Sbravati Acquired by GBSapri with PwC's Assistance
Deal News | Jul 01, 2025 | Finance Community IT - 1 Corporate M&A
GBSapri has completed an investment in Sbravati Insurance Broker, a Genoese insurance brokerage firm specializing in railway risk management. PwC served as the financial advisor to GBSapri, conducting financial due diligence through a team led by partner Giuseppe Randazzo, with support from Sebastiano Erba and Angelo Pipino. Additionally, PwC TLS assisted with tax due diligence. This acquisition aims to strengthen GBSapri Group's position in Genoa, further establishing it as a hub of Italian excellence in the sector. As part of the deal, Michela and Paola Sbravati will join GBSapri's board of directors. Financial details of the transaction have not been disclosed.
Sectors
- Insurance Brokerage
- Financial Advisory Services
Geography
- Italy – The companies involved, including Sbravati Insurance Broker and GBSapri, are based in Italy, and the article specifically mentions Genoa.
Industry
- Insurance Brokerage – The article discusses the acquisition of an insurance brokerage firm, Sbravati Insurance Broker, by GBSapri.
- Financial Advisory Services – PwC's role in providing financial and tax advisory services is a significant aspect of the article.
Financials
- Not Disclosed – The financial details of the acquisition of Sbravati by GBSapri were not shared in the article.
Participants
| Name | Role | Type | Description |
|---|---|---|---|
| Sbravati Insurance Broker | Target Company | Company | A Genoese insurance brokerage firm specializing in railway risk management. |
| GBSapri | Bidding Company | Company | A company aiming to strengthen its position in Genoa through strategic acquisitions. |
| PwC | Financial Advisor | Company | Provided financial and tax due diligence services for GBSapri in the acquisition of Sbravati. |
| Giuseppe Randazzo | Partner | Person | Led the PwC team in conducting financial due diligence. |
| Sebastiano Erba | Senior Manager | Person | Part of the PwC team conducting financial due diligence. |
| Angelo Pipino | Senior Associate | Person | Contributed to the financial due diligence performed by PwC. |
| Michela Sbravati | Board Member | Person | Will join GBSapri's board of directors following the acquisition. |
| Paola Sbravati | Board Member | Person | Will also join GBSapri's board of directors after the acquisition. |