito Centrale, and SACE. Advant-NCTM Studio Legale assisted the financial consortium. Astro, in the sale process, was advised by Withers Studio Legale.
Sectors
- Technology Retail
- Legal Services
- Financial Services
Geography
- Italy – The acquisition prominently involves Italian companies and firms, emphasizing the deal's focus in Italy.
Industry
- Technology Retail – The acquisition involves Med Computer and its control over Apple Premium Partner businesses, making it highly relevant to the technology retail industry.
- Legal Services – LCA Studio Legale and other legal firms were heavily involved in the advisory process for the acquisition.
- Financial Services – Multiple financial institutions and advisors participated, providing financial due diligence and acquisition financing.
Financials
- – The article does not specify the financial amounts involved in the acquisition.
Participants
| Name | Role | Type | Description |
|---|---|---|---|
| R-Store SpA | Bidding Company | Company | An Italian technology retail company acquiring MED Computer. |
| MED Computer | Target Company | Company | Owned Juice, Rekordata, Med Innovations, and ICT, now acquired by R-Store. |
| Astro | Selling Company | Company | One of the companies selling its interest in MED Computer. |
| 1Loop | Selling Company | Company | Another company involved in selling its interest in MED Computer. |
| LCA Studio Legale | Legal Advisor | Company | Provided legal services for the acquisition. |
| Deloitte | Financial Advisor | Company | Handled accounting and financial due diligence. |
| Antonio Cavazzini | Corporate Advisor | Person | Directed corporate and acquisition financing advice. |
| Battaglia & Partners | Tax Advisor | Company | Provided tax consultancy and coordination. |
| BNL-BNP Paribas | Finance Arranger and Agent | Company | Led the consortium of banks financing the acquisition. |
| Cassa Depositi e Prestiti | Financial Institution | Company | Participated in finance of the acquisition. |
| Medio Credito Centrale | Financial Institution | Company | Contributed to the acquisition's financing. |
| SACE | Financial Institution | Company | Joined the pool of banks in financing. |
| Advant-NCTM Studio Legale | Legal Advisor to Finance Group | Company | Offered legal services to the banks pooling. |
| Withers Studio Legale | Legal Advisor to Astro | Company | Assisted Astro in the sales process. |