Vam Investments Advances with Gym Nation Italia Acquisition
Deal News | Feb 17, 2025 | Legal Community Italy
Vam Investments has finalized the acquisition of the Orange and Egosistema groups, active in the gym sector, forming the conglomerate Gym Nation Italia. Announced in November, the deal was financed by a banking pool including Banco BPM, Banca Popolare di Sondrio, Banca Ifis, Banca del Fucino, Illimity, and Banca Sella. Legal support for Vam came from DWF and Legance, addressing corporate and fiscal aspects respectively. The banks were advised by Gatti Pavesi Bianchi Ludovici, while the sellers of Egosistema and Orange received legal counsel from Gitti and Partners and PedersoliGattai.
Sectors
- Private Equity
- Fitness and Leisure
- Legal Services
Geography
- Italy – The transaction involves an Italian private equity firm and Italian gym companies, with legal advisors also operating in Italy.
Industry
- Private Equity – The article discusses Vam Investments, a private equity firm, and its acquisition activities.
- Fitness and Leisure – The acquisition involves companies within the gym and fitness industry, resulting in the formation of Gym Nation Italia.
- Legal Services – Multiple law firms are mentioned as providing legal and financial structuring advice for the acquisition.
Financials
Participants
| Name | Role | Type | Description |
|---|---|---|---|
| Vam Investments | Acquiring Company | Company | An Italian private equity firm leading the acquisition of Orange and Egosistema. |
| Orange | Target Company | Company | A group acquired by Vam Investments, part of the gym sector. |
| Egosistema | Target Company | Company | Another gym sector group acquired by Vam Investments. |
| Banco BPM | Financing Bank | Company | Part of the banking pool arranging financing for the acquisition. |
| Banca Popolare di Sondrio | Financing Bank | Company | Part of the banking pool arranging financing for the acquisition. |
| Banca Ifis | Financing Bank | Company | Part of the banking pool arranging financing for the acquisition. |
| Banca del Fucino | Financing Bank | Company | Part of the banking pool arranging financing for the acquisition. |
| Illimity | Financing Bank | Company | Part of the banking pool arranging financing for the acquisition. |
| Banca Sella | Financing Bank | Company | Part of the banking pool arranging financing for the acquisition. |
| DWF | Legal Advisor to Vam Investments | Company | Provided corporate M&A advisory services for Vam Investments. |
| Legance | Legal Advisor to Vam Investments | Company | Handled fiscal structuring and other tax aspects of the acquisition for Vam Investments. |
| Gatti Pavesi Bianchi Ludovici | Legal Advisor to the Banks | Company | Advised the pool of banks involved in the financing of the acquisition. |
| Gitti and Partners | Legal Advisor to Egosistema Sellers | Company | Advised the sellers of Egosistema in the transaction. |
| Spiniello Commercialisti Associati | Tax Advisor to Egosistema Sellers | Company | Provided tax advice to the sellers of Egosistema. |
| PedersoliGattai | Legal Advisor to Orange Sellers | Company | Advised the sellers of Orange in the transaction. |